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Building startup ecosystems
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Building startup ecosystems

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Before even attempting to build an accelerator we should build the right ecosystem to sustain it!

Before even attempting to build an accelerator we should build the right ecosystem to sustain it!

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  • 1. Forget acceleratorsBuild the local startup ecosystem Alex Barrera (@abarrera) Riga, September 2012
  • 2. http://www.slideshare.net/press42 @abarrera #ecosystems
  • 3. What is an accelerator? http://www.slideshare.net/press42 @abarrera #ecosystems
  • 4. Standardized investment termshttp://www.slideshare.net/press42 @abarrera #ecosystems
  • 5. Standardized investment termsTime-limited program http://www.slideshare.net/press42 @abarrera #ecosystems
  • 6. Standardized investment terms Time-limited programSynchronous (seed) investment http://www.slideshare.net/press42 @abarrera #ecosystems
  • 7. Connections to future capital Standardized investment terms Time-limited program Synchronous (seed) investment http://www.slideshare.net/press42 @abarrera #ecosystems
  • 8. http://www.slideshare.net/press42 @abarrera #ecosystems
  • 9. Bay Area 7.15M 395.29/km2Latvia 2.2M34.3/km2 http://www.slideshare.net/press42 @abarrera #ecosystems
  • 10. Without community accelerators fail http://www.slideshare.net/press42 @abarrera #ecosystems
  • 11. Abu Dhabi ShanghaiDubai http://www.slideshare.net/press42 @abarrera #ecosystems
  • 12. Creation of an ecosystemhttp://www.slideshare.net/press42 @abarrera #ecosystems
  • 13. Stage 1: foundershttp://www.slideshare.net/press42 @abarrera #ecosystems
  • 14. Stage 2: Utopia corehttp://www.slideshare.net/press42 @abarrera #ecosystems
  • 15. Stage 3: growthhttp://www.slideshare.net/press42 @abarrera #ecosystems
  • 16. Stage 4: copycatshttp://www.slideshare.net/press42 @abarrera #ecosystems
  • 17. Stage 5: cross pollination http://www.slideshare.net/press42 @abarrera #ecosystems
  • 18. Stage 5: cross pollination http://www.slideshare.net/press42 @abarrera #ecosystems
  • 19. WALK THE Talk http://www.slideshare.net/press42 @abarrera #ecosystems
  • 20. I. SET YOR VALUES http://www.slideshare.net/press42 @abarrera #ecosystems
  • 21. FEW IS BETTERhttp://www.slideshare.net/press42 @abarrera #ecosystems
  • 22. II. RECRUIT LIKEMINDED PEOPLE http://www.slideshare.net/press42 @abarrera #ecosystems
  • 23. III. CREATE CULTURE http://www.slideshare.net/press42 @abarrera #ecosystems
  • 24. III. CREATE CULTURE Honest http://www.slideshare.net/press42 @abarrera #ecosystems
  • 25. III. CREATE CULTURE Honest Humble http://www.slideshare.net/press42 @abarrera #ecosystems
  • 26. III. CREATE CULTURE Honest Humble Consistent http://www.slideshare.net/press42 @abarrera #ecosystems
  • 27. IV. CREATE MEANING http://www.slideshare.net/press42 @abarrera #ecosystems
  • 28. IV. CREATE MEANING http://www.slideshare.net/press42 @abarrera #ecosystems
  • 29. V. FOCUS THE ATTENTION http://www.slideshare.net/press42 @abarrera #ecosystems
  • 30. VI. ENABLE COMMUNICATION http://www.slideshare.net/press42 @abarrera #ecosystems
  • 31. KEEP IT http://www.slideshare.net/press42 @abarrera #ecosystems
  • 32. VII. CREATE NOISEhttp://www.slideshare.net/press42 @abarrera #ecosystems
  • 33. Make them write http://www.slideshare.net/press42 @abarrera #ecosystems
  • 34. Ensure weekly activity http://www.slideshare.net/press42 @abarrera #ecosystems
  • 35. VIII. FOLLOW UP http://www.slideshare.net/press42 @abarrera #ecosystems
  • 36. FOLLOW STRUCTUREhttp://www.slideshare.net/press42 @abarrera #ecosystems
  • 37. IX. ENCOURAGE NEW PROJECTS http://www.slideshare.net/press42 @abarrera #ecosystems
  • 38. http://www.slideshare.net/press42 @abarrera #ecosystems
  • 39. X. BRIDGE THE INVESTOR CHASM http://www.slideshare.net/press42 @abarrera #ecosystems
  • 40. Learn how to pitch!http://www.slideshare.net/press42 @abarrera #ecosystems
  • 41. GOINTERNATIONAL http://www.slideshare.net/press42 @abarrera #ecosystems
  • 42. INVITE THEMhttp://www.slideshare.net/press42 @abarrera #ecosystems
  • 43. They nee d to lea rn... teach them. http://www.slideshare.net/press42 @abarrera #ecosystems
  • 44. http://www.slideshare.net/press42 @abarrera #ecosystems
  • 45. HONESTLY: It costs money http://www.slideshare.net/press42 @abarrera #ecosystems
  • 46. Attracts talenthttp://www.slideshare.net/press42 @abarrera #ecosystems
  • 47. Shortcuts NEVER workhttp://www.slideshare.net/press42 @abarrera #ecosystems
  • 48. Beautiful but fragile http://www.slideshare.net/press42 @abarrera #ecosystems
  • 49. Leadership by entrepreneurshttp://www.slideshare.net/press42 @abarrera #ecosystems
  • 50. Liels paldies! Alex Barrera alex@press42.com http://www.slideshare.net/press42 @abarrera #ecosystems