startups are born global
TRANSCRIPT
Startups are Born Global
28 May 2015 @ MMBC 2015 by SMCCIShamir Rahim, Founder & CEO
+
=
We are the for Logistics operations.
Customer Relationship Management (CRM)
Logistics Operations Management
.com
TM
CES @ Las Vegas,
Jan 2015
TechCrunch Disrupt
@ San Frans,Sep 2014
ForumSG on Suria, Dec 2014
TechVenture, 2013 & 2014
IDA’s iSTART @ Indonesia,
Sep 2013
EnRC, 2014
Sypher Labs: Strategy Retreat 2014
IDA’s ‘SmartNation: Data Works’,
Oct 2014
InnovFest unbound 2015
Startup ≠ Small Business !!
Startup
Small business
Small business
Most startupslive here
Legit
star
tup
Pivots!
“Startup = Growth”* thought experiment
“FailApp, by the experienced, for the newly FAILED.”FML for Founders + Quora/AMA. Freemium, ad-revenue & data monetization.
*by Paul Graham, YC (Sep 2012)paulgraham.com/growth.html
: 625 million
“Startup = Growth”* thought experiment
*by Paul Graham, YC (Sep 2012)paulgraham.com/growth.html
“FailApp, by the experienced, for the newly FAILED.”
First week: 10 daily active users
After 1 year: 10 * 1.05^52 = 126 usersAfter 2 years: 126 * 1.07^52 = 4,250 usersAfter 3 years: 4.2k * 1.10^52 = 603,000 usersAfter 4 years: 603k * 1.10^52 = 85 million usersAfter 5 years: 85M * 1.10^52 = 12 billion users
: 5.4 million
7 billion people
8 million users1 million rides daily140 million rides in 2014Valuation: $41 Billion
FML for Founders + Quora/AMA. Freemium, ad-revenue & data monetization.
Challenges of globalizing a startup
1) Learning to scale2) Building at scale3) Pivot decisions
1) Learning to scale
2) Building at scale
3) Pivot decisions
Join Startup Communities!
http://common-space-amp.strikingly.com/
