Download - Startup Turkey 2016 - Andrea Barrica
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Andrea Barrica500 Startups
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What I’ve Learned As A Venture Partner at 500
Startups
@abarrica
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3 batches (125+ startups)$60M+ in funding1000+ of pitches
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Lesson #1
Great entrepreneurs are everywhere.
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West Africa
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“All happy families are alike. Every unhappy family is unhappy in its own
way.”
-Tolstoy
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Infrastructure problemsLack of mentors/operators
Lack of experienced investorsFear of risk & failure
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Lesson #2 Team and Growth,
NOTFunding, PR, or biz plans
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Define targets. Hit them, or pivot.
(Hint: this is the only right answer to why you need to raise money)
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Lesson #3
Be brutally honest with yourselfand each other.
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Lesson #4 Global thinking is a
mindset and a necessity.
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Lesson #5 The next generation
of startups won’t look like the last.
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@abarrica
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