Luc Texier : Créer une start-up et savoir s'arrêter à temps

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Xippix

1999 2004 2011

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What is mindGuru?

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Launch Checklist

Business Requirements

SECURE ENOUGH FUNDING VALIDATE PLANS (BIZ / FINANCE) FIND A CO-FOUNDER DEVELOP THE PRODUCT

Personal Requirements

DON’T START ALONE DON’T LOSE YOUR HOUSE DON’T LOSE YOUR MIND

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Jan 2011 - The quest for a co-founder…

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Business Plan • Market exists • Successful leaders like it Financial Plan • No need for VC cash • Recurrent revenue

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Feb 2011 – Validating the Plans

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• Own cash from stock sell • Enough to last 2 years • Covers 2 full salaries

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Feb 2011 - Funding

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• Standards exists • Software exist • No need for a head-count

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March 2011 - Product

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Apr 2011 - The quest for a co-founder…reloaded

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Business Requirements

SECURE FUNDING VALIDATE PLANS (BIZ / FINANCE) FIND A CO-FOUNDER DEVELOP THE PRODUCT

Personal Requirements

DON’T START ALONE DON’T LOSE YOUR HOUSE DON’T LOSE YOUR MIND

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All Systems Go?

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So failure or not?

Networking in CH (e.g. venturelab) Business plan Option Pool Business angel VC Pitching P&L

Term Sheet Delaware Board of Advisors Market Analysis Equity Stock Option Plan ….

And I found my next job which lead to a career change!

Really…not!

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Belle Année 2013!

Rezonance – 04 Decembre 2012 - Genève