Reduce the Probability of Failure

•Télécharger en tant que KEY, PDF•

1 j'aime•1,273 vues

presentation provided to startups based in Las Vegas. An overview of some ways to reduce the probability of failure for startups.

Technologie Économie & finance Business

Thanks To:

Thomas Knoll - clipppr.com
&
Downtown Project
Joe Mahon
Greg Baine
Krissee Danger

Decrease the
Likelihood of Failure
Shai Goldman
Silicon Valley Bank
@shaig

Silicon Valley Bank
• Commercial bank

• checking/savings accounts, debit/credit card, loans, merchant
services

• 30 years

• 2 main markets

• Tech startups / companies

• VC / PE ﬁrms

• Global

• Israel, UK, China, India, US (26 cities)

Background

• Since 2001 - worked with
• several hundred startups
• several hundred VC ﬁrms
• Bay Area and NYC
• Fundraising, community building, business development

Startups

• Most startups fail (90%+) :(
• How do you increase likelihood of success?
• How do you decrease likelihood of failure?

Risks
• Market
• Product
• Team
• Execution
• Timing
• Financing

Founders try to save $
by doing their own:
• Legal Work
• Accounting Work
• HR Work
• Landlord / Tenant Work
• Banking Work

Founders are actually
losing $ (i.e. their time)
• Banking
• Accounting
• Law Firms
• Real Estate Broker
• HR Firms

Cap Table

• Giving away too much equity to investors
• Preferences
• Not giving enough equity to employees

Cash

• Not raising enough $$
• Don’t get caught in the fundraising circle of death
• Raising enough for 18 months, ideally 24 months

Events
• Don’t be the guy/gal who everyone sees on
the party/event circuit
• Attend with a purpose - network with
• Investors
• Recruits
• Customers

Experience

• Domain
• Team
• Work on problems you
• are passionate about
• have faced

Customer Validation

• don’t work on assumptions
• talk to prospective clients/users

In Summary

• Time is money
• Don’t screw up your cap table
• Raise enough money
• Network
• Surround yourself with mentors/advisors
• Know the market you are targeting

....if you do these things you can still fail

but you reduce the probability of failure

Contenu connexe

Plus de Shai Goldman

Techstars Patriot Boot Camp 2015

Shai Goldman

500 Startups Accelerator

Shai Goldman

Techstars Patriot Boot Camp Fundraising Preso

Shai Goldman

Preso provided to startups in Madrid

Shai Goldman

Investor Presentation Template

Shai Goldman

How to Network

Shai Goldman

Developing an Elevator Pitch

Shai Goldman

Plus de Shai Goldman (7)

Techstars Patriot Boot Camp 2015

500 Startups Accelerator

Techstars Patriot Boot Camp Fundraising Preso

Preso provided to startups in Madrid

Investor Presentation Template

How to Network

Developing an Elevator Pitch

Dernier

In the thrilling conclusion to 2023, ransomware groups had a banner year, really outdoing themselves in the "make everyone's life miserable" department. LockBit 3.0 took gold in the hacking olympics, followed by the plucky upstarts Clop and ALPHV/BlackCat. Apparently, 48% of organizations were feeling left out and decided to get in on the cyber attack action. Business services won the "most likely to get digitally mugged" award, with education and retail nipping at their heels. Hackers expanded their repertoire beyond boring old encryption to the much more exciting world of extortion. The US, UK and Canada took top honors in the "countries most likely to pay up" category. Bitcoins were the currency of choice for discerning hackers, because who doesn't love untraceable money?

Ransomware_Q4_2023. The report. [EN].pdf

Overkill Security

Manulife - Insurer Transformation Award 2024

The Digital Insurer

A Beginners Guide to Building a RAG App Using Open Source Milvus

Zilliz

GenAI Risks & Security Meetup 01052024.pdf

lior mazor

MySQL Webinar, presented on the 25th of April, 2024. Summary: MySQL solutions enable the deployment of diverse Database Architectures tailored to specific needs, including High Availability, Disaster Recovery, and Read Scale-Out. With MySQL Shell's AdminAPI, administrators can seamlessly set up, manage, and monitor these solutions, ensuring efficiency and ease of use in their administration. MySQL Router, on the other hand, provides transparent routing from the application traffic to the backend servers in the architectures, requiring minimal configuration. Completely built in-house and supported by Oracle, these solutions have been adopted by enterprises of all sizes for their business-critical applications. In this presentation, we'll delve into various database architecture solutions to help you choose the right one based on your business requirements. Focusing on technical details and the latest features to maximize the potential of these solutions.

Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...

Miguel Araújo

AWS Community Day CPH - Three problems of Terraform

Andrey Devyatkin

Scalable LLM APIs for AI and Generative AI Application Development Ettikan Karuppiah, Director/Technologist - NVIDIA Apidays Singapore 2024: Connecting Customers, Business and Technology (April 17 & 18, 2024) ------ Check out our conferences at https://www.apidays.global/ Do you want to sponsor or talk at one of our conferences? https://apidays.typeform.com/to/ILJeAaV8 Learn more on APIscene, the global media made by the community for the community: https://www.apiscene.io Explore the API ecosystem with the API Landscape: https://apilandscape.apiscene.io/

Apidays Singapore 2024 - Scalable LLM APIs for AI and Generative AI Applicati...

apidays

Effective data discovery is crucial for maintaining compliance and mitigating risks in today's rapidly evolving privacy landscape. However, traditional manual approaches often struggle to keep pace with the growing volume and complexity of data. Join us for an insightful webinar where industry leaders from TrustArc and Privya will share their expertise on leveraging AI-powered solutions to revolutionize data discovery. You'll learn how to: - Effortlessly maintain a comprehensive, up-to-date data inventory - Harness code scanning insights to gain complete visibility into data flows leveraging the advantages of code scanning over DB scanning - Simplify compliance by leveraging Privya's integration with TrustArc - Implement proven strategies to mitigate third-party risks Our panel of experts will discuss real-world case studies and share practical strategies for overcoming common data discovery challenges. They'll also explore the latest trends and innovations in AI-driven data management, and how these technologies can help organizations stay ahead of the curve in an ever-changing privacy landscape.

TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery

TrustArc

The Good, the Bad and the Governed - Why is governance a dirty word? David O'Neill, Chief Operating Officer - APIContext Apidays New York 2024: The API Economy in the AI Era (April 30 & May 1, 2024) ------ Check out our conferences at https://www.apidays.global/ Do you want to sponsor or talk at one of our conferences? https://apidays.typeform.com/to/ILJeAaV8 Learn more on APIscene, the global media made by the community for the community: https://www.apiscene.io Explore the API ecosystem with the API Landscape: https://apilandscape.apiscene.io/

Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...

apidays

Accelerating FinTech Innovation: Unleashing API Economy and GenAI Vasa Krishnan, Chief Technology Officer - FinResults Apidays New York 2024: The API Economy in the AI Era (April 30 & May 1, 2024) ------ Check out our conferences at https://www.apidays.global/ Do you want to sponsor or talk at one of our conferences? https://apidays.typeform.com/to/ILJeAaV8 Learn more on APIscene, the global media made by the community for the community: https://www.apiscene.io Explore the API ecosystem with the API Landscape: https://apilandscape.apiscene.io/

Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...

apidays

Architecting Cloud Native Applications

WSO2

Artificial Intelligence Chap.5 : Uncertainty

Khushali Kathiriya

Scaling API-first – The story of a global engineering organization Ian Reasor, Senior Computer Scientist - Adobe Radu Cotescu, Senior Computer Scientist - Adobe Apidays New York 2024: The API Economy in the AI Era (April 30 & May 1, 2024) ------ Check out our conferences at https://www.apidays.global/ Do you want to sponsor or talk at one of our conferences? https://apidays.typeform.com/to/ILJeAaV8 Learn more on APIscene, the global media made by the community for the community: https://www.apiscene.io Explore the API ecosystem with the API Landscape: https://apilandscape.apiscene.io/

Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe

apidays

Real Time Object Detection Using Open CV

Khem

Building Digital Trust in a Digital Economy Veronica Tan, Director - Cyber Security Agency of Singapore Apidays Singapore 2024: Connecting Customers, Business and Technology (April 17 & 18, 2024) ------ Check out our conferences at https://www.apidays.global/ Do you want to sponsor or talk at one of our conferences? https://apidays.typeform.com/to/ILJeAaV8 Learn more on APIscene, the global media made by the community for the community: https://www.apiscene.io Explore the API ecosystem with the API Landscape: https://apilandscape.apiscene.io/

Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...

apidays

In this session, we will delve into strategic approaches for optimizing knowledge management within Microsoft 365, amidst the evolving landscape of Copilot. From leveraging automatic metadata classification and permission governance with SharePoint Premium, to unlocking Viva Engage for the cultivation of knowledge and communities, you will gain actionable insights to bolster your organization's knowledge-sharing initiatives. In this session, we will also explore how to facilitate solutions to enable your employees to find answers and expertise within Microsoft 365. You will leave equipped with practical techniques and a deeper understanding of how there is more to effective knowledge management than just enabling Copilot, but building actual solutions to prepare the knowledge that Copilot and your employees can use.

Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...

Drew Madelung

"I see eyes in my soup": How Delivery Hero implemented the safety system for ...

Zilliz

Data Cloud, More than a CDP by Matt Robison

Anna Loughnan Colquhoun

ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke

Product Anonymous

Automating Google Workspace (GWS) & more with Apps Script

wesley chun

Dernier (20)

Ransomware_Q4_2023. The report. [EN].pdf

Manulife - Insurer Transformation Award 2024

A Beginners Guide to Building a RAG App Using Open Source Milvus

GenAI Risks & Security Meetup 01052024.pdf

Mastering MySQL Database Architecture: Deep Dive into MySQL Shell and MySQL R...

AWS Community Day CPH - Three problems of Terraform

Apidays Singapore 2024 - Scalable LLM APIs for AI and Generative AI Applicati...

TrustArc Webinar - Unlock the Power of AI-Driven Data Discovery

Apidays New York 2024 - The Good, the Bad and the Governed by David O'Neill, ...

Apidays New York 2024 - Accelerating FinTech Innovation by Vasa Krishnan, Fin...

Architecting Cloud Native Applications

Artificial Intelligence Chap.5 : Uncertainty

Apidays New York 2024 - Scaling API-first by Ian Reasor and Radu Cotescu, Adobe

Real Time Object Detection Using Open CV

Apidays Singapore 2024 - Building Digital Trust in a Digital Economy by Veron...

Strategies for Unlocking Knowledge Management in Microsoft 365 in the Copilot...

"I see eyes in my soup": How Delivery Hero implemented the safety system for ...

Data Cloud, More than a CDP by Matt Robison

ProductAnonymous-April2024-WinProductDiscovery-MelissaKlemke

Automating Google Workspace (GWS) & more with Apps Script

Reduce the Probability of Failure

1. Thanks To: Thomas Knoll - clipppr.com & Downtown Project Joe Mahon Greg Baine Krissee Danger

2. Decrease the Likelihood of Failure Shai Goldman Silicon Valley Bank @shaig

3. Silicon Valley Bank • Commercial bank • checking/savings accounts, debit/credit card, loans, merchant services • 30 years • 2 main markets • Tech startups / companies • VC / PE ﬁrms • Global • Israel, UK, China, India, US (26 cities)

4. Background • Since 2001 - worked with • several hundred startups • several hundred VC ﬁrms • Bay Area and NYC • Fundraising, community building, business development

5. Startups • Most startups fail (90%+) :( • How do you increase likelihood of success? • How do you decrease likelihood of failure?

6. Common Thread

7. Risks • Market • Product • Team • Execution • Timing • Financing

8. Most Valuable Resource?

10. Founders try to save $ by doing their own: • Legal Work • Accounting Work • HR Work • Landlord / Tenant Work • Banking Work

11. Founders are actually losing $ (i.e. their time) • Banking • Accounting • Law Firms • Real Estate Broker • HR Firms

12. Don’t Screw Up

13. Cap Table • Giving away too much equity to investors • Preferences • Not giving enough equity to employees

14.

15. Cash • Not raising enough $$ • Don’t get caught in the fundraising circle of death • Raising enough for 18 months, ideally 24 months

16.

17.

18. Events • Don’t be the guy/gal who everyone sees on the party/event circuit • Attend with a purpose - network with • Investors • Recruits • Customers

19.

20. Experience • Domain • Team • Work on problems you • are passionate about • have faced

21. Customer Validation • don’t work on assumptions • talk to prospective clients/users

22. In Summary • Time is money • Don’t screw up your cap table • Raise enough money • Network • Surround yourself with mentors/advisors • Know the market you are targeting

23. ....if you do these things you can still fail but you reduce the probability of failure

24. Questions? @shaig sgoldman@svb.com

Reduce the Probability of Failure

Recommandé

Recommandé

Contenu connexe

Plus de Shai Goldman

Plus de Shai Goldman (7)

Dernier

Dernier (20)

Reduce the Probability of Failure

Notes de l'éditeur