What we are doing here at BootstrapLabs now

We have been updating our website this week to better describe what we are doing right now, and where we are going.

Basically we are offering an entrepreneurial eco-system where we can take ideas in the Business Lab, test them and term the best ones into Startups, and them accelerate their development, and then expand them quickly, through our BootstrapAccelerator , where we offer two different programs depending on the stage the company is in.

This allows us to launch many ideas at once and turn the best of them into companies, attracting the human and financial capital necessary to bring them to market.

We are actively engaged with matchmaking business opportunities, partners and exit opportunities for the companies in our system.

We are tapping into the vast experience of our network of experienced Silicon Valley Entrepreneurs to build our Accelerator business, and during this fall we will be able to offer everything from space, to rapid acceleration of the learning go-to market cycles to internationalization and scale-up for more established companies coming to the US.

Prezi close VC-round and establish advisory board with Twitter founder Jack Dorsey

21st of June, San Francisco. For immediate release.

BoostrapLabs client Prezi, Inc closed a series A-round from Danish VC SunStone Capital. At the same time Twitter founder Jack Dorsey is coming onboard as an advisor to Prezi, to assist Prezi

BootstrapLabs has been working with Prezi since February this year; advicing the founders and helping establish strategy, roadmaps, funding and advisory members for it’s US establishment, and this week it is official that:

  • Prezi, Inc has been established and Prezi now has it’s head company in the US (Silicon Valley).
  • Prezi, Inc has closed an funding round from danish VC Sunstone Capital to further accelerate the company’s product development and international roll-out.
  • TED is investing in Prezi, Inc.
  • Jack Dorsey, co-founder of Twitter, Inc (and the originator of the idea), is coming onboard as an advisory board member to advise Prezi on matters ranging from fund raising to
    technological development.

TechCrunch wrote about the funding round and there is more information on the Prezi blog as well.

State of the European VC industry

TechCrunch reported on the state of VC funds in the UK. The funds are running out of money, and do not have much sources for filling them. The estimated total available VC funding is at par with Marc Andreasen’s single fund. When keeping in mind that UK has had one of the more virbant VC sectors in Europe, and the rest of Europe might not be far behind this development.

BootstrapLabs is here to help your company (or your fund’s portfolio companies) get to Silicon Valley; get traction here and grow in the best entrepreneurial eco-system in the world.

Contact us fore more information.

Andreessen Readies a New Venture Capital Firm

The Silicon Valley star’s company has attracted lots of interest, and $300 million. Can he deliver with his innovative approach?

This is a structured angel funding approach that might work very well, see the video and read the whole Business Week article here.

Arctic Startup about Witsbits

Arctic startup’s Paula Marttila article about Witsbits not too long ago:

Witsbits, a Swedish startup company, is the first and so far only actor in the Nordic and Scandinavian region providing cloud computing services. They started already in 2004, in the era when cloud computing still was called utility computing. The journey into cloud computing began in 2003 when running Render Planet, an automated render farm service offering free, remote, distributed rendering over the Internet.”

Read more here.

Witsbits to go-to the USA with BootstrapLabs

23rd of June 2009 San Francisco and Göteborg. For immediate release, Witsbits has entered into an agreement with San Francisco based BootstrapLabs to establish US presence.

Setting up US presence is the first step of an extensive agreement between Witsbits and BootstrapLabs. BootstrapLabs is additionally to provide Witsbits with advisory and strategic planning, secure an initial round of funding from early-stage investors and to prepare for a US market entry and scale-up.

“Witsbits provides a very exciting opportunity for Hosting and DataCenter companies to quickly get on-board the Cloud Computing race. Witsbits has the right product in a market that is just opening up, and growing very quickly and I see great opportunities for Witsbits in the US and Silicon Valley, the majority of all web based services in the world is being hosted in the US, and thus the majority of the target customers for Witsbits are here in the USA.
– says Nicolai Wadstrom, CEO and founder of BootstrapLabs.

USA is the world’s biggest market for hosting web services and with a US presence, we are able to pursue that market. BootstrapLabs allows us to quickly set up presence in the Silicon Valley to capitalize on business opportunities and to be closer to future funding partners. With the momentum and reception we’ve received from our recent launch we believe we will quickly create an impact on the US market.”

– says Mikael Lirbank, CEO at Witsbits.

Witsbits (www.witsbits.com) is a cutting edge cloud computing software company. Witsbits offers a turn-key Cloud Computing platform called Go-Cloud, that includes everything from management, billing to monitoring and allows Hosting and Data center companies to quickly start to offer coud computing to their customers with the infrastructure they already own.

BootstrapLabs (www.bootstraplabs.com) is a Silicon Valley Business Lab and out-post, founded and run by Swedish serial Entrepreneur Nicolai Wadstrom. BootstrapLabs allows European companies to quickly and efficiently get an entry to the US market and Silicon Valley in particular. BootstrapLabs can help early stage companies that are in a commercialization phase and ready to go-to market to establish themselves in Silicon Valley, scale up, find licensing and partnership opportunities as well as funding and exit partners.

For more information contact:
Mikael Lirbank, CEO, Witsbits, +46708309588, mikael@witsbits.com
Nicolai Wadstrom, CEO/Founder, BootstrapLabs, +1 (415) 935 1469, nicolai.wadstrom@bootstraplabs.com

ArcticStartup.com writes about BootstrapLabs

ArcticStartup.com’s Paula Marttila wrote about BootstrapLabs today. Great article, and really sums up what we are looking for here at BootstrapLabs (and our excitement about Prezi!)

If you are a Scandinavian startup or interested in Scandinavian startups, vc’s and Entrepreneurship, make you follow ArcticStartup.com, which I think is very well on it’s way to become Scandinavia’s version of TechCrunch.

Pressrelease – Prezi to go-to the US with BootstrapLabs

28th of April 2009 San Francisco, Stockholm and Budapest. For immediate release, Prezi has entered into an agreement with San Francisco based BootstrapLabs. to help Prezi establish a US presence.

This is part of an agreement between Prezi, BootstrapLabs and CrossConnect, to provide Prezi with advisory and strategic planning and help Prezi establish a senior advisory board, secure an initial round of funding from business angels, and to reach cash flow positive within 12 months, and prepare for a US market entry and scale-up.

“Prezi is one of the most exciting companies I have worked with during my 13 years as a serial Entrepreneur, and I see great opportunities for Prezi in the US and Silicon Valley, and I think that Microsoft and Google should watch Prezi closely, because Prezi is disrupting the way we present information.”
– says Nicolai Wadstrom, CEO and founder of BootstrapLabs.

“Prezi stands out as an combination of exceptional innovation within the area of user-interface technology combined with an almost unlimited market potential. Prezi will change the way people make their presentations and the way we present and interact with information on the web; both for businesses and individuals”
– says Magnus Bergman, CEO and Partner at CrossConnect.

“USA is the world’s biggest market for presentation tools and we need to capture the strong interest we are seeing in our products. BootstrapLabs allows us to quickly set up presence in the Silicon Valley to capitalize on business opportunities and to be closer to future funding partners. And with the momentum and reception we received from our recent launch we believe we will quickly create an impact on the US market.”

– says Peter Arvai, CEO at Prezi.

Prezi (www.prezi.com) is a leading provider of a new zooming presentation technology. It allows presenters to move beyond the slide-by-slide approach and to simply create amazing non-linear presentations. Prezi launched it’s product 5th of April 2009 after a year of a closed beta period.
This week Prezi also won the award “Most likely to succeed” by the Swedish angel investor network Connect Sweden (East), which gives the company access to a a large number of business angel investors.

BootstrapLabs (www.bootstraplabs.com) is a Silicon Valley Business Lab and out-post, founded and run by Swedish serial Entrepreneur Nicolai Wadstrom. BootstrapLabs allows European companies to quickly and efficiently get an entry to the US market and Silicon Valley in particular. BootstrapLabs can help early stage companies that are in a commercialization phase and ready to go-to market to establish themselves in Silicon Valley, scale up, find licensing and partnership opportunities as well as funding and exit partners.

CrossConnect (www.crossconnect.se) is a management and technology-consulting firm that advise leading technology and service intensive companies in strategic planning and operations management. The partners at CrossConnect are serial entrepreneurs with a strong track record of building successful businesses within the area of information technology, telecom and digital media.

For more information contact:
Peter Arvai, CEO, Prezi, +36 703 403070, peter.arvai@prezi.com
Nicolai Wadstrom, CEO/Founder, BootstrapLabs, +1 (415) 935 1469, nicolai.wadstrom@bootstraplabs.com
Magnus Bergman, CEO/co-founder CrossConnect, +46-7066 417 00, magnus.bergman@crossconnect.se

IDG’s InternetWorld interview with BootstrapLabs founder

Internetworld published an article today about bootstrapLabs, although in Swedish: InternetWorld article by Miriam Olsson


If you don’t read Swedish Google Translate can (kind of) help: Translation according to Google Translate