Youth Entrepreneurship Language: Silicon Valley incubator startups graduation

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Startups founder David MACCU wearing a mask on the stage to host demo Day

Sina technology Zheng from Silicon Valley, USA

If there is no big screen ppt, listening to the cheers and applause, accompanied by the stage of the lighting effect, looking at the radiant stars in turn on the stage, in 3 minutes time to publish or humorous or sincere speech, you will mistakenly think that you are in a certain ceremony scene.

This is the effect of David Maccu, the founder of Startups, a well-known incubator in Silicon Valley, who, in order to ease the entrepreneur, even took a mask to the podium and led the house to laughter. Mountain View, San Francisco, New York, the old Silicon Valley, which has been around for more than 20 years in technology and venture capital, has a group of young entrepreneurs who show investors their entrepreneurial dreams and persuade them to join the next entrepreneurial miracle.

Before birthdays's marcum in the blog to confide in their own voice: "I am still working hard, but also to fight for the faith, perhaps also to help others achieve great cause." His intention to set up startups two years ago was to hatch 500 start-ups, a goal that has now achieved nearly one-third. Unlike other incubators, startups does not accept start-up applications and only accepts entrepreneurial teams recommended by partners in a number of countries around the world.

Demo Day is the most important time for every incubator. After months of incubation, the founders confidently attended the graduation ceremony and stood on their stage to introduce their own entrepreneurial projects to many investors under the platform, hoping to get financial support. No matter what the project is, at least the founders seem confident, and the training they have received has left them with no fear of a full audience. Their PPT is concise and witty, and Macuba's Silicon Valley it men's dress up is their object of fun.

The goal of Demo Day is to create a communication opportunity for both entrepreneurs and investors to see the potential of the entrepreneurial team. Therefore, in the whole activity, in addition to show time on stage, investors, entrepreneurs and the media have ample time for face-to-face communication. The VCs included DST, Google VCs, Intel Capital, Accel partner, and other well-known Silicon Valley venture capitalists.

Men's Clothing Electric Dealer website Bombfell founder Jeson Kim is as funny as the ppt behind him

Men's Wardrobe Website

Many entrepreneurial teams wear T-shirts with their logo on their company, leaving a distinct impression on each other before talking. The entrepreneurial team wearing a white shirt and a red strap tailor's dress bombfell this way into Sina's technology eye. Jason Kim, the founder of Jeson Kim, a men's clothing dealer from Los Angeles, introduced his entrepreneurial origins to Sina technology.

"Men also beauty, but also need beautiful outfit, but men are not women, we hate shopping", wearing a black frame glasses gold chest hanging measure tape, looks and tailors are no different. After a few months of training, he introduced himself confidently and methodically. "So, we all need a man wardrobe, Bombfell is to let men stay at home can also dress fashionable and appropriate."

Bombfell is a member of the company's website, they do not produce garments, but by the specific professional clothing taste of the fashion people choose to purchase the major brands of men's clothing, similar to the United States apparel shopping malls Nordstorm, and then recommend sales to its members, jeans, Shirts and jackets are priced at $69 per piece. According to Kim, Bombfell founded a few months, has developed more than 1000 users, and the user left-behind rate reached 90%,ltv (per user lifetime value) is expected to be 500 U.S. dollars. They plan to finance 500,000 of billions of dollars and move the entrepreneurial team to New York, America's fashion capital, in the future.

A few girls started the local handmade products Electric Dealer website Umba Box

The local handmade products Umba Box is dedicated to providing members with their carefully selected handmade products, this is a company created by several girls because they often shop around for gadgets such as wallets, soaps, crafts and so on, thinking of providing a convenient shopping service for "Young Women of Art" with the same needs, Returns and replacements are completely free.

Face-to-face communication between entrepreneur and investor is an important part of Demo day

Social boom Retreat?

This demo day a total of 26 entrepreneurial team to participate. Sina Science and Technology analysis found that with the previous mobile internet and the social application of entrepreneurial boom compared to the startups group of selected entrepreneurial team does not have too much social elements, and more dedicated to provide specific life services, most of which already have specific business and revenue models.

These include a number of vertical electrical business sites: Men's Apparel Electric Dealer website Bombfell, men's tie rental website tie powering, handmade products, Umba Box, fashion boutique shopping site Tuckernuck. Although the launch time has been long and short, the user base also ranged from hundreds of to hundreds of thousands of, but they have achieved actual revenue.

The specific Life Service website also attracts a lot of attention: the Netizen exercises the platform Bluefield, the on-line booking platform Ingresse, the domestic service platform tender tree, the Honeymoon Planning Service website Wangderable, the child story sharing platform Storypanda, Children extracurricular classes information platform Activityhero and discount information website reclip.it.

Of course, software application products are also an important component of Silicon Valley startups: Education application platform chalkable, check statistic software happy Inspector, Panorama video Photography application Telip, music sharing application based on Twitter platform Twitmusic, Children's puzzle game platform Yogome, Electronic Business card application receptacle.

Chalkable founder Maik Levis (Michale Levy) told Sina technology that the fall in share prices after Facebook's listing did have some impact on the financing of entrepreneurs and investors seemed more cautious. But he believes that, in the entrepreneurial field outside of mobile socializing, as long as there is a stable business model and excellent user experience, can still be recognized by investors.

Continue to take root in Silicon Valley

These entrepreneurial teams from all over the United States and in many countries around the world (China, Philippines, India, Korea, Japan) have been recommended to Silicon Valley through Marcum Partners for 4 months of training. After Demo day, they will move out of startups's office.

But Sina Tech asks that most of the entrepreneurial teams with a specific market plan to stay in Silicon Valley. "Our market is here," Monogram co-founder Chenhao Jay said.

and Twitmusic founder Stefano Fazni (facilitator Fazzini) from the Philippines said, "Our users, our partners, we need the money and guidance in Silicon Valley." Plus, as the main music-sharing tool on Twitter, we need to deal with a lot of American companies, which are obviously not as convenient as the company of Silicon Valley. ”

From the show on demo day, most companies have a financing scale of 100,000 to 500,000, and about 70% of them have already received investment commitments. Financing success depends on the prospects of startups themselves, but Marcum and startups's extensive contacts in Silicon Valley also play an important role.

China Entrepreneurial Team

Chinese entrepreneur Chenhao The stage to show the Entrepreneurial project Monogram, appears quite calm. Confidence comes from strength, this is not the first time he started a business, and the financing goal has been achieved in half. Compared with other start-up teams, Monogram's financing is at the highest level of $1 million trillion, of which 700,000 dollars have been pledged.

This is a stylish shopping application based on the ipad platform, founder Chenhao Jay and Chen Junyu have previously had entrepreneurial experience, but also in the Amazon, Yintai, Dot Dot Network and other companies have worked. The two men met on a plane and decided to start a joint venture after talking about the ipad's potential for electricity.

Monogram can be regarded as a fashion electric business Flipboard, through the Amazon, Myhabit, Zappos, such as the public data interface of the United States to grab data information, and then a magazine picture class to show the user. Users can choose the specific style, style, brand according to their own interest, through Monogram to find the right product and then directly click to the original dealer website to buy.

After getting to know Marcum, Chenhao and Chen Junyu were able to come from Shanghai to Silicon Valley, rented a small apartment in Mountain View city, and were busy at the end of the day and night startups. On the show on demo Day is Chenhao Jay, Chen Junyu has returned to Shanghai to recruit more programmers to further improve product development. They plan to use the United States as a major market in the future and China as a research and development base.

Domestic Creation Shadow

Startups's eyes have always been to the global entrepreneurial market, but also to China as one of the most important entrepreneurial market, Marcum I have come to China many times. In this demo day event, Sina Technology also found many Chinese venture capitalists.

Innospring founder of Silicon Valley's first Sino-American business incubator, Zhang Yuqing not to come to see the excitement. Innospring has just announced the accelerator investment Project, which plans to select 10 growth-American entrepreneurial teams to provide 100,000 dollars in investment and a 6-month incubation session.

Zhang Yuqing to Sina Technology, said that he participated in the demo Day activities startups, on the one hand, to learn from learning activities, because innospring will hold the same activities in a few months, on the other hand also want to see if there is a suitable investment opportunities.

Looking for investment opportunities and from domestic VCs, Sina technology in the scene met with Albert Chan chairman and executive partner Zheng Weihe and IDG Capital partners over billion macros. Albert is the major domestic venture capital institutions, founded 12 years to set up 7 funds, management assets of more than 7.5 billion yuan.

PostScript：

Startups is headquartered in the Silicon Valley mountain City, the conference venue selected at the Microsoft Research and Development Center, and the north two blocks is Google headquarters. Whether they succeed or not, it may be a sunny day, like the weather in the Gulf of California, when they think back to the four months of Silicon Valley.