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Learning to fly: building tech startups in CEE
Spark.me, 26 september
The fabulous me
• Small time tech entrepreneur• Founded of How to Web & Startup Spotlight• Also founded Tech Hub Bucharest, Tech Angels
and others• Mentor at Seedcamp, Springboard / Tech
Stars, Eleven, LAUNCHub, Rockstart, HackFWD and others
• @bogdaniordache
Who are we?
The h4ck3rs
Engineering + lack of resources = the hacking culture
#1 Engineers build good tools for engineers
Market disconnection
Does it worth it?
Local product companies
Service oriented companies
40 developers x 8 hours x 22 days x 12 months x 50 USD / hour
Evernote?
#2 Building innovative products for the global web
Look for models
Nordeus, LogMeIn, Bitdefender, Avangate, Prezi, Telerik, Ubervu, 123ContactForm,
Codeanywhere, Mavenhut ….
SaaS or gaming
MVP costs, later monetization?
#3 Evaluate SaaS and gaming first
Tons of learning resources
Stanford, MIT, Harvard
TechCrunch, PandoDaily, TheNextWeb
Tens of blogs
Meet your local community
#4 Connect to your local community & to global knowledge
Money & learning
Early stage money? Ha!
Tens of accelerators
#5 Reach out to accelerators
Building a startup is a learning process
Meet mentors, decrypt message, repeat
Mentors are biased
Mentors are not necessarelly clients
Skin in the game?
#6 Figure out not what mentors are saying, but why
Hope you enjoyed it
Best time to start.
You’ve got no excuse.
Start it now.
Thank you!