startup turkey 2016 - yousef hamidaddin
TRANSCRIPT
5 years & we are still learning …
Over $37M raised by our startups. I asked our investors why? Delivered 42
Business Development Boot camps training with around 2,300 entrepreneurs
9,700 Submitted a business idea. We started to analyze the profile? To Date
Oasis500 Invested in 121 & 40 Shut Down. We started to understand
the reasons. The 80+ companies are generating $129M in Value. Where does value come from?
REBUILDING TOMORROW CANNOT BE LIKE YESTERDAY
rebuilding needs innovation. 18 months to deliver economic welfare will not work
WE HAVE MISSED AN OPPORTUNITY. CRISIS MINDSET IS KEY.
We have been trying to become knowledge based economies. We failed. Now we need to become knowledge based economies.
SEED STAGE INVESTMENTS: MAKING IT WORK FOR COMMUNITIES
Our investments need to work. Seed stage isn't tech only. No one can be left behind.
THE REGION ISN'T US IN THE ROOM
The best angel investors are 70 years old. They get it. What they don’t get is the logic behind the “value” of the startups today.
BIG EXITS ARE HAPPENING AWAY FROM OUR ECO SYSTEM
If valuations determine the unicorn. We have many unicorns in the last 5 years.
STEP I: WE NEED TO BE INCLUSIVEI have a simple target … raising capital from the old guard with our terms
STEP II: CREATE OPEN LAB PARTNERSHIPS FOR EXPONENTIAL GROWTH
Every touch point can grow you exponentially