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Inbal Arieli at Digitalk, June 3, 2013
- 8. Small countries looking at global markets 7,282,0418,012,400Population 9.5 births/1,00018.97 births/1,000Birth rate 74.0 years81.07 yearsLife expectancy 13.2%27.3%0-14 years 68.3%62.2%15-64 years 18.5%10.5%65-over BulgarianJews, ArabsMajor ethnic TurkishDruze, MaronitesMinor ethnic 1.50 children3.00 childrenFertility rate inbal.arieli@gmail.com
- 9. Startup ecosystem report - inbal.arieli@gmail.com
- 11. Startup genome report inbal.arieli@gmail.com New York Times bestseller
- 12. How The Israeli way IDF Immigrants entrepreneurs inbal.arieli@gmail.com
- 13. Government support Wind of change +Culture inbal.arieli@gmail.com How The Israeli way
- 26. 3.3x more likely to successfully scale with product centric startups without networking effect than those with networking effect Business heavy founding teams Technological heavy founding teams product centric inbal.arieli@gmail.com
- 27. Employee Before Startup Yes No73% 26% 0% 10% 20% 30% 40% Age Range Doctors masters bachelor non… Education 18% 34% 38% 10% 0% 50% 100% One… Two… Three… More No. of Companies Involved before 67% 15% 11% 7% inbal.arieli@gmail.com Calcalist, May
- 29. raise 30% more money 2.9x more user growth 19%less likely to scale prematurely Team Balance Benefits inbal.arieli@gmail.com
- 30. inbal.arieli@gmail.com "Rosh Gadol Originating in the army, it describes a leader, someone who takes responsibility, isn’t afraid of making decisions, takes initiatives isn’t afraid of risks. It refers to actions beyond the call of duty or job description. Big Head
- 32. Don't be afraid to fail Keep trying fail. fail. fail Succeed. inbal.arieli@gmail.com
- 34. Txs & Good Luck Inbal Arieli Inbal.arieli@gmail.com inbal.arieli@gmail.com
Notes de l'éditeur
- Let's talk a little bit about Israel and Bulgaria.I will try to give you a very short introduction to the early stage ecosystem in Israel, and what i think can be learned from our experience
- There are some similiarites between Bulgaria and IsraelI will try to give you a very short introduction to the early stage ecosystem in Israel, and what i think can be learned from our experience
- In the map – early stage ones.In total – there are 5700 active private and public startup companies to date Israel Hosts More NASDAQ listed companies per citizen than ANY country Exits involving Israeli and Israel-related high-tech companies in 2011 totaled $5.23 billion.
- We still don't understand the patterns of succesful creation.From the 90% who will fail, most fail due to self distruction rather than competition.
- Let's dive into what i think is one of the sucess keys of an early stage start up,
- According to the StartUp Genome report, 201227X more fund raising3.5X user growth
- Join your peersInitiate long distance relationships with similar global groups, with ongoing online meetingsDon't wait for someone to start a group and invite you - Start your own meetup/group.Find yourself a high level mentorDo a lot of reading, including regarding best practices
- Join your peersInitiate long distance relationships with similar global groups, with ongoing online meetingsDon't wait for someone to start a group and invite you - Start your own meetup/group.Find yourself a high level mentorDo a lot of reading, including regarding best practices
- Join your peersInitiate long distance relationships with similar global groups, with ongoing online meetingsDon't wait for someone to start a group and invite you - Start your own meetup/group.Find yourself a high level mentorDo a lot of reading, including regarding best practices
- Join your peersInitiate long distance relationships with similar global groups, with ongoing online meetingsDon't wait for someone to start a group and invite you - Start your own meetup/group.Find yourself a high level mentorDo a lot of reading, including regarding best practices
- Join your peersInitiate long distance relationships with similar global groups, with ongoing online meetingsDon't wait for someone to start a group and invite you - Start your own meetup/group.Find yourself a high level mentorDo a lot of reading, including regarding best practices
- A very vivid ecosystem, of free events and meetups.Most of which, are initiated by the entrepreneurs themselves
- Both in Israel and Bulgaria - our talent has mostly goodtechnological skillsAt least in Israel, and generally speaking of course, marketing, product and design are our weaknesses
- So first – we should know where our advanteages are.Focus should be on product centric start ups, without a networking effect, as opposed to sales driven companies, with a networking effect.
- You need to go global, right?So here's a solution established by Israeli entreprneurs in the Valley:An accelerator for Israeli entrepreneurs was founded in SF, by Israelis.It is a 3 months program for early stage startups who come to the valley and spend some cruitial time there. Find some leading Bulgarian, role models, who have succeeded locally or even better globaly, and use them
- You cannot succeed based only on a technical team. Today, more than ever, innovation often comes from the product side or even innovative business models.So your team MUST be well balanced. This is critical for your success.
- So don't be afraid of risks, and start failing, as failure is success when we learn from it.
- And at least learn this for the Israelis.Just don't be afraid.Eventualy – you'l succeed.
- Regards from Tel Aviv – come and visit us!