Η ομιλία του Αρίστου Δοξιάδη στο Open Coffee Athens XVIII

Η ομιλία του Αρίστου Δοξιάδη, managing director της Notos Associates και ιδιαίτερα πεπειραμένου επενδυτή, έχει ήδη προκαλέσει αρκετή συζήτηση. Και η έκταση της συζήτησης αυτής είναι μάλλον ευθέως ανάλογη με τη σημασία των ζητημάτων και την ειλικρίνεια με την οποία αυτά προσεγγίστηκαν, τουλάχιστον από τη μεριά του επενδυτή. Εϊτε κανείς συμφωνεί είτε όχι, το video και οι διαφάνειες που ακολουθούν αξίζουν το χρόνο σας.


Φιλοξενείται από το Blogchannel.gr

Ομιλία Δοξιάδη

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Υστερόγραφο: Σε σχόλιό του ο κ. Δοξιάδης ανέφερε πως “δεν υπάρχει τίποτε πιο ελπιδοφόρο σε αυτή τη χώρα από το κοινό του opencoffee“. Οφείλω να ανταποδώσω, αναφέροντας πως η ελπίδα είναι πραγματικά ρεαλιστική, όταν συναντά κανείς ανθρώπους της ποιότητας και εμπειρίας του, με διάθεση ουσιαστικής υποστήριξης. Οι λεπτομέρειες της πρότασης που κατατέθηκε στο τέλος της ομιλίας του θα αναρτηθούν σε ξεχωριστό guest post του ιδίου, πολύ σύντομα.

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Athens Startup Weekend, the minutes

The following is a detailed account of the Athens Startup Weekend experience.

Friday Evening

  • Discussing ideas as people flock in the Microsoft Innovation Center. Familiar faces, new faces.
  • Andrew Hyde, the originator of the SUW meme, presents the idea in greater formalism. Out of several slides, I keep a single point that rings familiar: Fix it ! If you have a problem, don’t whine about it, go out and find a solution.
  • People are a little bit frozen when Andrew asks them to step up and pitch their ideas.
  • When the 3rd idea is heard, there’s a bit of a tipping point. The people watching, have had just enough time to cook up some ideas. They’re all pretty vague, but they’re plenty. The list just keeps growing, and growing and growing. This is fantastic !
  • It’s worth noting that, at this point, the people with tech ideas are openly mocking the people with non-tech ideas. Now we know we’re bound to see something interesting emerge out of this. This is so fun !
  • After listing all the ideas, a magic thing happens. People are split in functioning groups. What essentially just happened, is that when someone liked another person’s idea they approached them and asked to join. The amazing thing about this, is that there’s no arguing, no asking for CVs, no mistrusting, no nothing ! It’s rare to see such selfless self-organizing groups in Greece.
  • Once interest groups have formed, we’re out to discuss the details. Find out what the real problem is, rethink the way our business models work etc. The nice thing about the space is that we’re provided immediately with working spaces. There are round tables on all floors, extra monitors for those who can use them (Dell), and a free coffee vending machine (Loumidis). Above all, there are 3 separate WIFI networks courtesy of Wind. It’d be nice if they were more reliable though. We all experienced plenty of disconnections.
  • There’s also free food ! (Domino’s)

  • After several hours of brainstorming and solving common problems we call it a night. I think I speak for many others when I say I didn’t really sleep that night. More of twisting in my bed, thinking out the problem at hand.

Saturday

  • It’s early morning in Greek weekend time, which is to say it’s 10:30 am by the time most people start working again.
  • We’re all into coding frenzy. Problems that we couldn’t notice before start becoming obvious. We’re all in need of precious resources such as developers, designers and business developers that can write solid business plans.
  • The coffee machine is out of order. Hordes of sleepy-eyed, caffeine-deprived people cause a stampede as the news bleed out of the mess hall. This happens a bit too often, to the point that the hosts learn how to fix it. Ugh ! Thankfully there was an abundance of caffeinated soft drinks, chocolates of all kinds and potato chips. A perfectly balanced diet for any developer.
  • We have people floating around us. Guests include MBAs, Business Developers and Public Relations. We’re being offered free advice ! How nice is that ?
  • Things get much better when the lunch arrives. Plenty of pizzas (certainly more than we could eat), salads (just for looks) and some. People gather around food and keep debating on their products.
  • Friendly spying goes on with more or less obvious ways. People either come smiling and ask ‘What are you people working on and what’s your progress ?’ or eat suspiciously close to us. For the record, the straightforward approach gave us and the others the best results. In the future, just come and ask.
  • As the day ends, we all realize that it was much less productive than we had anticipated. We all set our goals to optimistic, and didn’t prepare for a fallback plan. A lot of work remains for day 3, while some of us decide on what to cut off immediately.
  • By now most people have decided on their site structure (yes we are all web based) , aesthetics and so on.

 

  • Andrew calls it a day, gathers us up and makes some final suggestions. Among them is to take up the names of our services in every online outlet that we can.
  • Everyone comes back from the meeting thinking that they can still work. The truth is that we’re exhausted though. We all just finalize our work, check our emails and go home.

Sunday

  • Everyone is early this morning. There is an obvious anxiety in the air. Everyone is finalizing the details of their product. Whether it’s code deliverables or pure business plans everyone is trying to put the final pieces together.
  • Some groups are almost over with their work. In their wisdom, they actually picked projects that could actually be delivered in the given timeframe. Two groups are even accused of having brought over their half finished projects to make an impression. The Open Coffee intelligence services though can actually verify that this couldn’t be more detached from the truth.

  • Lunch time. People agree that the buffalo sauce chicken wings look suspicious. Evidence suggests that those who could stomach them were actually robots !
  • Back to work. Everyone is in a frenzy to finish the last bits of work. A magic thing happens though. People are seeking and getting help. Our team was benefited twice and offered as much help. Especially since we were blessed with a designer.
  • Guests are again floating around. Venture capitalists that are previewing the running projects before the final judgment. Also lawyers which actually provided resolve in two groups that had doubts about their work. The event is really well organized.
  • Everything is in final order. We are ready for the presentations. Some of them are quite good, some or them plain bad. A single one is outright offensive. Every single one of the presentations though are spirited and delivered with their creators’ love.
  • VCs and rest of the judges leave for the top floor. Whispers are heard and phones ring.
  • It’s time to announce the winner.

pettycards_logo won !!!

Pettycards is a system and logical device for making micropayments by using prepaid cards that are attached to your cellphone. A really great idea, and one of those that in our humble opinion stood out of the rest from the first moments.

There is ofcourse a bittersweet feeling. Every contestant would feel that their baby is prettier than those of the others. Still the pettycards project won fair and square.

Advice to the rest: Don’t be dissapointed. Your idea just didn’t fit the profile of the VCs. Keep working on it, add more value, and you will either have a successful product on it’s own, or justify an investment.

Aftermath

The experience overall was just great. Everything in the hosting department except for WIND’s wifi was very finely tuned. Congratulations are in order Andrew Hyde for delivering the idea, and Alexandros Pagidas for bringing Andrew here. For the hosts, I’ll quote Pagidas, who said that the reception in part of the Innovation Center changed his perception of Microsoft, later explaining that he expected at least some rules about incorporating Microsoft’s software in the startups being built. I think that’s true for many of us. Congrats are also in order for Patrick and Lydia for really providing assistance and catering to our needs. Finally a congrats are in order for the GIVE foundation. The promise of a 20.000 € investment, which was after all a significant drive for the competition and excellence of the projects.

You can also see the viewpoints of others that attended the event, such as John Nousis’, Dimitris Athanasiadis, Alex Georgiadis, George Tziralis, Stavros Messinis . Please leave a comment if you were there, we’re still trying to backlink as many of you as possible.

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Athens Startup Weekend: brief recap

Athens Startup Weekend logo
Athens Startup Weekend

So the Athens Startup Weekend came and went and I think it’s left a most positive impression to everyone involved and about all its aspects. Andrew and Alexandros were there with us to show us how starting simply from an idea you can turn it into a startup within 2.5 days. Patrick and Lydia from Microsoft which hosted the event in the offices of the Microsoft Innovation Center made sure all our technical and maintenance (i.e. food and drinks) needs were met – thank you both for that! Apart from the participants, a number of people with a background on business, law and PR (as well as a few possible funders) were also invited to contribute their expertise to the event – ensuring each team had access to all the disciplines necessary to make their product work. And of course, everyone collectively contributed to create an excellent atmosphere choke full of creativity, ideas, positive vibes, effectiveness and above all results.

Speaking of which. the startups that presented in the end were the following:

  1. pettycards allows micropayments using mobiles and scratch cards
  2. howsocial.ru calculates the total social impact of individuals in a number of online communities
  3. Digital Rights Protection collects all legal data on various worldwide legal systems and allows search for patents aiming to help interested parties look for infringements
  4. rentawife.gr outsources household chores to others so you can regain your quality time
  5. blognudge allows you to put a button on your blog so that people can suggest that you should write something and perhaps include a topic or send you a donation
  6. mobcommerce.com allows e-commerce store owners to create mobile stores automatically
  7. freecycling FB app helps people organise giving of stuff they don’t want to people who ask for them instead of throwing them away
  8. mydoulapa FB app organises your wardrobe and allows you to donate some items to charity while fashion houses can also create an identity in it and tap their demographic of interest
  9. beeshopper presents an array of e-shops in a single interface categorised per field
  10. uArt looks like a deviantArt clone… only with a monetisation model for the artists’ works
  11. betcafe is an online gambling site

And of course we’d like to wish all the best to pettycards who managed to stand out from the rest and attract the promise of the GIVE fund to take a closer look in their project and hopefully invest seed money in them. Congratulations guys! And congratulations to all who participated and helped make the weekend a success.

(Tag for content on twitter, flickr, YouTube, etc is #asw – and sometimes #aws)

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RIP: Good old times

Below we have slides presenting two very different viewpoints on the recent perceived crisis and subsequent second .com bust. We find them extremely insightful

Sequoia on the first pack is one of the largest technology funds in the world. They generally push for extreme development of a business and have huge successes under their belt, such as Google, Yahoo! and countless others.

The Whiner Jerkins is actually a fake. I’d like to point out that there exists no Whiner Jerkins. I know that everyone’s talking about it as if it were real but it’s not. It’s a deck of slides made by a Matt Maroon, which is actually very insightful and self-sarcastic.

All Hands Meeting, by Whiner Jerkins, link in Scribd

All Hands Meeting, by Whiner Jerkins, link in Docstoc

Personally I just feel vindicated over the countless arguments I’ve had on how popular Hulu would become and how fragile Seesmic’s business model is. Let us also keep in mind that while Youtube was snatched for an obscene amount of money from Google, it was never profitable, and one can argue that it will never be.

That does not go to say that these companies haven’t successfully transformed our perception of the web, or that they didn’t innovate. Just that business success ended up being an entirely different matter.

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Stream 08 Presentation [updated]

Below you can watch the slides from the Stream08 conference held at Marathon. Stream was a marketing focused unconference but attracted a great deal of web personalities and investors.

Our presentation was a (successful) attempt at taping on the power of the collective mind, and finding ways to improve the perceived problems here.

The presentation was intro-ed by George Tziralis, first part by Dimitris Athanasiadis and second by Georgios Kasselakis.


As always, negative comments are the most useful ones.

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Διαγωνισμός Innovative Ideas in Central Macedonia 2008

Χτες μόλις έφτασε στο email ένα link για αυτόν εδώ το διαγωνισμό. Σκοπός του διαγωνισμού – όπως διαβάζουμε στο site, είναι η ανάδειξη των 10 καλύτερων επιχειρηματικών ιδεών και η  βράβευση των 3 συγκριτικά καλύτερων business plans προερχόμενα από την γεωγραφική περιφέρεια της Κεντρικής Μακεδονίας.

Ο διαγωνισμός έχει ξεκινήσει από 19/9 και λήγει στις 6/10 – άρα υπάρχει χρόνος να κατατεθούν οι 5 σελίδες περιγραφής και υποστήριξης μιας καινοτομικής ιδέας. Άλλωστε υπάρχει επιπλέον χρόνος αν είναι να πιστέψουμε αυτό:

Αναφέρεται πως με βάση τον αριθμό και την ποιότητα των αρχικών ιδεών που θα αποσταλούν στον Α’ κύκλο, παραμένει ανοικτό το ενδεχόμενο η επιτροπή αξιολόγησης να εξετάσει και τη συμμετοχή άλλων καινοτόμων επιχειρηματικών σχεδίων που τυχόν θα υποβληθούν στη διάρκεια του Β’ κύκλου του διαγωνισμού «Innovative Ideas in Central Macedonia 2008»

Το βραβείο για τις καλύτερες ιδέες δεν είναι άμεσα χρηματικό αλλά αντίθετα περιλαμβάνει πρώτον συμμετοχή σε σεμινάρια σχετικά με την καινοτομία, την επιχειρηματικότητα και γενικά το πως μπορεί να γίνει πράξη η ιδέα. Επιπλέον, και σημαντικότερα σημαίνει την έναρξη της κάπως ασαφούς διαδικασίας “προώθησης και δικτύωσης” προκειμένου η ιδέα να χρηματοδοτηθεί.

Όσοι πιστοί προσέλθετε…

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