LPLA Intro to LA Startup Community - web version.pdf

Transcript

1. 1 INTRODUCTION TO THE LOS ANGELES START UP COMMUNITY Sam Teller Managing Director Launchpad LA GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY
2. 2 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I THANKS THANKS •  General Assembly •  Matt Brimer •  Steve Schlafman •  Kyle Taylor
3. 3 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I SAM TELLER @samteller | steller@launchpad.la
4. 4 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I LAUNCHPAD LA o  Mentorship Program (2009-11) •  23 Companies o  Accelerator (2012) •  18 Companies o  Total (2009-12) •  41 Companies •  $86m+ in venture financings •  20+ VCs have financed Launchpad LA deals •  $60m+ in exits o  Launchpad.LA LAUNCHPAD LA | @LaunchpadLA
5. 5 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I DISCLAIMER DISCLAIMER •  I do not know everything about LA tech •  I did not purposefully make omissions •  I could not include every person and business
6. 6 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I HOW IT IS DEFINED WHAT DEFINES AN ECOSYSTEM? •  Startups •  Talent •  Investors •  Mentors •  Partners •  Service Providers
7. 7 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I WHO THEY ARE NOTABLE LA STARTUPS •  Beachmint •  Big Frame •  Burstly •  Chill •  Datapop •  DocStoc •  Dollar Shave Club •  Factual •  Fullscreen •  GraphEffect •  Gravity •  GrubWithUs •  GumGum •  Honest Company •  IntelligentBeauty •  Machinima •  Mahalo •  Maker Studios •  Nasty Gal •  NationBuilder •  Oblong Industries •  Onestop •  Pose •  Riot Games •  Scopely •  Shoedazzle •  Space X •  ThinkNear •  Viddy •  Wittlebee •  ZEFR •  ZestFinance Look, they’re all around you.
8. 8 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I WHO THEY ARE THE LA STARTUP MAP SANTA MONICA VENICE HOLLYWOOD DOWNTOWN CULVER CITY
9. 9 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I WHO THEY ARE Represent.LA
10. 10 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I WHO THEY ARE NEIGHBORHOODS Downtown LA (+ Pasadena) •  Art district / fashion / financial •  Incubator and co-working space
11. 11 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I WHO THEY ARE NEIGHBORHOODS Hollywood / West Hollywood •  Content Capital •  Digital Media •  Celebrity / Agencies •  Coworking Space
12. 12 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I WHO THEY ARE NEIGHBORHOODS Culver City •  Downtown Culver City •  Sony Pictures lot •  Affordable Rent
13. 13 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I WHO THEY ARE NEIGHBORHOODS Venice •  Venice Boardwalk •  Muscle Beach •  Coworking Spaces •  Google Campus
14. 14 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I WHO THEY ARE NEIGHBORHOODS Santa Monica •  Center of tech community •  Yahoo Center •  3rd Street Promenade •  Coworking Spaces
15. 15 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I FOUNDERS FOUNDERS
16. 16 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I TALENT TALENT Universities
17. 17 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I TALENT TALENT Design Schools
18. 18 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I VENTURE CAPITAL VENTURE CAPITAL Double M Capital
19. 19 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I VENTURE CAPITAL VENTURE CAPITAL Anthem Venture Partners •  Bill Woodard •  Brian Mesic •  Mike Murphy •  Samit Varma Baroda Ventures •  Peter Lee Clearstone •  Bill Elkus •  Jim Armstrong Crosscut Ventures •  Rick Smith •  Brian Garrett •  Brett Brewer DFJ Frontier •  David Cremin •  Scott Lenet Double M Capital •  Mark Mullen Greycroft •  Dana Settle GRP Partners •  Brian McLoughlin •  Steven Dietz •  Mark Suster •  Yves Sisteron MK Capital •  Mark Terbeek •  Yair Landau New World Ventures •  Matt McCall Rincon Ventures •  Jim Andelman •  John Greathouse Rustic Canyon •  Nate Redmond •  David Travers •  Neal Hansch •  John Babcock Siemer Ventures •  David Siemer •  Eric Manlunas
20. 20 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I VENTURE CAPITAL VENTURE CAPITAL Source: PWC Money Tree Report $248 $345 $447 $617 $451 $550 $570 $537 45 52 48 64 67 52 64 64 Q3'10 Q4'10 Q1'11 Q2'11 Q3'11 Q4'11 Q1'12 Q2'12 Chart Title $ Funding (M) # of Deals LA VC investment and deal volume trend (last 8 quarters)
21. 21 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I VENTURE CAPITAL VENTURE CAPITAL $2.1B Total VC Funding the LA Metropolitan Region received in 2011, a 23% increase from 2010. é +23% Source: PWC Money Tree Report $570.8 M 64 DEALS Total VC funding (for all sectors) in Q2 2012 in the LA Metro area. In Q2 2012, LA Tech VC funding totaled $159.7 M OVER 21 DEALS a 90% increase of LA tech VC funding from Q1 ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ ✓ } é +96% 2009 - 2011 Growth in $ invested in LA from 2009 - 2011
22. 22 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I ANGEL GROUPS ANGEL GROUPS
23. 23 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I ANGEL INVESTORS ANGEL INVESTORS Clark Landry Brian Lee Paige Craig Tom McInerney Kamran Pourzanjani Jarl Mohn Jason Calacanis Ashton Kutcher
24. 24 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I ACCELERATORS ACCELERATORS Amplify – http://amplify.la Launchpad LA – http://Launchpad.LA Mucker Lab – http://muckerlab.com Start Engine – http://startengine.com Idealab – http://idealab.com Science – http://science-inc.com
25. 25 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I ACCELERATORS Acquired by AMEX Acquired Acquired by OVGuide Acquired by InformedDNA Acquired by Adenyo Acquired by Chegg Acquired by Forbes (2 acquisitions not yet public) CLASS 1 & 2
26. 26 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I ACCELERATORS CLASS 3 & 4
27. 27 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I ACCELERATORS
28. 28 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I ACCELERATORS
29. 29 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I ACCELERATORS
30. 30 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I INCUBATORS
31. 31 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I INCUBATORS
32. 32 COWORKING SPACES GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I COWORK Coloft – http://coloft.com Nextspace (@ Amplify LA)– http://nextspace.us BlankSpaces – http://blankspaces.com CrossCampus – http://crosscamp.us Working Village – http://workingvillage.com io/LA – http://iola.la
33. 33 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I SERVICE PROVIDERS •  Cooley LLP •  DLA Piper •  Stubbs Alderton & Markiles, LLP •  LKP Global Law, LLP •  Gunderson Dettmer •  Fenwick & West LLP •  CyberCoders •  Safire Partners •  Jim Jonassen & Associates •  Kinetic Sourcing •  Cresa Partners •  Cushman Wakefield •  Avison Young SERVICE PROVIDERS Legal Hiring Real Estate
34. 34 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I PARTNERS •  Warner Brothers •  Disney •  Sony Pictures •  Paramount Pictures •  Fox Studios •  NBC Universal •  Dreamworks •  Lionsgate •  MGM •  Relativity Media •  The Weinstein Company •  Shine America •  One Three Media •  Dick Clark Productions •  Ryan Seacrest Productions •  Electus •  Magical Elves •  Bad Robot •  Vuguru •  BermanBraun •  Fremantlemedia •  Anonymous Content •  CAA •  WME •  UTA •  ICM •  Paradigm •  Management 360 •  3arts •  Mosaic HOLLYWOOD PARTNERS Studios Agencies Production Companies Management Companies
35. 35 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGLES STARTUP COMMUNITY I TECH BEAT TECH BEAT Michael Carney PandoDaily Lori Kozlowski Forbes.com Ryan Lawler TechCrunch Benjamin Kuo SoCal Tech Tara Brown Forbes.com Amanda Coolong Techzulu Andrea Chang LA Times Ilya Pozin Fast Company
36. 36 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I WHAT YOU THINK COMMON MISCONCEPTIONS
37. 37 COMMON ROLES •  Front-End Developer (CSS,HTML) •  Back-End Developer (Ruby, Python, Java) •  UX/UI Designer (inDesign, Photoshop) •  Product Manager (Light Front- End Developer, Design) •  Business Development (Sales, Partnerships) •  Marketing/User Acquisition (Email Marketing, Social Media, SEO, Data Analytics) •  Data Scientist (Hadoop, Matlab, SQL) •  Sales (Willingness to find and follow leads) •  Community Management (Social Media) •  Operations (Customer Services, Office Management) •  Other roles depending on vertical GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I WHAT YOU COULD DO
38. 38 DO. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I WHAT YOU SHOULD DO •  Learn the lexicon and how to best position your skillset •  Make it easy for people to help you •  Think long and hard about what kinds of environments best suit you and seek those out •  Roll up your sleeves and learn new skills •  Remain humble and figure out ways to give back to the community even when you’re a giant success
39. 39 DON’T. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I WHAT YOU SHOULD NOT DO •  Think everyone knows something you don’t •  Be afraid to ask for help, guidance, and introductions •  Hesitate to offer whatever it is that YOU do best •  Get discouraged
40. 40 HOW DO I GET STARTED? ASK YOURSELF (BE HONEST): GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I FIRST STEPS •  What am I passionate about? •  What types of environments suit me? •  What am I good at? •  What part of the tech community best matches up to my passions and skills? •  How do I best hone these skills and communicate them to others?
41. 41 READ. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I READ PandoDaily — http://pandodaily.com TechCrunch — http://techcrunch.com Chris Dixon — http://cdixon.org Fred Wilson (A VC) — http://avc.com Mark Suster — http://bothsidesofthetable.com BetaBeat — http://betabeat.com Paul Graham’s Essays — http://paulgraham.com Hacker News — http://news.ycombinator.com VentureHacks – http://venturehacks.com General Assembly — http://generalassemb.ly/blog
42. 42 EMAIL. GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I EMAIL •  Be concise •  Don’t be afraid to follow up •  Don’t ask for lots of time •  Don’t ask someone to lunch •  Make your ask clear •  Try to have a hook •  Don’t ask bad questions
43. 43 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO •  Sign up for event newsletters •  Attend meet ups, happy hours, panels, and classes •  Learn how to code / design •  Go to hackathons and Startup Weekends •  Take interesting people you meet out for coffee •  Be useful – make introductions, give feedback, help people you meet, keep an open mind •  Blog about our experiences and adventures •  Engage on Social Media GO.
44. 44 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO STARTUP WEEKEND
45. 45 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO CREATIVE MORNINGS
46. 46 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO MEETUPS
47. 47 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO MEETUPS
48. 48 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO MEETUPS
49. 49 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO MEETUPS
50. 50 NEWSLETTERS GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I NEWSLETTERS Startups Uncensored – http://startupsuncensored.com Startup Digest — http://startupdigest.com Digital LA - http://digitalla.net Launch Ticker— http://launchticker.com Dealmaker – http://dealmakermedia.com General Assembly — http://generalassemb.ly/locations/los-angeles
51. 51 GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY I GO EDUCATION
52. 52 THANK YOU. Sam Teller @samteller @launchpadla steller@launchpad.la GENERAL ASSEMBLY I INTRODUCTION TO THE LOS ANGELES STARTUP COMMUNITY Questions?