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RIGA THINGS no one tells you when running your start-up Alex Barrera (@abarrera) [email protected]

Things no one tells you when running your startup

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My talk on the reality of running a start-up that no one cares to tell you until it happens. Typical mistakes, cofounders, shares, growth, scaling, etc. Pioneers Unplugged in Riga 2013.

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Page 1: Things no one tells you when running your startup

RIGA

THINGS no one tells you when running your start-up

Alex Barrera (@abarrera)[email protected]

Page 2: Things no one tells you when running your startup

Oh start-‐up land!!

Page 3: Things no one tells you when running your startup

ME Alex Barrera

3 companies

2 accelerators

12 mentorships

Page 4: Things no one tells you when running your startup

#1 RAISING MONEY

Page 5: Things no one tells you when running your startup

To raiseor

NOT to raise

Page 6: Things no one tells you when running your startup
Page 7: Things no one tells you when running your startup
Page 8: Things no one tells you when running your startup

Investor evilness aka

Term sheets

Page 9: Things no one tells you when running your startup

For F**KINGEVAR!

Page 10: Things no one tells you when running your startup

#2 STOCK OPTIONS

Page 11: Things no one tells you when running your startup

Meet the developer...

Page 12: Things no one tells you when running your startup
Page 13: Things no one tells you when running your startup

Got stock

option?

Page 14: Things no one tells you when running your startup

THE coffee bringer Intern

Page 15: Things no one tells you when running your startup

When you met him...

Page 16: Things no one tells you when running your startup

You know who he IS!

Page 17: Things no one tells you when running your startup

I said #AB00FF

Page 18: Things no one tells you when running your startup

#3 PIVOTING

Page 19: Things no one tells you when running your startup

What?! No traction?!

IT CAN’T BE!

Page 20: Things no one tells you when running your startup

Facebook must be down...

0 SIGNUPS

Page 21: Things no one tells you when running your startup

Why aren’t they using it?

Page 22: Things no one tells you when running your startup

FREE B33R

Page 23: Things no one tells you when running your startup

But it’s your baby

Page 24: Things no one tells you when running your startup

#4 SCALING

Page 25: Things no one tells you when running your startup
Page 26: Things no one tells you when running your startup

More iron?

Page 27: Things no one tells you when running your startup

Or refactoring?

Page 28: Things no one tells you when running your startup

Spaghetti

CODE

Page 29: Things no one tells you when running your startup

Rewrite

Page 30: Things no one tells you when running your startup

CTO

I’m CEO bitch!

Page 31: Things no one tells you when running your startup
Page 32: Things no one tells you when running your startup

#5 JUGGLING

Page 33: Things no one tells you when running your startup
Page 34: Things no one tells you when running your startup
Page 35: Things no one tells you when running your startup
Page 36: Things no one tells you when running your startup

Lean Start-up expert

Page 37: Things no one tells you when running your startup
Page 38: Things no one tells you when running your startup

#6 FOUNDERS

Page 39: Things no one tells you when running your startup

Ego.. WHAT ego?

Page 40: Things no one tells you when running your startup

First cause of start-up Death

Page 41: Things no one tells you when running your startup

Lets share

50/50

Page 42: Things no one tells you when running your startup

Texto

Page 43: Things no one tells you when running your startup
Page 44: Things no one tells you when running your startup

I WANT OUT

Page 45: Things no one tells you when running your startup

Got work?

Page 46: Things no one tells you when running your startup

NOT MY JOB™

Page 47: Things no one tells you when running your startup

#7 EPIC FAIL

Page 48: Things no one tells you when running your startup

Start-up ownership: 90%

Page 49: Things no one tells you when running your startup
Page 50: Things no one tells you when running your startup
Page 51: Things no one tells you when running your startup

Failure is GOOD

Page 52: Things no one tells you when running your startup
Page 53: Things no one tells you when running your startup
Page 54: Things no one tells you when running your startup

My baby

Page 55: Things no one tells you when running your startup

ops start-up

My baby

Page 56: Things no one tells you when running your startup

ops start-upf**king start-up

My baby

Page 57: Things no one tells you when running your startup

Not about Fame & Glory

Page 58: Things no one tells you when running your startup

ENJOY

Page 59: Things no one tells you when running your startup
Page 60: Things no one tells you when running your startup

THANK YOU!

Alex Barrera (@abarrera)[email protected]