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The Compelling Reason to Buy

MobileMonday Oulu 9.1.2012

Risto Rautakorpi
Co-Founder
Gorillaventures Oy
Odds for Startup success
          50 %    of starters gets seed funding
          50 %    of seed funded pitches to VC
          50 %    VC analyses of offered cases
           1%     VC invests of analysed cases
          10 %    VC success rate

       0.0125 %
Why Startups fail?
                             F
G2M                        G2M
  F                        G2M



      1.Finance (2 of top 6)
      2.Go To Market (3 of top 6)
”The only thing that matters”




16.11.2010                G2M                4
Make your message clear
 1. What do you do?
 2. What problem do you solve?
 3. Who is your customer?
 4. Why should they care?
The Compelling Reason to Buy
• Only a Must Have Value Prop is strong enough
• Should-have propositions won’t normally cut it
3 sources of must-have conditions
(G Moore, pg 102-103)
• It enables a previously unavailable strategic capability that
  provides a dramatic competitive advantage in an area of
  prime operational focus
• It radically improves productivity on an already well-
  understood critical success factor
• It visibly, verifiably, and significantly reduces current totaö
  overall operating costs
What is your compelling reason to
buy?
Advertising section
Finland has many promising
start-ups
• Very few of them ever reach international scale and success
• Why not better than that?
• We want to understand the reasons and help the startups to
  fix them
Do you want to realize your full
potential and win?
Email: risto.rautakorpi@gorillaventures.fi
Twitter: @risto_r

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The compelling reason to buy

  • 1. The Compelling Reason to Buy MobileMonday Oulu 9.1.2012 Risto Rautakorpi Co-Founder Gorillaventures Oy
  • 2. Odds for Startup success 50 % of starters gets seed funding 50 % of seed funded pitches to VC 50 % VC analyses of offered cases 1% VC invests of analysed cases 10 % VC success rate 0.0125 %
  • 3. Why Startups fail? F G2M G2M F G2M 1.Finance (2 of top 6) 2.Go To Market (3 of top 6)
  • 4. ”The only thing that matters” 16.11.2010 G2M 4
  • 5. Make your message clear 1. What do you do? 2. What problem do you solve? 3. Who is your customer? 4. Why should they care?
  • 6. The Compelling Reason to Buy • Only a Must Have Value Prop is strong enough • Should-have propositions won’t normally cut it
  • 7. 3 sources of must-have conditions (G Moore, pg 102-103) • It enables a previously unavailable strategic capability that provides a dramatic competitive advantage in an area of prime operational focus • It radically improves productivity on an already well- understood critical success factor • It visibly, verifiably, and significantly reduces current totaö overall operating costs
  • 8. What is your compelling reason to buy?
  • 10. Finland has many promising start-ups • Very few of them ever reach international scale and success • Why not better than that? • We want to understand the reasons and help the startups to fix them
  • 11. Do you want to realize your full potential and win? Email: risto.rautakorpi@gorillaventures.fi Twitter: @risto_r