Archives For early stage

Fred Wilson, one of the world’s most prominent venture capitalists, shares the three big coming trends in tech. He has invested in the early stages of companies like Twitter, Tumblr, Foursquare, Zynga, Kickstarter and Bitcoin. His ideas about business trends are really interesting, both for investors and for startup entrepreneurs. Wilson talked at LeWeb conference in Paris (December, 10, 2013) and he used as an example for each megatrend, some startup companies from his own portfolio (USV).

“We don’t think about technologies, we think about trends, we think about what’s happening in society, what’s happening with people, in terms of how people behave. The technologies are important; but we don’t like to invest in mobile, or big data, or machine learning or those kind of things. We think about them, they matter to us, but we really think about things from a behavioral and a societal point of view.”

Megatrend 1: Technology Driven Networks are Replacing Traditional Bureaucratic Hierarchies

Bureaucratic hierarchies are the way that the world has been organized for the past couple hundred years. Markets, governments and businesses have one person on the top of the pyramid organizational structure controlling everything. Transaction and communication costs were so high in the industrial era that that was the most efficient way to organize work. But we are now in the information age, where technology-driven networks are replacing  bureaucratic hierarchies. Some examples are: Continue Reading…

The above sentence is from Guy Kawasaki, one of the largest marketing specialists in the world, renowned writer , lecturer, entrepreneur and investor. He worked in the eighties as a “technology evangelist” at Apple. His job consisted in building a critical mass of support for the Macintosh and encouraging people to develop software for their computers.

In Kawasaki’s opinion, the key to success as an entrepreneur is to make meaning in your company. Continue Reading…

David  Gomez Linkedin 000dc53

One of my favourite films is Blade Runner. In this film, genetically engineered robots called “replicants” are so similar to human beings that they even have their own implanted memories. I felt fascinated by this idea and others similar in Blade Runner, like the unicorn dream. So when I heard about Hiyalife, a website where you can store your memories, I got immediately interested about it. Last week I heard that David Gómez, Hiyalife co-founder, came to my city to give a workshop for entrepreneurs. Therefore, I decided to attend the workshop and it really deserved applause. David told such good advice for start-ups entrepreneurs that I asked him for an interview to share with you. Continue Reading…

Tubos de Ensayo

– It is a company that uses scientific and technological knowledge systematically and continuously to produce new goods or services with high added value.

– They mainly operate in top-level strategic sectors, such as microelectronics, biotechnology, medical device, nanotechnology, etc.

– They perform R & D in-house or in close cooperation with universities and research centers.

– Many start-ups are not technology-based companies.

– Similar terms: knowledge-based companies, new technology-based firms.

Some technology-based startups in my region, (Navarre, Spain) are: Bionanoplus, Orbital Aerospace, Lev2050, Recombina, Proinec, Pharmamodelling, Kunak, ….

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What is Lean Start Up?

17 July, 2013 — 1 Comment
lean startup

Photo by John Fischer on Flickr used under a Creative Commons licence

It is a methodology for the creation of enterprises developed by the entrepreneur and consultant Eric Ries in his book “The Lean Startup” published in 2011. It has been a huge success among entrepreneurs, especially among internet entrepreneurs.

This methodology is based on the idea that a startup is an organization formed to search for a repeatable and scalable business model under conditions of extreme uncertainty.

The main point is to build a minimum viable product with basic features that are supposed interest to customers and launch it quickly to test if the hypotheses are true or not. By this way entrepreneur can learn a lot about the business, his products and his customers. Then, the entrepreneur decides whether to persevere or “pivot”, correcting some of the hypotheses.

Foto-Pello-Gamez

I interviewed Pello Gamez, one of three Geoactio’s entrepreneurs, who I met when they first launched their company. I negotiated Start Up Capital Navarra’s investment in their company. Since then, I have been witness to the positives changes in Geoactio, thanks to these entrepreneurs’ efforts, sacrifices and capacity to adapt to the market. Geoactio’s story is a good example of the difficulties which a start-up faces its first years and how its entrepreneurs overcame them.

Startup: GEOACTIO, Pamplona, Navarra, Spain.

Activity: Software and mobile applications development. Smart city and mobility projects. Smart bluetooth. Continue Reading…

The “time to market” or time to get into your market is a very important concept that affects startups. It has to do with the time it takes from product conception until the first sales are achieved.

Many startup entrepreneurs expect to sell in the first few days, but it usually will take months, in some cases many months, until the first sales are achieved. The reason is that many startups are created without having a product ready for sale. They are created just to finish the products and to sell them. When you launch a new product or service it requires time to make it known to customers and sell it. Continue Reading…