panel intro: the european startup: opportunities

Mike ButcherEditor, TechCrunch Europehttp://eu.techcrunch.com/aboutmikebutcher@techcrunch.com@mikebutcherLinkedin.com/in/mikebutcherFacebook.com/mikebutcher

European Start-Up Trends

• VCs going early stage or ‘growth’• European startups accelerators• Groupon clones• Enterprise startups• Startups focused on culture• Mobile innovation• Launching on big platforms (FB/Tw)

European Start-Up Trends

• VCs: Capital concentrated in London• Accelerators not Incubators• Groupon clone fallout• Enterprise: Erply / MarketInvoice• Culture: Artfinder, Garmz, Songkick• Mobile: Apps (Nokia shifts to US)• Platforms: Tweetdeck, Datasift

European Start-Up Accelerators

• White Bear Yard• HackFwd• Seedcamp• TechHub

Seedcamp

Seedcamp

• Launched 2007, Euro first, increasingly global

• VC & angels investors• Network of 500+ mentors• Multiple ‘mini events’ around the globe• Annual Seedcamp Week: 5-10 startups

win €50,000 funding for c. 5-10% stake• Further 3 months of intensive mentoring

Seedcamp

Seedcamp

HackFwd

HackFwd

• Backed by Lars Hinrichs, founder of Xing, and other investors in 2010

• Funding goes up to €191,000 per team• Funding designed to last a year• HackFwd takes 27% of a company it

invests in, founders keep 70% equity, with 3% going to advisors

• Quarterly un-conferences "in cool places”

HackFwd

HackFwd

White Bear Yard

White Bear Yard

• Backed by three prominent London-based Angels with a European network

• Large physical space for startups• Not a formal programme as such• Closer to incubator?

White Bear Yard

White Bear Yard

TechHub.com

TechHub

• Founded 2010, by Elizabeth Varley (CEO) and Mike Butcher (Strategy)

• Backed by Sponsors (Google/Pearson)• Large physical space for startups to co-

work/ hotdesk or rent cheap desks• Accelerator programme, education• Services: Introductions to investors• “Platform” for others to use• £375 ($615) a year to join

TechHub

TechHub

TechHub

TechHub

TechHub

TechHub

Others in Europe

• Le Camping (France)• SpringBoard (UK)• Launch48 (UK)• Startup Bootcamp (Denmark)• TNW Incubator in Amsterdam• Garage48 (Estonia)• Openfund (Greece)• TetuanValley (Spain)• The Founder Institute (Pan-European)

Mike ButcherEditor, TechCrunch Europehttp://eu.techcrunch.com/aboutmikebutcher@techcrunch.com@mikebutcherLinkedin.com/in/mikebutcherFacebook.com/mikebutcher(I don’t carry business cards)