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Startup Springcamp 2012 Per Sahlin Timo Lehes

Springcamp 2012 kick off

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Page 1: Springcamp 2012 kick off

Startup Springcamp 2012

Per Sahlin

Timo Lehes

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Accelerator program – lean startup

• Focus on fast moving Internet/software-based startups

• Create a dynamic environment with entrepreneurs, developers, serial entrepreneurs etc

• The challenge is to develop and launch an early ”minimum viable product” to measure customer response

• Launch today and the grand finale is planned to mid June with a demo evening

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The teams

• Instaphone

•Pax & Liberta

•YouPic

•Matad

•Evisto

•Sparv

•The givers

•Olsson & Zaya

• Iguazu

•Decor

•Metapic

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Information updates

• Primary source: – ssc2012.wordpress.com/schedule

– Twitter: @sahlinas / #ssc2012

• Secondary:– [email protected]

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Speakers

• Anders Hallin (Skype, Stardoll, Duego)

• John Sjölander (Contribio, Burt)

• Anders Fredriksson (Tablefinder, Shpare, etc)

• Louise Brudö (AdFreight, Destly)

• David Brud (Smoltek, Destly, Fyndiq etc)

• Alexander Hars (System OK, Let’s Deal)

• Henrik Berglund (Center of Business Innovation)

• Jan Bosch (Nokia Research Center, Intuit, etc)

• Daniel Eliasson (Xwine, Apegroup)

• Jakob Mattsson (Burt)

• Amer Mohammed (Healthy Heroes)

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The entrepreneur’s

focus

Identify and build a scaleable business in the shortest possible time

The investor’s focus

Identify people who know how to

$Identify and build a scaleable business in the shortest possible time

What’s the #1 Focus for Startups?

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In the past – many entrepreneurs were

DELUSIONAL

• We know what customers want!• We can predict the future!• Advancing a business plan is progress!• If we build one more feature, they will come!• VC money is validation of our idea!

Fortunately entrepreneurs as a species are

EVOLVING

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What is best use of our time?

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There are adequate tools for Lean Startups!

1. A URL

http://www.x.com

2. A (partial) business model hypothesis

3. Tools for testing assumptions throughmetrics

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Lean startup – Build Measure Learn

MVP The base lineCustomers The validationMetrics The Tool

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Why Lean Startup benefits investors?

• Increases likelyhood of success by iterating until a scaleable business is found

• Focuses on learning and on tracking specific Startup metrics that are different from traditional company metrics

• Lean Startup does not disqualify the possibility to ”go big”

• Very likely to save time and money for both investors and entrepreneurs

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SummerCamp 2011@Chalmers Innovation http://ssc2011.wordpress.com/

• Entrepreneurs to work with other entrepreneurs on their idea

• Focus on sociala media, Internet SW, Apps

• Max 10 projects - no cost for entrepreneurs

• Run from mid june to mid august 2011

• One of you has to know how to write code

• Based on Lean Startup, Cust Dev, Iterative Development

• 2 Case studies + we meet to share experiences

• Track Record 6 projects – 1 bailed, 2 got funding

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Thank You!

[email protected]@timolehes

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The office

• You only need at ”tag” if you will arrive after 5 PM

• The room is accessible 24/7

• Don’t leave your stuff – it’s unlocked

• ”Open office” – use an available seat