google launch pad presentation

22
Starting up in Spain: The Roadshow 2015 Sponsored by:

Upload: thomas-evans

Post on 15-Apr-2017

133 views

Category:

Technology


1 download

TRANSCRIPT

Page 1: Google launch pad   presentation

Starting up in Spain: The Roadshow 2015

Sponsored by:

Page 2: Google launch pad   presentation

#Deals Completed

2012 65

2014 65

2013

Background

24

Sponsored by:

Page 3: Google launch pad   presentation

# Co Working Spaces

146

2012 2014 2013

Background

231

338

Sponsored by:

Page 4: Google launch pad   presentation

# Accelerators

98

2012 2014 2013

Background

147

338

Sponsored by:

Page 5: Google launch pad   presentation

# Crowd Funded Companies

146

2012 2014 2013

Background

552

1746

Sponsored by:

Page 6: Google launch pad   presentation

# Government Initiatives

2

2012 2014 2013

Background

5

8

Sponsored by:

Page 7: Google launch pad   presentation

# Investors

210

2012 2014 2013

Background

367 604

Sponsored by:

Page 8: Google launch pad   presentation

# Venture Capital Investors

210

2012 2014 2013

Background

377 377

Sponsored by:

Page 9: Google launch pad   presentation

# GDP in Ratio to Tech Hubs (EU)

Background

#2

Sponsored by:

Page 10: Google launch pad   presentation

Qualitative Feedback

- Local government has good initiatives for entrepreneurs but these are often not well communicated – there’s lack of awareness. - Lack of women entrepreneurs - about 20% only. - Time barrier to starting a business is improving – for creating and testing a product and benefitting from the feedback loop.

Sponsored by:

Page 11: Google launch pad   presentation

Qualitative Feedback

- More startups fail due to problems between partners, than ecosystem issues such as bureaucracy. - Not knowing Spanish is a clear barrier for foreigners in regard to starting up in Spain. - Spanish entrepreneurs may believe they have a higher level of English than they really do.

Sponsored by:

Page 12: Google launch pad   presentation

Qualitative Feedback

- Most startups fail and the entrepreneurs after their 1st failed venture return to the corporate world. - Investors want to see team profiles of people who’ve gained significant private sector work experience. They focus more on the people than the idea. They do not value the past entrepreneurial experience as much as in other markets. - The ecosystem encourages less merit based startup teams, and more relationship based projects.

Page 13: Google launch pad   presentation

Qualitative Feedback

- The struggle of egos and ‘language’ difference (i.e. disparity of understanding and priorities) between business entrepreneurs and technical co-founders is usually one of the main problems of a startup in Spain. - Lack of experience - the entities that do help the start-ups, often don’t follow up in the long term after the initial support - thereby creating ‘hollow’ life for startups rather than vigorous assessments and feedback.

Sponsored by:

Page 14: Google launch pad   presentation

Starting up in Spain: The Survey 2015

The Overview

7 team members

5 roadshow events

412

surveys

Sponsored by:

Page 15: Google launch pad   presentation

Starting up in Spain: The Survey 2015

What is good?

5

largest EU economy

th 50

cost of living of UK

% 109 investment

Q1:2015

m

Sponsored by:

Page 16: Google launch pad   presentation

Starting up in Spain: The Survey 2015

What is not good?

22

speak English

% Funding gap

Sponsored by:

N.B. Although only 22% speak English across the country, in clusters like Madrid and Barcelona this percentage is significantly higher.

Page 17: Google launch pad   presentation

Starting up in Spain: The Survey 2015

The Entrepreneur

47

studied business

% 51

quick flip

% try again

Sponsored by:

Page 18: Google launch pad   presentation

Starting up in Spain: The Survey 2015

The Start up

83

International

% 67 SaaS

% 24

advertising & media

%

Sponsored by:

Page 19: Google launch pad   presentation

Starting up in Spain: The Survey 2015

The Culture

64

hard to find capital

% 59

barriers to entry

% 42 failure

%

Sponsored by:

Page 20: Google launch pad   presentation

Starting up in Spain: The Survey 2015

The Capital

6.2

101 startups

m 8

international

% 9

highest global investment

th

Sponsored by:

Page 21: Google launch pad   presentation

Starting up in Spain: The Survey 2015

The Ecosystem

50 youth

unemployment

% 107

% mobile

penetration 316

accelerators

Sponsored by:

Page 22: Google launch pad   presentation

Thanks

Sponsored by: