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Startup Springcamp 2012
Per Sahlin
Timo Lehes
2
Accelerator program – lean startup
• Focus on fast moving Internet/software-based startups
• Create a dynamic environment with entrepreneurs, developers, serial entrepreneurs etc
• The challenge is to develop and launch an early ”minimum viable product” to measure customer response
• Launch today and the grand finale is planned to mid June with a demo evening
3
The teams
• Instaphone
•Pax & Liberta
•YouPic
•Matad
•Evisto
•Sparv
•The givers
•Olsson & Zaya
• Iguazu
•Decor
•Metapic
4
Information updates
• Primary source: – ssc2012.wordpress.com/schedule
– Twitter: @sahlinas / #ssc2012
• Secondary:– [email protected]
5
Speakers
• Anders Hallin (Skype, Stardoll, Duego)
• John Sjölander (Contribio, Burt)
• Anders Fredriksson (Tablefinder, Shpare, etc)
• Louise Brudö (AdFreight, Destly)
• David Brud (Smoltek, Destly, Fyndiq etc)
• Alexander Hars (System OK, Let’s Deal)
• Henrik Berglund (Center of Business Innovation)
• Jan Bosch (Nokia Research Center, Intuit, etc)
• Daniel Eliasson (Xwine, Apegroup)
• Jakob Mattsson (Burt)
• Amer Mohammed (Healthy Heroes)
The entrepreneur’s
focus
Identify and build a scaleable business in the shortest possible time
The investor’s focus
Identify people who know how to
$Identify and build a scaleable business in the shortest possible time
What’s the #1 Focus for Startups?
In the past – many entrepreneurs were
DELUSIONAL
• We know what customers want!• We can predict the future!• Advancing a business plan is progress!• If we build one more feature, they will come!• VC money is validation of our idea!
Fortunately entrepreneurs as a species are
EVOLVING
What is best use of our time?
There are adequate tools for Lean Startups!
1. A URL
http://www.x.com
2. A (partial) business model hypothesis
3. Tools for testing assumptions throughmetrics
Lean startup – Build Measure Learn
MVP The base lineCustomers The validationMetrics The Tool
Why Lean Startup benefits investors?
• Increases likelyhood of success by iterating until a scaleable business is found
• Focuses on learning and on tracking specific Startup metrics that are different from traditional company metrics
• Lean Startup does not disqualify the possibility to ”go big”
• Very likely to save time and money for both investors and entrepreneurs
SummerCamp 2011@Chalmers Innovation http://ssc2011.wordpress.com/
• Entrepreneurs to work with other entrepreneurs on their idea
• Focus on sociala media, Internet SW, Apps
• Max 10 projects - no cost for entrepreneurs
• Run from mid june to mid august 2011
• One of you has to know how to write code
• Based on Lean Startup, Cust Dev, Iterative Development
• 2 Case studies + we meet to share experiences
• Track Record 6 projects – 1 bailed, 2 got funding
12
Thank You!
[email protected]@timolehes
14
The office
• You only need at ”tag” if you will arrive after 5 PM
• The room is accessible 24/7
• Don’t leave your stuff – it’s unlocked
• ”Open office” – use an available seat