1. On Entrepreneurship
Imre Hild

2. Kezeket fel!

4. Tourism

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7. Quick intro 2004-2008 Built two companies ($120 and $80M market cap)
Entrepreneur in Residence at a Venture Fund
iCatapult - HUF 140M invested into 4 startups
Mentor for Seedcamp, StartupBootcamp, Pioneers
Hungarian Venture Capital Association
st Central European Startup Roadshow in New York City
Hungarian Innovation Federation
MIT Venture Lab Mentor
Digital Factory Contributing Partner - 200M into 12 startups
Global Platforms - Business Dev. for 8 startup/scaleups

8. Startup Investing

10. Traditional Investing

11. In the beginning

12. Startup Investing

13. VALUE OF AN IDEA….

14. Air guitar startups

15. Startup Operations – Running a gig
Idea
Funding
Product development
Sales
3/16/15

17. Company status for fundraising
Hypothesis identification
Build based on facts
MVE
‘MVP’
PMF
Customer retention
Viral Growth
…then Capital

18. THE PROPER WAY TO BUILD A LEAN STARTUP
Identify
oppor-
tunities
Prototype a solution
Test and iterate
Fund Scaling
3/16/15

19. Terms of a startup investment
KEY FOR THE INVESTOR
Ownership share
Control (veto)
Exit options
Incentives for entrepreneur
ESOP
KEY FOR ENTREPRENEUR
Control (management flip)
Investor’s (anti)-dilution clauses
Vesting

22. Essential checklist for entrepreneurs:

24. Investment options into startups
Indirect
Equity crowdfunding
(Seedrs)
Crowdfunding
(Kickstarter)
Angel groups
(Keiretsu)
VC funds
Angel Syndication
(angel.co)
Angel
Superangels
Direkt
Formal
Informal

25. There are 3 important activities for an entrepreneur/startup:

26. ASK
LISTEN
LEARN

27. Continuous Self-test Is it a fact or an assumption…?

29. Software (app) protection Carriers could support it
PERFECT TIMING
Need for Information
High Mobile adoption
Fast Technology
Software (app) protection
Carriers could support it

33. One Simple, Golden Rule…. … yet it is also simple to lose sight:

34. >:(

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43. Richest people on Earth
8. Sheldon Adelson, Net Worth: $38 B
Source of wealth: casinos
9. Christy Walton & family, Net Worth: $36.7 B
Source of wealth: Wal-Mart
10. Jim Walton, Net Worth: $34.7 B
11. Liliane Bettencourt, Net Worth: $34.5 B
Source of wealth: L’Oreal
12. Stefan Persson, Net Worth: $34.4 B
Source of wealth: H&M
13. Alice Walton, Net Worth: $34.3 B
14. S. Robson Walton, Net Worth: $34.2 B
15. Bernard Arnault & family, Net Worth: $33.5 B
Source of wealth: LVMH
1. Bill Gates, Net Worth: $76 B
Source of wealth: Microsoft
2. Carlos Slim Helu & family, Net Worth: $72 B
Source of wealth: telecom
3. Amancio Ortega, Net Worth: $64 B
Source of wealth: retail
4. Warren Buffett, Net Worth: $58.2 B
Source of wealth: Berkshire Hathaway
5. Larry Ellison, Net Worth: $48 B
Source of wealth: Oracle
6. Charles Koch, Net Worth: $40 B
Source of wealth: diversified
6. David Koch, Net Worth: $40 B

44. Day 1

45. This presentation available at:
Contact and more info
LinkedIn: hu.linkedin.com/in/hildimre/
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