the wonderful world of startups - epita innovation week
Post on 15-Sep-2014
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Presentation of the startup world + StartUp42 to EPITA 2016 promoTRANSCRIPT
Journey to the Wonderful World of Startups
EPITA Innovation Week 2013
Daniel Jarjoura - Startup42
58 slides
58 slides
~ 1 hour
58 slides
~ 1 hour
Constant interactions
58 slides
~ 1 hour
Constant interactions
Q&A at your discretion
Ladies and gentlemen, this is your captain speaking
BS Telecommunications
Pre-sales Engineer
Product Manager
Innovation ManagerBusiness Development Director
MS Computer Science
Startups?
Net worth: $19 Billion
Net worth: $19 Billion
What about France?
$600M
$6.8B
What’s a startup?
3 types of startups
Lifestyle Startups
Lifestyle Startups
Work to live their Passion
Lifestyle Startups
Work to live their Passion
Serve know customer
with known product
Lifestyle Startups
Work to live their Passion
Serve know customer
with known product
No Exit potential
Small Business Startups
Small Business Startups
Work to Feed the
family
Small Business Startups
Work to Feed the
family
Serve know customer
with known product
Small Business Startups
Work to Feed the
family
Serve know customer
with known product
Limited Exit potential
99,9% of French companies
Scalable Startups
Scalable Startups
Born to be BIG
Scalable Startups
Born to be BIG
Solution for unknown customer
with unknown features
Scalable Startups
Born to be BIG
Solution for unknown customer
with unknown features
Huge Exit potential
Total Available Market > €300M
Typically needs Venture Capital
Growth Potential > €50M
A startup is a temporary organization used to searchfor a repeatable and scalable business model
Steve Blank - Author, Entrepreneur
Startups are Not small versions of big companies
Startups Big Companies
Startups Big Companies
Search
Startups Big Companies
Search Execute
Startups Big Companies
Search Execute
Metrics
Startups Big Companies
Search Execute
Metrics Accounting
Startups Big Companies
Search Execute
Metrics Accounting
Customer Validation
Startups Big Companies
Search Execute
Metrics Accounting
Customer Validation Sales
Startups Big Companies
Search Execute
Metrics Accounting
Customer Validation Sales
Customer Development
Startups Big Companies
Search Execute
Metrics Accounting
Customer Validation Sales
Customer Development
Product Management
Startups Big Companies
Search Execute
Metrics Accounting
Customer Validation Sales
Customer Development
Product Management
Agile Development
Startups Big Companies
Search Execute
Metrics Accounting
Customer Validation Sales
Customer Development
Product Management
Agile Development
Engineering
Entrepreneurship as a Management Science
Entrepreneurship as a Management Science
E-School instead of B-School
The first business school
1819
1908
First MBA1957
First European MBA
2008
> 100,000 MBAs / year
Business as a Management Science
Business Schools Topics
Business Schools TopicsExecution
Business Schools TopicsExecution
Accounting
Business Schools TopicsExecution
Accounting
Strategy
Business Schools TopicsExecution
Accounting
Strategy
Product Management
Business Schools TopicsExecution
Accounting
Strategy
Product Management
Engineering
Startups Big Companies
Search Execute
Metrics Accounting
Customer Validation Sales
Customer Development
Product Management
Agile Development
Engineering
Startups Big Companies
Search Execute
Metrics Accounting
Customer Validation Sales
Customer Development
Product Management
Agile Development
Engineering
Startups Big Companies
Search Execute
Metrics Accounting
Customer Validation Sales
Customer Development
Product Management
Agile Development
Engineering
Business Schools Focus on Big Company Strategies
Business Schools Limitations?
Business Schools Limitations?Most professors consult for large companies
Business Schools Limitations?Most professors consult for large companies
Most believe startups are small versions of big companies
Business Schools Limitations?Most professors consult for large companies
Most believe startups are small versions of big companies
Most B-school entrepreneurship programs are side-shows
1959
1996
2005
2011
> 100 incubators globally
Incubators a Reaction to the lack of Practical University
Entrepreneurship
Startup Incubators
Startup IncubatorsExperience vs. Theory
Startup IncubatorsExperience vs. Theory
Goal: create a company and jobs
Startup IncubatorsExperience vs. Theory
Goal: create a company and jobs
Curriculum: product development + best practices
StartUp42 is a startup accelerator, aimed at helping early-stage ICT projects develop their first prototype and validate initial assumptions in 4 months
We are a non-profit organization offering acceleration services free of charge to s t a r tups without taking equity
We are supported by EPITA as well as a club of corporate sponsors
We are open to all and look for:Innovative ICT projects solving real-life problems
Teams with at least one technical co-founder
Hacker’s spirit, really ;)
Services offered to our startups
Technology Expertise
Access to the startup ecosystem
Some of our partners
Serendipity Mentorship
Tariq KrimJolicloud
Guillaume RoquesSalesforce.com
Adrien AumontKissKissBankBank
Stéphane CrozatierFacebook
Mattt ThompsonHeroku
Prescillia LeroyAgence PPM
Franck TetzlaffKobojo
Jacques BonifayTransatel
David BizerHackFwd
Alain BuzzacaroFrance Télévisions
Véronique di BenedettoEconocom
Didier TranchierIT Angels
Alexandre MalschMelty
Frédéric PlaisCommerce Guys
Jean-Xtophe OrdonneauMelcion, Chassagne
Ori PekelmanConstellation Matrix
Daniel CoheurMelio, Cibus intl
Marc BrandsmaSchibsted
Rama DivediVerseau
Vincent VergonjeanneKobojo, EVERYDAYiPLAY
Rand HindiSnips
Laurent BaudartSyntec Numérique
Anne-Charlotte RivièreDechert
Olivier LeclercAlcatel-Lucent
Paul Degueuse360 Capital
Christian-François VialaMobileTag, YesProfile
Antonin LéonardOuiShare
Dali KilaniZynga, iFeelgoods
Mathieu LhoumeauContract Live
Wessel KooymanCole Street
Some of our mentors
Ramine DarabihaRovio
Jb LabruneMIT Medialab
Our first batch (StartUp42 v0.1)Collective Thinking develops solutions for governments and enterprises, allowing them to identify and build collective thoughts trends through syntactic analysis and big data algorithms. This solution will enable their customers to analyze and understand these trends.
Dyndrop offers to PHP developers and web agencies a simple and easy way to deploy GitHub projects on the cloud while automating server administration and managing the development workflow.
Mobeye enables companies and brands, to gather and analyze their on-site data in an effective way, by giving incentives to a large community of smartphone users, willing to participate. These users will then be able to make money while collecting data for enterprises.
Modizy is the first online personal shopper for women. Founded in March 2012, Modizy already offers 60,000+ products and 6,000 fashion brands to more than 14,000 active members, 98% of them being women. Like a real personal shopper, Modizy learn its users’ tastes through its intelligent marketplace and help them shop on by giving advice and making suggestions.
MotionLead was founded in 2012 by two EPITA students while in their 2nd year. Their first application, Meme reader (previously 9GAG reader), was downloaded more than 1.6 millions times and is currently used by 600,000+ active users. MotionLead is currently working on revolutionizing mobile advertising
MonPractice.com provides the keys to pinpoint your winning golf moves using sensors located directly on the paddock. No matter what your level is, MonPractice.com is able to provide you real time customized help through your own tablet or a multimedia kiosk.
Ubimix provides a collaborative solution allowing to curate, repurpose and scenarios high-resolution images and to transform them into interactive zoomable ebooks, catalogues, infographics, maps or presentation.
Monpractice.com
motionlead
Our v0.1 Prototype Fiesta
Before After
13 teams pre-selected
7 early-stage projects selected
80% outside applicants
16 motivated founders
+10 new hires
Many awards won
6 incorporated companies
1 fund raising (€250K) and another one on the way
So, what’s in there for you?
You might want to
move to the dark side of
the force
Or maybe still hesitating?
5 myths about working for a startup
5 myths about working for a startup
1/ Smart people work for big companies
5 myths about working for a startup
1/ Smart people work for big companies
5 myths about working for a startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join a startup
5 myths about working for a startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join a startup
5 myths about working for a startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join a startup
3/ You can’t get real learning experience if you work in a startup
5 myths about working for a startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join a startup
3/ You can’t get real learning experience if you work in a startup
5 myths about working for a startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join a startup
3/ You can’t get real learning experience if you work in a startup
4/ Startups don’t pay their employees
5 myths about working for a startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join a startup
3/ You can’t get real learning experience if you work in a startup
4/ Startups don’t pay their employees
5 myths about working for a startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join a startup
3/ You can’t get real learning experience if you work in a startup
4/ Startups don’t pay their employees
5/ The bigger the company you work for, the better your career chances are
5 myths about working for a startup
1/ Smart people work for big companies
2/ Those who can’t get a job elsewehre join a startup
3/ You can’t get real learning experience if you work in a startup
4/ Startups don’t pay their employees
5/ The bigger the company you work for, the better your career chances are
And if you already made your choice...
Startups are changing the world. Don’t miss the train
Thanks so much for listening and let’s stay in touch!
@Startup42_
facebook.com/Startup42
@Djarjoura
linkedin.com/company/startup42
www.startup42.org
slideshare.net/djarjoura