ask alkarmi ama secrets of launching and scaling successful ventures by ramialkarmi at in5
TRANSCRIPT
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Rami Al-Karmialkarmi
ramialkarmi
SecretsofLaunch&Scaling
SuccessfulVentures
#AskAlkarmi
#SuccessfulVenturesSecrets
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InsideGEMINI
A ‘Kodak Moment’ for Universities…?
@gleonhard
not really… BUT….
The“KODAKMOMENT”
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Feel Free to reach out @alkarmi
Execu&veChairman
F03 VENTURE P A R T N E R S
Feel Free to reach out @alkarmi
Mentor
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Chairman
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Execu&veViceChairman
Feel Free to reach out @alkarmi
Execu&veViceChairman
Jordan
Feel Free to reach out @alkarmi
AdvisoryBoardMember
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BoardMember
Feel Free to reach out @alkarmi
BoardMember
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Feel Free to reach out @alkarmi
Mentor Execu&veChairman
Execu&veViceChairman
Jordan
F03 VENTURE P A R T N E R S
ootpr in t Fstart
theprogram
VENTURE LAB
FastForward
Entrepreneur?
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Entrepreneurship Ecosystem
Entrepreneurs
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Entrepreneurship Ecosystem
Entrepreneurs
VentureCapitalInvestors
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Entrepreneurship Ecosystem
Entrepreneurs
VentureCapitalInvestors
Corpora@ons
Poten@alacquirersStrategicinvestors
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Entrepreneurship Ecosystem
Entrepreneurs
VentureCapitalInvestors
Corpora@ons
Poten@alacquirersStrategicinvestors
UniversiAes
Professions
Management
Government
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Entrepreneurship Ecosystem
Entrepreneurs
VentureCapitalInvestors
Corpora@ons
Poten@alacquirersStrategicinvestors
UniversiAes
Professions
Management
Government
PublicStockMarket
PoolsofPrivateCapital
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Entrepreneurship Ecosystem
Founders
Funders
Facilitators
UniversiAes
Professionals
Management
Government
PublicStockMarket
PoolsofPrivateCapital
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Entrepreneurship Ecosystem
Founders
Funders
Facilitators
UniversiAes
Professionals
Management
Government
PublicStockMarket
PoolsofPrivateCapital
� F
F03 VENTURE PARTNERS
Runway ?
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Lifecycle of an Entrepreneur
Idea Formation Growth
Exit
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Business
Schools teach
OUTDATED Startup
tools
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“Valley of Death”
Research Grants Development Grants (eg SBIR)
Friends, Family, & Founders($5-$50k)
AngelInvestors($50-$500k)
Funding
Early StageVenture Capital($500k-$2M+)
Venture Capital($2M-$50M)
Private Equity,Project Financing($2M-$50M)
IPO, Merger, or Acquisition($2M-$50M)
Stage of Venture Development
Idea Basic Research
Applied Research
Proof ofConcept
Target Market
BusinessPlan
EngineeringPrototypes
SupplierContracts
ProductIntroduction
RevenueGrowth
ProductionPrototypes
DistributionContracts
Working Prototypes
Founding Team
NetCash Flow
➡ >95%ofstartupsfail➡ VCsfund1%ofsubmiKedbizplans
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It’sallaboutexecuAonofapredefinedplan
TheLeadingCauseofStartupDeath
ProductDev.
2Alpha/BetaTest
3LaunchProduct
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WhereCustomer?
PitchInvestor
1CustomerDev.
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Insidethebuilding
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No Business Plan Survives First Contact With Customers
Startups/New Ventures Are Not Smaller Versions of Existing Companies
Startups/New Ventures need their own tools
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From Yesterday's Outdated Tools To ...
Insidethebuilding
Remove the fluff
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AgileDev.
CustomerDev.
BizModelCanvas
... Today’s Tools LeanStartup
Outsidethebuilding
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Business Model Canvas
?
Customer Development The Search For the Business Model
Company Building
Customer Discovery
Customer Validation
Customer Creation
Pivot
Out of the building !
GET
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Rami Al-Karmialkarmi
ramialkarmi
SecretsofLaunch&Scaling
SuccessfulVentures
#AskAlkarmi
#SuccessfulVenturesSecrets