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Startup Financing introduction for a Product Management course at General Assembly in Melbourne, Australia. A high level snapshot of the startup ecosystem, some lessons learned and a snapshot of the startup financing options available as at October 2014. I cover Startup Stages, Funding Models & Books to get you started.
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@lesliecbarry
Startup Financing
IntroductionGuest Talk, Product Management Course,
Melbourne, Australia30 September 2014
@lesliecbarry www.lesliebarry.com
Leslie Barry
@lesliecbarry
About
Startup Stages
Funding Models
Books
QA
@lesliecbarryAdvisor/Mentor
Worked with 2000 Founders In 32 countries2 Startups Sold
Hackathons
My Entrepreneurial Experience
@lesliecbarry
Startup EcosystemCommunities
Coworking KnowledgeMethodologies
InvestorsAdvisors
Accelerators Incubators
HackathonsEvents
@lesliecbarry
@lesliecbarry
The journey of an idea
Minimum Viable
Product
Traction
Woooohoooooo!
Confusion, Chaos
[Time & Money]
Validation
YAY!
@lesliecbarry
Prototype
The myth
Success
Great Idea!Myth
Traction
Funding
Process,Guidance
Network,Team,Mentor
Reality
@lesliecbarryFunding Options
(Australia)
BootstrapDay 0
0%
GrantsGovernment$10k - $1M
0%
CrowdFunding
Seed<$1M
0%
IncubatorsPre-seed
Network + 20k for ~10%
Convertible Note
Series ADebt for Equity
R & D TaxGovernment Rebate
<$xM0%
FFFSeed Round
< $200k<30%
AngelsSeed Round
<250K15%
VCSeries A<$1M
~20 – 30% (Valuation?)
AcceleratorsPre-seed
Network + 20k for ~10%
@lesliecbarry
Cashflow is king
(burn-rate, runway)
@lesliecbarry
Four Steps to the Epiphany, Steve BlankThe Lean Startup, Eric RiesRunning Lean, Ash MuaryaPirate Metrics Slideshare, Dave McClureVenture Deals, Brad Feld
@lesliecbarry
Contact me here
Linkedin.com/in/LeslieBarry@lesliecbarry
www.lesliebarry.com
Questions?
