SVASE VC Breakfast with Hummer Winblad in San Francisco – Focus on Software as a Service
Bay Area, Startups April 28th, 2009
We’re in a deep recession, VC investments dried up, startups are shutting down and the World is coming to an end… or not?
I’m just back from a very lively Under the Radar conference where 32 startups presented and the audience was full of VCs looking for the next investment opportunity. Those who missed the UtR deadline, or just did not fit this event’s profile (Cloud Computing) will soon get another change at Launch Silicon Valley, co-presented by SVASE, Garage Technology Ventures and Microsoft.
In between these conferences there re are several smaller, more intimate events, like the SVASE VC Breakfast Club series. After a long time I’ll be back moderating the next breakfast meeting this Thursday, April 30st in San Francisco. As usual, this will be an informal round-table where up to 10 entrepreneurs get to deliver a pitch, then answer questions and get critiqued by a VC Partner. We’ve had VC’s from Draper Fisher, Kleiner Perkins, Mayfield, Mohr Davidow, Emergence Capital …etc. This Thursday’s VC is Lars Leckie, representing the first exclusively software-focused venture firm, Hummer Winblad Venture Partners.
These breakfast meetings are a valuable opportunity for Entrepreneurs, some of whom would likely have a hard time getting through the door to VC Partners. Since I’ve been through quite a few of these sessions, both as Entrepreneur and Moderator, let me share a few thoughts:
- It’s a pressure-free environment, with no PowerPoint presentations, live demos, Business Plans…etc, just casual conversation; but it does not mean you should come unprepared!
- Follow a structure, don’t just roam about what you would like to do, or even worse, spend all your time describing a problem, without addressing what your solution is.
- Don’t forget “small things” like the Team, Product, Market..etc.
- It would not hurt to mention how much you are looking for, and how you would use the funds…
- Write down and practice your pitch, and prepare to deliver a compelling story in 2-3 minutes. You will have about 8-10 minutes, the first half of which is your pitch, but believe me, whatever your practice time was, when you are on the spot, you will likely take twice as long to deliver your story. The second half of your time-slot is Q&A with the VC.
- Bring an Executive Summary; some VC’s like it, others don’t.
- Last, but not least, please be on time! I am not kidding… some of you know why I even have to bring this up. Arriving an hour late to a one-and-a-half-hour meeting is NOT acceptable, but we’ve had too many such incidents, so here’s a new rule: if you’re late by more than 20 minutes, you will not be allowed to join the session.
Here’s the event info page, and remember to register – the previous event with Hummer Winblad sold out in advance.
Tags: entrepreneurship, hummer winblad, launch silicon valley, startup pitch, Startups, SVASE, Under the Radar, UtR, utr09, vc Funding, venture Capital
Under the Radar: Call for Startups in Cloud Computing & Business Applications
Business, Collaboration, SaaS, Startups January 12th, 2009
Under the Radar is the Silicon Valley’s most established startup debut platform: a conference series organized by Dealmaker Media, covering business applications, social media, entertainment, mobility..etc.
The 11th Under the Radar conference in Mountain View, CA on April 24, 2009 will focus on Cloud Computing and Business Applications and the organizers have issued a CALL FOR COMPANIES to present.
The general criteria for all UTR events:
- Unique value proposition
- Ability to monetize product/business
- Large market opportunity
- Must still be considered "under the radar" – launched in 2008
- Company must be an actual startup – not a new product from a large company
Typically 32 finalists are selected, who will present in a rapid-fire format – they are grouped in categories of 4 each, in two parallel tracks and each presenter has about 15 minutes. They get grilled by the judges and audience, and at the end of the conference the winners of each category are announced. Categories for the April event are:
- Cloud Infrastructure
- Platforms
- Virtualization
- Saas
- Mashups
- Collaboration
- Communication
- Business Apps
- Development Tools (Utilities, OS, etc…)
- Mobile Office
- Semantics
- Commerce
- Social software/ networks
- Sync (online/offline)
If you’re building a startup, meet the criteria above, will have a real product / service out by April, don’t hesitate: APPLY.
See you in April!
(Cross-posted from CloudAve – to stay on top of Cloud Computing news, analysis and just our opinion, grab the CloudAve Feed here)
Tags: cloud computing, Collaboration, DealMakerMedia, entrepreneurship, glue, IBDNetwork, marketing, mashups, networking, SaaS, startup pitch, Startups, Under the Radar, UtR, vc Funding, venture Capital
Startup Entrepreneurs who did not make it to the recent 
This year’s
Under the Radar is the Silicon Valley’s most established startup debut platform: a conference series organized by
Zoli Erdos