innovation camp 2010 - running up a startup

Innovation Camp 2010

Running up a startup

Stefano Passatordi

*Agenda• About

me• My startup• Ibrii• Ibrii Timeline

• Running up a startup• Prerequisites• Bootstrap• Growth• Exit

Young entrepreneur

BSc Computer Science(2005)

Erasmus (2006-2007)

MSc Computer Science(2008)

Ibrii

*About mePotengeles

*My Startup: Ibrii

6K 8K 80K 95K 110K

115K

*Ibrii Timeline

November

2009

December 2009

April 2010

May 2010

June 2010

July 2010

Ibrii is incorporated and the

first BETA 1 is released

Beta 1

Lorenzo Thione

joined Ibrii Inc.

Lorenzo Thione Beta 2

Partnership with Liquida (?)

AnchrofreedSeed

Ibrii rises a seed round from dSeed

Ibrii Beta-2 is released

Partnership with Anchrofree

Liquida

users

Bootstrap

Exit

Growth

*Running up a startup

*PassionPrerequisite

Prerequisite

*Bravery

*PatiencePrerequisite

Prerequisite

*Problem solving

*MoneyPrerequisite

*Passion..again!Prerequisite

Bootstrap

*Everything starts with you

*IdeaBootstrap

*TeamBootstrap

*IdentityBootstrap

*Hard workBootstrap

*MVP/CDM/LeanBootstrap

*MessageBootstrap

*UsabilityBootstrap

*Free promotionGrowth

*Break

*CompanyGrowth

*PartnershipsGrowth

*Fundings: Why?Growth

*Fundings: How?Growth

*Funding Steps

• Term sheet

• Due diligence

• Investment agreement

Growth

*Pay attentionGrowth

*Exit

*ContactsStefano Passatordi

contact@stefanopassatordi.com

facebook.com/passatordi.stefano

twitter.com/passatordi

it.linkedin.com/in/stefanopassatordi

stefanopassatordi.com

youstartup.blogspot.com

Tel. +39 328 4258178stem83

*Thanks

*Questions