digital natives incubation process_2011-11-23_v09
DESCRIPTION
This presentation is about Digital Natives' startup incubation process, what is the investment situation in CEE, how western models (seed/angel, vc) works in the region.TRANSCRIPT
Incubation at Digital Natives
11. 23. 2011.Kristóf Bárdos
What is Digital Natives?
Innovative web and mobile software development company
Agile (XP, Scrum, Kanban) RoR, iOS, Android
Goal of incubation
Ideasbusiness
opportunities
Tools
iterative brainstorming
and scoring
just 3 remain
process
brainstorming
scoring
3 ideas
3 teams
1 2 3
Work in teams Work in teams
team presentations
brainstorming
scoring
3 ideas
3 teams
Working on 1 idea in maximum 3 months
team presentations
brainstorming
scoring
3 ideas
3 teams
Results at the end
Business opportunity
=
Business plan presentation
Prototype
Beyond the incubation
Project
Spin-off company
Financing
Who are they?
Seed investors / Business angels
Seed Angel
Must have Prototype Passion Luck
Prototype / Product Passion Some numbers Luck
For what? Product development Proof of concept Team building
Product development Product / market fit Team building
How much? 1 – 200 k EUR … - 400 k EUR
and they?
Venture Capitals
VC
Must have Product Team Passion 1 market Business plan Exit (3 – 7 years)
For what? Scale up business
How much? 400 k + EUR
Levels of financingSeed Angel VC
Must have Prototype Passion Luck
Prototype / Product Passion Some numbers Luck
Product Team Passion 1 market Business plan Exit (3 – 7 years)
For what? Product developmentProof of concept Team building
Product development Product / market fit Team building
Scale up business
How much? 1 – 200 k EUR … - 400 k EUR 400 k + EUR
? ? !
Our results
Mixgar.com Innovation Tech Show , Budapest (top 21) HackFwd, Berlin(top 12) – seed StartupWeek, Vienna(top 50) - VC Seedcamp, Prague (top 20) - seed Investor Day CEE, Kiev (top 1 ) – VC, angel
Playertise.com EU tender, mindroom
Thank you!
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Digital Natives (.hu)
slideshare.net/DigitalNativesBudapest (itt lesz a prezi)