SlideShare ist ein Scribd-Unternehmen logo
1 von 28
Speed As  THE  Primary Business Strategy Mike Cassidy
Speed Brings Great Advantages ,[object Object],[object Object],[object Object],[object Object],June 3, 2009 Confidential and Proprietary
Typical Start-up Timeline? June 3, 2009 Confidential and Proprietary Explore ideas 3 months? Raise money 3 months? Hire core team &  open office 2-3 months? Build product 12 months? Initial marketing / awareness-building / early customers 3-6 months? “ Launched” = 23-27 months?
Lightning Speed Start-up Timeline June 3, 2009 Confidential and Proprietary Explore ideas 2 wks Raise money 1 day  Hire core team &  open office 2 wks Build product 3 months “ Launched” = 4 months
Example 1: Stylus Innovation ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],June 3, 2009 Confidential and Proprietary Sold 2 years after launch for $13M (10,000x founders investment)
Example 2: Direct Hit ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],June 3, 2009 Confidential and Proprietary Sold 500 days after launch for $500 million
Example 3: Xfire ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],June 3, 2009 Confidential and Proprietary Sold just over 2 years after launch for $110 million
Speeding Up All Parts of Startup ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],June 3, 2009 Confidential and Proprietary
[object Object],June 3, 2009 Confidential and Proprietary
Speed and Capital ,[object Object],[object Object],[object Object],June 3, 2009 Confidential and Proprietary Biz school: Single, consistent strategy; not  “ lowest cost and best customer service,” etc.
Raising VC Money Quickly ,[object Object],June 3, 2009 Confidential and Proprietary
Four Keys to Raising VC Money Quickly ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],June 3, 2009 Confidential and Proprietary
[object Object],June 3, 2009 Confidential and Proprietary
Every Day, Every Hour, Every Minute Counts June 3, 2009 Confidential and Proprietary 4/21 8:15am pitch DFJ; 4:30pm get term sheet; dev team gives notice at current jobs 4/22 Fly back to Boston 4/23 Negotiate lease on office space; order Dell computers 4/24 Order network software, phone system, office alarm system, DSL, office LAN/phone wiring 4/27 Incorporate, set up bank account, Paychex, desks/chairs 4/28 Source control software, property insurance 4/29 Hardware arrives, set it up 4/30 Set up LAN, phones, desks 5/4 Open office, first day team has been hired, have C++, email, PC, LAN, payroll, etc. (13 days after term sheet received)
[object Object],June 3, 2009 Confidential and Proprietary
Think Speed in Everything You Do  ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],June 3, 2009 Confidential and Proprietary
[object Object],June 3, 2009 Confidential and Proprietary
Speed Starts the First Day a New Hire Arrives ,[object Object],June 3, 2009 Confidential and Proprietary
Speed Starts the First Day a New Hire Arrives ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],June 3, 2009 Confidential and Proprietary Set tone for speed
[object Object],June 3, 2009 Confidential and Proprietary
Which Is Faster? ,[object Object],[object Object],[object Object],June 3, 2009 Confidential and Proprietary
Journey of a Thousand Miles Begins with a Single Step ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],June 3, 2009 Confidential and Proprietary
[object Object],June 3, 2009 Confidential and Proprietary
Biz Dev Deals – Fast or Never ,[object Object],[object Object],[object Object],[object Object],June 3, 2009 Confidential and Proprietary
[object Object],June 3, 2009 Confidential and Proprietary
Fastest Way To Get the Word Out? ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],June 3, 2009 Confidential and Proprietary
[object Object],June 3, 2009 Confidential and Proprietary
If Something Is Broken, Fix It - Immediately ,[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],[object Object],June 3, 2009 Confidential and Proprietary

Weitere ähnliche Inhalte

Was ist angesagt?

Startup Metrics for Pirates
Startup Metrics for PiratesStartup Metrics for Pirates
Startup Metrics for PiratesDave McClure
 
Mattermark 2nd (Final) Series A Deck
Mattermark 2nd (Final) Series A DeckMattermark 2nd (Final) Series A Deck
Mattermark 2nd (Final) Series A DeckDanielle Morrill
 
The Deck We Used to Raise $1M Seed Round
The Deck We Used to Raise $1M Seed RoundThe Deck We Used to Raise $1M Seed Round
The Deck We Used to Raise $1M Seed RoundBen Lang
 
Kickfolio - 500Startups Batch 5
Kickfolio - 500Startups Batch 5Kickfolio - 500Startups Batch 5
Kickfolio - 500Startups Batch 5500 Startups
 
Manpacks Pitch Deck
Manpacks Pitch DeckManpacks Pitch Deck
Manpacks Pitch Deckstartuphome
 
Quora Pitch Deck
Quora Pitch DeckQuora Pitch Deck
Quora Pitch Deckstartuphome
 
Pendo Series B Investor Deck External
Pendo Series B Investor Deck ExternalPendo Series B Investor Deck External
Pendo Series B Investor Deck ExternalTodd Olson
 
How to make an investor pitch deck that really works
How to make an investor pitch deck that really worksHow to make an investor pitch deck that really works
How to make an investor pitch deck that really worksDeck Rooster
 
Hack fund pitch deck
Hack fund pitch deckHack fund pitch deck
Hack fund pitch deckRenata George
 
Pillar pitch deck
Pillar pitch deckPillar pitch deck
Pillar pitch deckPitch Decks
 
Launchrock Pitch Deck
Launchrock Pitch DeckLaunchrock Pitch Deck
Launchrock Pitch Deckstartuphome
 
Optimize Your Funnel By Getting Inside Your Buyer's Head
Optimize Your Funnel By Getting Inside Your Buyer's HeadOptimize Your Funnel By Getting Inside Your Buyer's Head
Optimize Your Funnel By Getting Inside Your Buyer's HeadDavid Skok
 
AppVirality.com - Investor Pitch Deck
AppVirality.com - Investor Pitch DeckAppVirality.com - Investor Pitch Deck
AppVirality.com - Investor Pitch DeckLaxman Papineni
 
Notation: Pre-seed Investing & Risk
Notation: Pre-seed Investing & RiskNotation: Pre-seed Investing & Risk
Notation: Pre-seed Investing & RiskNotation Capital
 
Dwolla Startup Pitch Deck
Dwolla Startup Pitch DeckDwolla Startup Pitch Deck
Dwolla Startup Pitch DeckJoseph Hsieh
 
Y Combinator Pitch Deck designed by Zlides
Y Combinator Pitch Deck designed by ZlidesY Combinator Pitch Deck designed by Zlides
Y Combinator Pitch Deck designed by ZlidesZlides
 
Contently Pitch Deck
Contently Pitch DeckContently Pitch Deck
Contently Pitch DeckRyan Gum
 

Was ist angesagt? (20)

Startup Metrics for Pirates
Startup Metrics for PiratesStartup Metrics for Pirates
Startup Metrics for Pirates
 
Mattermark 2nd (Final) Series A Deck
Mattermark 2nd (Final) Series A DeckMattermark 2nd (Final) Series A Deck
Mattermark 2nd (Final) Series A Deck
 
Manpacks
ManpacksManpacks
Manpacks
 
The Deck We Used to Raise $1M Seed Round
The Deck We Used to Raise $1M Seed RoundThe Deck We Used to Raise $1M Seed Round
The Deck We Used to Raise $1M Seed Round
 
Ooomf (Crew) Pitch Deck
Ooomf (Crew) Pitch DeckOoomf (Crew) Pitch Deck
Ooomf (Crew) Pitch Deck
 
Front Series B Deck
Front Series B DeckFront Series B Deck
Front Series B Deck
 
Kickfolio - 500Startups Batch 5
Kickfolio - 500Startups Batch 5Kickfolio - 500Startups Batch 5
Kickfolio - 500Startups Batch 5
 
Manpacks Pitch Deck
Manpacks Pitch DeckManpacks Pitch Deck
Manpacks Pitch Deck
 
Quora Pitch Deck
Quora Pitch DeckQuora Pitch Deck
Quora Pitch Deck
 
Pendo Series B Investor Deck External
Pendo Series B Investor Deck ExternalPendo Series B Investor Deck External
Pendo Series B Investor Deck External
 
How to make an investor pitch deck that really works
How to make an investor pitch deck that really worksHow to make an investor pitch deck that really works
How to make an investor pitch deck that really works
 
Hack fund pitch deck
Hack fund pitch deckHack fund pitch deck
Hack fund pitch deck
 
Pillar pitch deck
Pillar pitch deckPillar pitch deck
Pillar pitch deck
 
Launchrock Pitch Deck
Launchrock Pitch DeckLaunchrock Pitch Deck
Launchrock Pitch Deck
 
Optimize Your Funnel By Getting Inside Your Buyer's Head
Optimize Your Funnel By Getting Inside Your Buyer's HeadOptimize Your Funnel By Getting Inside Your Buyer's Head
Optimize Your Funnel By Getting Inside Your Buyer's Head
 
AppVirality.com - Investor Pitch Deck
AppVirality.com - Investor Pitch DeckAppVirality.com - Investor Pitch Deck
AppVirality.com - Investor Pitch Deck
 
Notation: Pre-seed Investing & Risk
Notation: Pre-seed Investing & RiskNotation: Pre-seed Investing & Risk
Notation: Pre-seed Investing & Risk
 
Dwolla Startup Pitch Deck
Dwolla Startup Pitch DeckDwolla Startup Pitch Deck
Dwolla Startup Pitch Deck
 
Y Combinator Pitch Deck designed by Zlides
Y Combinator Pitch Deck designed by ZlidesY Combinator Pitch Deck designed by Zlides
Y Combinator Pitch Deck designed by Zlides
 
Contently Pitch Deck
Contently Pitch DeckContently Pitch Deck
Contently Pitch Deck
 

Ähnlich wie Best Strategy Is Speed (Startup2Startup May 2008)

[TEC event] 'Start-up King' Mike Cassidy: How to build 4 successful companies...
[TEC event] 'Start-up King' Mike Cassidy: How to build 4 successful companies...[TEC event] 'Start-up King' Mike Cassidy: How to build 4 successful companies...
[TEC event] 'Start-up King' Mike Cassidy: How to build 4 successful companies...Stas Khirman
 
Des Traynor on how to create a product first company
Des Traynor on how to create a product first companyDes Traynor on how to create a product first company
Des Traynor on how to create a product first companyIntercom
 
Build A Brand To Grow Your Business - Crystal Peterson, .CO
Build A Brand To Grow Your Business - Crystal Peterson, .COBuild A Brand To Grow Your Business - Crystal Peterson, .CO
Build A Brand To Grow Your Business - Crystal Peterson, .COResellerClub
 
Five Habits of Highly Successful SaaS/Cloud Businesses
Five Habits of Highly Successful SaaS/Cloud BusinessesFive Habits of Highly Successful SaaS/Cloud Businesses
Five Habits of Highly Successful SaaS/Cloud BusinessesTim Barker
 
Top 10 Marketing Predictions Final
Top 10 Marketing Predictions FinalTop 10 Marketing Predictions Final
Top 10 Marketing Predictions FinalHoward Greenstein
 
PTE Sample Essays.Pdf
PTE Sample Essays.PdfPTE Sample Essays.Pdf
PTE Sample Essays.PdfEmily Smith
 
Web 2010 – Ten Trends Defining Your Future
Web 2010 – Ten Trends Defining Your FutureWeb 2010 – Ten Trends Defining Your Future
Web 2010 – Ten Trends Defining Your FutureAffiliate Summit
 
Monitoring Trends on social media: Twitter, Blogs, and Google Insights
Monitoring Trends on social media: Twitter, Blogs, and Google InsightsMonitoring Trends on social media: Twitter, Blogs, and Google Insights
Monitoring Trends on social media: Twitter, Blogs, and Google InsightsMatthew J. Kushin, Ph.D.
 
IBM Social Business for ISVs 2013
IBM Social Business for ISVs 2013IBM Social Business for ISVs 2013
IBM Social Business for ISVs 2013Flávio Mendes
 
Stephen Allott Growing Profitable Businesses in the Second Machine Age BoS2016
Stephen Allott Growing Profitable Businesses in the Second Machine Age BoS2016Stephen Allott Growing Profitable Businesses in the Second Machine Age BoS2016
Stephen Allott Growing Profitable Businesses in the Second Machine Age BoS2016Business of Software Conference
 
A/B Testing for Everyone
A/B Testing for EveryoneA/B Testing for Everyone
A/B Testing for EveryonePavel Dmitriev
 
Directv: Gravity Summit Stanford
Directv: Gravity Summit StanfordDirectv: Gravity Summit Stanford
Directv: Gravity Summit StanfordGravity Summit
 
The Science Of Sports - Matignon - 2009
The Science Of Sports - Matignon - 2009The Science Of Sports - Matignon - 2009
The Science Of Sports - Matignon - 2009Carole-Ann Matignon
 
ALPMA - Craig Rispin's Keynote & Workshop 18 Oct 2013
ALPMA - Craig Rispin's Keynote & Workshop 18 Oct 2013ALPMA - Craig Rispin's Keynote & Workshop 18 Oct 2013
ALPMA - Craig Rispin's Keynote & Workshop 18 Oct 2013Craig Rispin
 
How To Make Lots Of Strangers Love You In 30 Minutes
How To Make Lots Of Strangers Love You In 30 MinutesHow To Make Lots Of Strangers Love You In 30 Minutes
How To Make Lots Of Strangers Love You In 30 MinutesBrainMuffin
 
Social Media Convergence - The ARF/Adweek 2009
Social Media Convergence - The ARF/Adweek 2009Social Media Convergence - The ARF/Adweek 2009
Social Media Convergence - The ARF/Adweek 2009Lynne d Johnson
 
IBM and social engagement, for Dansk Industri March 4th 2010
IBM and social engagement, for Dansk Industri March 4th 2010IBM and social engagement, for Dansk Industri March 4th 2010
IBM and social engagement, for Dansk Industri March 4th 2010Christian Carlsson
 

Ähnlich wie Best Strategy Is Speed (Startup2Startup May 2008) (20)

[TEC event] 'Start-up King' Mike Cassidy: How to build 4 successful companies...
[TEC event] 'Start-up King' Mike Cassidy: How to build 4 successful companies...[TEC event] 'Start-up King' Mike Cassidy: How to build 4 successful companies...
[TEC event] 'Start-up King' Mike Cassidy: How to build 4 successful companies...
 
Des Traynor on how to create a product first company
Des Traynor on how to create a product first companyDes Traynor on how to create a product first company
Des Traynor on how to create a product first company
 
AICP Meeting
AICP MeetingAICP Meeting
AICP Meeting
 
Build A Brand To Grow Your Business - Crystal Peterson, .CO
Build A Brand To Grow Your Business - Crystal Peterson, .COBuild A Brand To Grow Your Business - Crystal Peterson, .CO
Build A Brand To Grow Your Business - Crystal Peterson, .CO
 
Tim Barker - Five Tips for Guaranteed SaaS Success
Tim Barker - Five Tips for Guaranteed SaaS SuccessTim Barker - Five Tips for Guaranteed SaaS Success
Tim Barker - Five Tips for Guaranteed SaaS Success
 
Five Habits of Highly Successful SaaS/Cloud Businesses
Five Habits of Highly Successful SaaS/Cloud BusinessesFive Habits of Highly Successful SaaS/Cloud Businesses
Five Habits of Highly Successful SaaS/Cloud Businesses
 
Top 10 Marketing Predictions Final
Top 10 Marketing Predictions FinalTop 10 Marketing Predictions Final
Top 10 Marketing Predictions Final
 
PTE Sample Essays.Pdf
PTE Sample Essays.PdfPTE Sample Essays.Pdf
PTE Sample Essays.Pdf
 
Web 2010 – Ten Trends Defining Your Future
Web 2010 – Ten Trends Defining Your FutureWeb 2010 – Ten Trends Defining Your Future
Web 2010 – Ten Trends Defining Your Future
 
Monitoring Trends on social media: Twitter, Blogs, and Google Insights
Monitoring Trends on social media: Twitter, Blogs, and Google InsightsMonitoring Trends on social media: Twitter, Blogs, and Google Insights
Monitoring Trends on social media: Twitter, Blogs, and Google Insights
 
IBM Social Business for ISVs 2013
IBM Social Business for ISVs 2013IBM Social Business for ISVs 2013
IBM Social Business for ISVs 2013
 
Stephen Allott Growing Profitable Businesses in the Second Machine Age BoS2016
Stephen Allott Growing Profitable Businesses in the Second Machine Age BoS2016Stephen Allott Growing Profitable Businesses in the Second Machine Age BoS2016
Stephen Allott Growing Profitable Businesses in the Second Machine Age BoS2016
 
A/B Testing for Everyone
A/B Testing for EveryoneA/B Testing for Everyone
A/B Testing for Everyone
 
Directv: Gravity Summit Stanford
Directv: Gravity Summit StanfordDirectv: Gravity Summit Stanford
Directv: Gravity Summit Stanford
 
4. pitch deck
4. pitch deck4. pitch deck
4. pitch deck
 
The Science Of Sports - Matignon - 2009
The Science Of Sports - Matignon - 2009The Science Of Sports - Matignon - 2009
The Science Of Sports - Matignon - 2009
 
ALPMA - Craig Rispin's Keynote & Workshop 18 Oct 2013
ALPMA - Craig Rispin's Keynote & Workshop 18 Oct 2013ALPMA - Craig Rispin's Keynote & Workshop 18 Oct 2013
ALPMA - Craig Rispin's Keynote & Workshop 18 Oct 2013
 
How To Make Lots Of Strangers Love You In 30 Minutes
How To Make Lots Of Strangers Love You In 30 MinutesHow To Make Lots Of Strangers Love You In 30 Minutes
How To Make Lots Of Strangers Love You In 30 Minutes
 
Social Media Convergence - The ARF/Adweek 2009
Social Media Convergence - The ARF/Adweek 2009Social Media Convergence - The ARF/Adweek 2009
Social Media Convergence - The ARF/Adweek 2009
 
IBM and social engagement, for Dansk Industri March 4th 2010
IBM and social engagement, for Dansk Industri March 4th 2010IBM and social engagement, for Dansk Industri March 4th 2010
IBM and social engagement, for Dansk Industri March 4th 2010
 

Mehr von Dave McClure

How to VC: Creating a VC fund portfolio model
How to VC: Creating a VC fund portfolio modelHow to VC: Creating a VC fund portfolio model
How to VC: Creating a VC fund portfolio modelDave McClure
 
The Helpful VC (June 2019)
The Helpful VC (June 2019)The Helpful VC (June 2019)
The Helpful VC (June 2019)Dave McClure
 
Skip the J-Curve: An Intro to Venture Capital Secondary
Skip the J-Curve: An Intro to Venture Capital SecondarySkip the J-Curve: An Intro to Venture Capital Secondary
Skip the J-Curve: An Intro to Venture Capital SecondaryDave McClure
 
Tech and Venture Capital in the Time of Corona
Tech and Venture Capital in the Time of Corona Tech and Venture Capital in the Time of Corona
Tech and Venture Capital in the Time of Corona Dave McClure
 
Bringing Silicon Valley to LatAm: Startup Ecosystems & Investment
 Bringing Silicon Valley to LatAm: Startup Ecosystems & Investment Bringing Silicon Valley to LatAm: Startup Ecosystems & Investment
Bringing Silicon Valley to LatAm: Startup Ecosystems & InvestmentDave McClure
 
Building #500STRONG
Building #500STRONGBuilding #500STRONG
Building #500STRONGDave McClure
 
Take a Walk on the Dark Side: Branding for Startups & Sith Lords
Take a Walk on the Dark Side: Branding for Startups & Sith LordsTake a Walk on the Dark Side: Branding for Startups & Sith Lords
Take a Walk on the Dark Side: Branding for Startups & Sith LordsDave McClure
 
Startup & VC Tech Trends
Startup & VC Tech Trends Startup & VC Tech Trends
Startup & VC Tech Trends Dave McClure
 
Farming Unicorns: Building Startup & Investor Ecosystems for Emerging Markets
Farming Unicorns: Building Startup & Investor Ecosystems for Emerging MarketsFarming Unicorns: Building Startup & Investor Ecosystems for Emerging Markets
Farming Unicorns: Building Startup & Investor Ecosystems for Emerging MarketsDave McClure
 
Farming Unicorns in Emerging Markets (Dubai, Oct 2016) #Gitex
Farming Unicorns in Emerging Markets (Dubai, Oct 2016) #GitexFarming Unicorns in Emerging Markets (Dubai, Oct 2016) #Gitex
Farming Unicorns in Emerging Markets (Dubai, Oct 2016) #GitexDave McClure
 
The Unicorn Hedge: Why Are Corporations Buying Unicorns? (Madrid, Oct 2016)
The Unicorn Hedge: Why Are Corporations Buying Unicorns? (Madrid, Oct 2016)The Unicorn Hedge: Why Are Corporations Buying Unicorns? (Madrid, Oct 2016)
The Unicorn Hedge: Why Are Corporations Buying Unicorns? (Madrid, Oct 2016)Dave McClure
 
Farming Unicorns: Building Startup & Investor Ecosystems
Farming Unicorns: Building Startup & Investor EcosystemsFarming Unicorns: Building Startup & Investor Ecosystems
Farming Unicorns: Building Startup & Investor EcosystemsDave McClure
 
500 Startups #Batch17 #DemoDay: "Beauty and the GEEK"
500 Startups #Batch17 #DemoDay: "Beauty and the GEEK"500 Startups #Batch17 #DemoDay: "Beauty and the GEEK"
500 Startups #Batch17 #DemoDay: "Beauty and the GEEK"Dave McClure
 
Farming Unicorns: Building Startup & Investor Ecosystems (Stanford, June 2016)
Farming Unicorns: Building Startup & Investor Ecosystems (Stanford, June 2016)Farming Unicorns: Building Startup & Investor Ecosystems (Stanford, June 2016)
Farming Unicorns: Building Startup & Investor Ecosystems (Stanford, June 2016)Dave McClure
 
Dinosaurs vs Unicorns aka "Bubble My Ass, All Dinosaurs Gonna Die" (London, J...
Dinosaurs vs Unicorns aka "Bubble My Ass, All Dinosaurs Gonna Die" (London, J...Dinosaurs vs Unicorns aka "Bubble My Ass, All Dinosaurs Gonna Die" (London, J...
Dinosaurs vs Unicorns aka "Bubble My Ass, All Dinosaurs Gonna Die" (London, J...Dave McClure
 
Farming Unicorns: Building Startup & Investor Ecosystems (Madrid, June 2016)
Farming Unicorns: Building Startup & Investor Ecosystems (Madrid, June 2016)Farming Unicorns: Building Startup & Investor Ecosystems (Madrid, June 2016)
Farming Unicorns: Building Startup & Investor Ecosystems (Madrid, June 2016)Dave McClure
 
Farming Unicorns: Building Startup & Investor Ecosystems (Dublin, June 2016)
Farming Unicorns: Building Startup & Investor Ecosystems (Dublin, June 2016)Farming Unicorns: Building Startup & Investor Ecosystems (Dublin, June 2016)
Farming Unicorns: Building Startup & Investor Ecosystems (Dublin, June 2016)Dave McClure
 
500 Startups / Batch 16 Demo Day (Q1/2016 update)
500 Startups / Batch 16 Demo Day (Q1/2016 update)500 Startups / Batch 16 Demo Day (Q1/2016 update)
500 Startups / Batch 16 Demo Day (Q1/2016 update)Dave McClure
 
Startup Metrics for Pirates (FounderX, May 2016)
Startup Metrics for Pirates (FounderX, May 2016)Startup Metrics for Pirates (FounderX, May 2016)
Startup Metrics for Pirates (FounderX, May 2016)Dave McClure
 

Mehr von Dave McClure (20)

How to VC: Creating a VC fund portfolio model
How to VC: Creating a VC fund portfolio modelHow to VC: Creating a VC fund portfolio model
How to VC: Creating a VC fund portfolio model
 
The Helpful VC (June 2019)
The Helpful VC (June 2019)The Helpful VC (June 2019)
The Helpful VC (June 2019)
 
Skip the J-Curve: An Intro to Venture Capital Secondary
Skip the J-Curve: An Intro to Venture Capital SecondarySkip the J-Curve: An Intro to Venture Capital Secondary
Skip the J-Curve: An Intro to Venture Capital Secondary
 
Tech and Venture Capital in the Time of Corona
Tech and Venture Capital in the Time of Corona Tech and Venture Capital in the Time of Corona
Tech and Venture Capital in the Time of Corona
 
The Helpful VC
The Helpful VC The Helpful VC
The Helpful VC
 
Bringing Silicon Valley to LatAm: Startup Ecosystems & Investment
 Bringing Silicon Valley to LatAm: Startup Ecosystems & Investment Bringing Silicon Valley to LatAm: Startup Ecosystems & Investment
Bringing Silicon Valley to LatAm: Startup Ecosystems & Investment
 
Building #500STRONG
Building #500STRONGBuilding #500STRONG
Building #500STRONG
 
Take a Walk on the Dark Side: Branding for Startups & Sith Lords
Take a Walk on the Dark Side: Branding for Startups & Sith LordsTake a Walk on the Dark Side: Branding for Startups & Sith Lords
Take a Walk on the Dark Side: Branding for Startups & Sith Lords
 
Startup & VC Tech Trends
Startup & VC Tech Trends Startup & VC Tech Trends
Startup & VC Tech Trends
 
Farming Unicorns: Building Startup & Investor Ecosystems for Emerging Markets
Farming Unicorns: Building Startup & Investor Ecosystems for Emerging MarketsFarming Unicorns: Building Startup & Investor Ecosystems for Emerging Markets
Farming Unicorns: Building Startup & Investor Ecosystems for Emerging Markets
 
Farming Unicorns in Emerging Markets (Dubai, Oct 2016) #Gitex
Farming Unicorns in Emerging Markets (Dubai, Oct 2016) #GitexFarming Unicorns in Emerging Markets (Dubai, Oct 2016) #Gitex
Farming Unicorns in Emerging Markets (Dubai, Oct 2016) #Gitex
 
The Unicorn Hedge: Why Are Corporations Buying Unicorns? (Madrid, Oct 2016)
The Unicorn Hedge: Why Are Corporations Buying Unicorns? (Madrid, Oct 2016)The Unicorn Hedge: Why Are Corporations Buying Unicorns? (Madrid, Oct 2016)
The Unicorn Hedge: Why Are Corporations Buying Unicorns? (Madrid, Oct 2016)
 
Farming Unicorns: Building Startup & Investor Ecosystems
Farming Unicorns: Building Startup & Investor EcosystemsFarming Unicorns: Building Startup & Investor Ecosystems
Farming Unicorns: Building Startup & Investor Ecosystems
 
500 Startups #Batch17 #DemoDay: "Beauty and the GEEK"
500 Startups #Batch17 #DemoDay: "Beauty and the GEEK"500 Startups #Batch17 #DemoDay: "Beauty and the GEEK"
500 Startups #Batch17 #DemoDay: "Beauty and the GEEK"
 
Farming Unicorns: Building Startup & Investor Ecosystems (Stanford, June 2016)
Farming Unicorns: Building Startup & Investor Ecosystems (Stanford, June 2016)Farming Unicorns: Building Startup & Investor Ecosystems (Stanford, June 2016)
Farming Unicorns: Building Startup & Investor Ecosystems (Stanford, June 2016)
 
Dinosaurs vs Unicorns aka "Bubble My Ass, All Dinosaurs Gonna Die" (London, J...
Dinosaurs vs Unicorns aka "Bubble My Ass, All Dinosaurs Gonna Die" (London, J...Dinosaurs vs Unicorns aka "Bubble My Ass, All Dinosaurs Gonna Die" (London, J...
Dinosaurs vs Unicorns aka "Bubble My Ass, All Dinosaurs Gonna Die" (London, J...
 
Farming Unicorns: Building Startup & Investor Ecosystems (Madrid, June 2016)
Farming Unicorns: Building Startup & Investor Ecosystems (Madrid, June 2016)Farming Unicorns: Building Startup & Investor Ecosystems (Madrid, June 2016)
Farming Unicorns: Building Startup & Investor Ecosystems (Madrid, June 2016)
 
Farming Unicorns: Building Startup & Investor Ecosystems (Dublin, June 2016)
Farming Unicorns: Building Startup & Investor Ecosystems (Dublin, June 2016)Farming Unicorns: Building Startup & Investor Ecosystems (Dublin, June 2016)
Farming Unicorns: Building Startup & Investor Ecosystems (Dublin, June 2016)
 
500 Startups / Batch 16 Demo Day (Q1/2016 update)
500 Startups / Batch 16 Demo Day (Q1/2016 update)500 Startups / Batch 16 Demo Day (Q1/2016 update)
500 Startups / Batch 16 Demo Day (Q1/2016 update)
 
Startup Metrics for Pirates (FounderX, May 2016)
Startup Metrics for Pirates (FounderX, May 2016)Startup Metrics for Pirates (FounderX, May 2016)
Startup Metrics for Pirates (FounderX, May 2016)
 

Kürzlich hochgeladen

What Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AIWhat Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AI360factors
 
2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation2024.03 Strategic Resources Presentation
2024.03 Strategic Resources PresentationAdnet Communications
 
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Matthews Bantsijang
 
The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?Stephen Perrenod
 
The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...Antonis Zairis
 
Buy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptxBuy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptxPrecize Formely Leadoff
 
Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Commonwealth
 
Work and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingWork and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingHenry Tapper
 
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismTaipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismBrian Lin
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxsonamyadav7097
 
Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Guillaume Ⓥ Sarlat
 
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.KumarJayaraman3
 
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an EntrepreneurIntroduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an Entrepreneurabcisahunter
 
Stock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdfStock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdfMichael Silva
 
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfLundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfAdnet Communications
 
India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023SkillCircle
 
20240314 Calibre March 2024 Investor Presentation (FINAL).pdf
20240314 Calibre March 2024 Investor Presentation (FINAL).pdf20240314 Calibre March 2024 Investor Presentation (FINAL).pdf
20240314 Calibre March 2024 Investor Presentation (FINAL).pdfAdnet Communications
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.Arifa Saeed
 

Kürzlich hochgeladen (20)

What Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AIWhat Key Factors Should Risk Officers Consider When Using Generative AI
What Key Factors Should Risk Officers Consider When Using Generative AI
 
2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation2024.03 Strategic Resources Presentation
2024.03 Strategic Resources Presentation
 
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
Remembering my Totem _Unity is Strength_ growing in Bophuthatswana_Matthews B...
 
The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?The Power Laws of Bitcoin: How can an S-curve be a power law?
The Power Laws of Bitcoin: How can an S-curve be a power law?
 
The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...The unequal battle of inflation and the appropriate sustainable solution | Eu...
The unequal battle of inflation and the appropriate sustainable solution | Eu...
 
Buy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptxBuy and Sell Urban Tots unlisted shares.pptx
Buy and Sell Urban Tots unlisted shares.pptx
 
Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]Monthly Market Risk Update: March 2024 [SlideShare]
Monthly Market Risk Update: March 2024 [SlideShare]
 
Work and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB fundingWork and Pensions report into UK corporate DB funding
Work and Pensions report into UK corporate DB funding
 
Monthly Economic Monitoring of Ukraine No.230, March 2024
Monthly Economic Monitoring of Ukraine No.230, March 2024Monthly Economic Monitoring of Ukraine No.230, March 2024
Monthly Economic Monitoring of Ukraine No.230, March 2024
 
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for TourismTaipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
Taipei, A Hidden Jewel in East Asia - PR Strategy for Tourism
 
LIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptxLIC PRIVATISATION its a bane or boon.pptx
LIC PRIVATISATION its a bane or boon.pptx
 
Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024Sarlat Advisory - Corporate Brochure - 2024
Sarlat Advisory - Corporate Brochure - 2024
 
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
ACCOUNTING FOR BUSINESS.II DEPARTMENTAL ACCOUNTS.
 
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an EntrepreneurIntroduction to Entrepreneurship and Characteristics of an Entrepreneur
Introduction to Entrepreneurship and Characteristics of an Entrepreneur
 
Stock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdfStock Market Brief Deck for 3/22/2024.pdf
Stock Market Brief Deck for 3/22/2024.pdf
 
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdfLundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
Lundin Gold March 2024 Corporate Presentation - PDAC v1.pdf
 
India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023India Economic Survey Complete for the year of 2022 to 2023
India Economic Survey Complete for the year of 2022 to 2023
 
20240314 Calibre March 2024 Investor Presentation (FINAL).pdf
20240314 Calibre March 2024 Investor Presentation (FINAL).pdf20240314 Calibre March 2024 Investor Presentation (FINAL).pdf
20240314 Calibre March 2024 Investor Presentation (FINAL).pdf
 
MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.MARKET FAILURE SITUATION IN THE ECONOMY.
MARKET FAILURE SITUATION IN THE ECONOMY.
 
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
New Monthly Enterprises Survey. Issue 21. (01.2024) Ukrainian Business in War...
 

Best Strategy Is Speed (Startup2Startup May 2008)

  • 1. Speed As THE Primary Business Strategy Mike Cassidy
  • 2.
  • 3. Typical Start-up Timeline? June 3, 2009 Confidential and Proprietary Explore ideas 3 months? Raise money 3 months? Hire core team & open office 2-3 months? Build product 12 months? Initial marketing / awareness-building / early customers 3-6 months? “ Launched” = 23-27 months?
  • 4. Lightning Speed Start-up Timeline June 3, 2009 Confidential and Proprietary Explore ideas 2 wks Raise money 1 day Hire core team & open office 2 wks Build product 3 months “ Launched” = 4 months
  • 5.
  • 6.
  • 7.
  • 8.
  • 9.
  • 10.
  • 11.
  • 12.
  • 13.
  • 14. Every Day, Every Hour, Every Minute Counts June 3, 2009 Confidential and Proprietary 4/21 8:15am pitch DFJ; 4:30pm get term sheet; dev team gives notice at current jobs 4/22 Fly back to Boston 4/23 Negotiate lease on office space; order Dell computers 4/24 Order network software, phone system, office alarm system, DSL, office LAN/phone wiring 4/27 Incorporate, set up bank account, Paychex, desks/chairs 4/28 Source control software, property insurance 4/29 Hardware arrives, set it up 4/30 Set up LAN, phones, desks 5/4 Open office, first day team has been hired, have C++, email, PC, LAN, payroll, etc. (13 days after term sheet received)
  • 15.
  • 16.
  • 17.
  • 18.
  • 19.
  • 20.
  • 21.
  • 22.
  • 23.
  • 24.
  • 25.
  • 26.
  • 27.
  • 28.