Rami Al-Karmi!

#SWAmman  

Sep  2014  

Lean  Startup  Weekend  

@  

101  

#ZINC  #ZAINCER  

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Feel Free to reach out @alkarmi  

Mentor  &  LP  

Founding  Partner    

Advisor    Entrepreneurship    &  Investment  

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GEMINI  Inside  

Entrepreneur  ?  

Business  Model  Innova@on  

2007  

2008  

                 

Secrets  of  successful  startups  

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Business

Schools teach

OUTDATED Startup

tools

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“Valley of Death”

Research Grants Development Grants (eg SBIR)

Friends, Family, & Founders($5-$50k)

AngelInvestors($50-$500k)

Funding

Early StageVenture Capital($500k-$2M+)

Venture Capital($2M-$50M)

Private Equity,Project Financing($2M-$50M)

IPO, Merger, or Acquisition($2M-$50M)

Stage of Venture Development

Idea Basic Research

Applied Research

Proof ofConcept

Target Market

BusinessPlan

EngineeringPrototypes

SupplierContracts

ProductIntroduction

RevenueGrowth

ProductionPrototypes

DistributionContracts

Working Prototypes

Founding Team

NetCash Flow

➡   >  95%  of  startups  fail  ➡   VCs  fund  1%  of  submiEed    biz  plans  

I  have  some    

U’re  Product  

A  Product  IS  NOT  

is  ?  

U’re    Product  

Business    Model  

Remove  the  fluff  

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Out  of  the  building  !  

GET  

HOW  long  is  your    Runway  ?  

54  Hours  !  

Uberiza@on