Google Root Access: How to choose technology to maximize funding, with investor Bootstraplabs

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Google interview BootstrapLabs founder on how you apply technology impacts investment criteria and building startups.

Prezi raises $57M growth equity round, BootstrapLabs portfolio follow-on funding pass $90M

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preziOur portfolio company Prezi, that has been eating away at Microsoft’s Powerpoint and Apple’s Keynote market shares for the last few years, is poised to become a far more mainstream product than some might have previously thought. It’s making two major announcements today.

The company announced this week on stage at Slush in Helsinki — that it has secured a $57M growth investment lead by Spectrum Equity, a growth private equity firm.

Prezi has passed the 50 million users mark, nearly doubling its user base in the past twelve months, and is attracting roughly 55,000 new users every day. Those users have now created 160 million ‘Prezis’ to date, allowing it to justifiably call itself the world’s largest publicly available database of presentations. By contrast Slideshare has only 15 million presentation. Prezi now employs 70 people in its San Francisco office, and 180 in its original home town, Budapest, which, in part thanks to them, has become a buzzing ecosystem for startups and innovation in Europe.

CEO and co-founder Peter Arvai says Spectrum has “a long term perspective, just like we do” which hints at his plans to take the platform to the next level.

Victor Parker, managing director at Spectrum Equity says they were attracted to the platform because it is “quickly becoming the preferred application for businesses, entrepreneurs and educators” and were impressed by its “growing user base and content library” as well as its “compelling business model”.

“We want to help make two billion people make better decisions,” he says. It’s not often you meet entrepreneurs quite so focused on their product, but Arvai is the archetypical product-focused startup founder, who delights in talking about his product, his team and his company.

Humans don’t just think in a logical, chronological order, they also think spatially. It’s so much easier to recall information if you can remember where it sat in relation to something else, whether that be location or by spacial association within the context of a story.

So it was that Prezi’s interactive, zoomable canvas which could show the relationships between a big story and the finer details, that created such waves in 2009.

This also means that follow-on funding for BootstrapLabs’ portfolio companies pass $90M.

Innovation is NOT that single break-through idea

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Innovation Road Sign with dramatic clouds and sky.

Innovations are often thought of something that is coming from a single disruptive or break-through idea. But in reality innovation is more like “ideas having sex” – it is just like the genes that merge to create a new set of genes. Innovation is created through memes that meet and combine into new memes.

This is why innovation thrives in places like Silicon Valley where there is an open mindedness, open doors and where different cultures and disciplines meet to a large extent.

This is also why BootstrapLabs has a global outlook and is searching the world for smart and talented founders in order to increase the cross-pollination that fuels innovation. That is why we evolve around our core in Silicon Valley while we have a deep engagement and comittment all over the globe.

Today we see that ~ 60 % of the successful founders in Silicon Valley were not even born in the US. This make us confident that BootstrapLabs Venture Capital model to scout the world for the most talented founders (and not just Silicon Valley) to empower them to build global companies is the best way to find the most exciting and disruptive ideas.

At Steve Blank's Request: Here is BootstrapLabs' Go Global Startup Playbook

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globalplaybookSteve Blank recently published an interesting post called: Born Global or Die Local – Building a Regional Startup Playbook. I have to say that I loved the first part of the title as I often make the point that today, startups have to think Global because while they can go and market their product anywhere on the planet, startups from anywhere on the planet can come compete in their local market.

I often site the example of Cyworld, a now defunct Korean social network that launched a Facebook-like service 2 years before Facebook ever existed, was used by the majority of people in the country…yet, died within 12-18 months after Facebook entered Korea. Koreans were seating on the global social network revolution but never realized (or cared) to think that maybe other people around the world would want to use a similar service.

As you can see in the comment section of Steve Blank’s blog, I was not in full agreement with some of his point, or maybe we were in agreement and I just mis-interpreted it as it seems he was just putting a “straw-man” out and awaited for the community to engage and share their own best practices. At his invitation, I shared what I like to call BootstrapLabs’ “Go Global Playbook” for (tech/software) startups and here is the outline of the post (which can also be read on Steve Blank blog).

If you are a founders with differentiated products and technology and have the passion, drive and ambition to build a global company, no matter where you are from or currently located in the world continue reading:

  • Ask yourself why you want to build this business?
  • Ask yourself how big is the opportunity/market?
  • Ask yourself if your goal is to support yourself and your family or making a dent in the universe (and hopefully achieving the former at the same time)?

If the later, keep on reading:

  • Assemble a kick-ass team that can code, design, hustle
  • Be confident about what you know, humble about what you don’t
  • Fall in love with the pain point you want to solve, not the solution
  • Learn, live and breathe lean startup mindset, methodology
  • Add a bit of Innovation Jugaad spirit (“do more, with less, for more”)
  • Build MVP, validate problem/solution fit with happy(ish) customers/users
  • Raise a bit of capital/seed/love money if you must but don’t mess-up your cap table with silly deals as it will kill your chances of future success faster than you can pronounce “Series A”.
  • Be very vary of early large customers offering you money for your product in exchange for customization. This may end up killing your dream of scaling globally and unfortunately a pattern we detect in every ecosystem outside of Silicon Valley given the lack of follow-on funding options…startups end up scarifying the scalability of their product in exchange for early revenue.

If you want to scale and haven’t given up on your dream to make a dent in the universe, keep reading:

  • Ask yourself: is my product/market/solution global or regional. Say is it “Africa for Africa” or “Middle East for Middle East”; am I a “me too” of something that already exist in Silicon Valley or elsewhere?

If answer is yes, you should probably stay local and find (local) capital that cares about this market and opportunity. If answer is no and you are differentiated, if your product has global potential, if you users/early adopters are somehow already in the US (and curiously in the Bay Area), then do as follow:

Contact me or Nicolai at BootstrapLabs to confirm all of the above. Worse case scenario we could save you a lot of expenses, disappointment and headache by telling you that you are probably best off staying where you are…If we think you are indeed pretty amazing, we will do the following things together:

  • Invest some seed capital in your company to give you some boost and Silicon Valley social proof
  • Reincorporate your company in Delaware
  • Convert your local company into a wholly-owned subsidiary so you can hire talented developers in your home country (in-sourcing) and not have to compete for engineers with Facebook, Google, Twitter, etc.
  • Coordinate corporate, immigration and tax attorney to make sure you can secure a long term visa so you can stay and work in america, build your startup
  • Work side-by-side, day-in and day-out to achieve first product market fit, then scalable product market fit in the next 12 months.
  • Open all the relevant doors in our network to accelerate your iteration loop/information flow and attach the right skill sets and people to your founding team.
  • Upon successfully raising your Series A round in Silicon Valley, we will help you think about leveraging (our) global grass-route network across the globe sooner rather than later to scale back to the world from here, otherwise companies like RocketInternet and other clone factory will do it for you.

People say “Silicon Valley is a state of mind more than it is a place”, I would agree but for that very reason, it will take decades for other ecosystems to “change their mindsets” and be more like Silicon Valley.

In conclusion, my best advise for founders that want to go global (and have all the right stuff per the above), come to Silicon Valley sooner rather than later, get adopted by this amazing ecosystem and scale back to the world from here with deep pocketed, patient, smart investors on your side.

The journey is not an easy one but I guarantee one worth living for and BootstrapLabs is there to help you along the way.Here you can find a related Prezi why “Your startup will fail to go global unless…”.

 

Ben Speaks @ East Meets West Conference – Hawaii Nov 5-7, 2014

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How hard can it be for us to convince you…it’s in Hawaii people! Come attend this great event where US, Japanese, Korean and Chinese startups will meet global minded investors and battle it out to penetrate each others’ market. Ben Levy, co-founder of BootstrapLabs, will speak on the Opportunities and Headaches of Cross-Border Investing, alongside Rui Ma @500Startups (US/China), Jay Onda @Docomo Capital (US/Japan), Wilton Chau @Hong Kong Angel Group (HK), Tak Miyata @SCRUM Ventures (US/Japan) and many others.

Register here to attend. RT Ticket to Hawaii are quite affordable during that period too.

EMW

What can Emerging (Asian) Leaders learn from the Startup Revolution?

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BootstrapLabs spoke to a group of Emerging Leaders Fellow  on technology empowerment, lean governments and late adopters’ opportunities at The Asia Foundation round table last September. With offices in South East Asia and Korea, BootstrapLabs has a a strong pulse on cultural differences, opportunities and challenges in the region, and believes Asia has been and will remain a key geographic area for growth, innovation and investment opportunities.

Click here to learn more about The Asia Foundation and its Emerging Leaders Fellowship

Who needs a Bank anymore? Millennials are asking just that!

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BootstrapLabs recently spoke about the danger of Banks becoming irrelevant and shared its thoughts on Globalization, Disruption and the “Future of Money” with 10 Senior Executive from Swiss banks (i.e., BCV, Lombard Odier, Pictet, Julius Baer, NorInvest, Piguet Galland, etc.) during Swissnex ‘Future of Money” Tour. According to the Millennial Disruption Index, Banking is the most likely industry to be disrupted with 71% of Millennials saying they would rather go to the Dentist than listen to what Banks have to say.

Bottom Line: “Deliver Value or Die”; and here is another hint:“Seeking new products and chasing returns? Track the rise of new private startup portfolio managers on the new NASDAQ: it’s called AngelList!”

Dear Corporation…Innovate or Die: Speech to 25 Top CIOs

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As a Global Technology Venture Investment Company deeply rooted in Silicon Valley, BootstrapLabs is at the forefront of global innovation trends and shared its observations and wisdom with France Fortune 50 CIOs from Lafarge, Gemalto, EDF, Decathlon, Alcatel-Lucent, Accor, La Poste, SNCF, AirLiquid, etc. that were all invited by Oracle France as part of their Open Innovation Tour during Oracle OpenWorld. Check out our Prezi below on “Startup Revolution and Corporation Disruption”

Bottom Line: “Innovate or Die!”

VC Disruption: How to Build a Next Generation Venture Firm?

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Nicolai Wadstrom, Founder of BootstrapLabs, and I have been on a quest to build a new kind of venture investment firm in the cradle of where it all started 50+ years ago; Silicon Valley.

For background, Nicolai Wadstrom is a Swedish born serial entrepreneur that started building technology companies in his teens. He built a Hacker Academy (to mess around with Silicon Graphic machines in the 90s) before the term was considered “cool”, took one of his companies public and angel invested actively in Europe before founding BootstrapLabs in Silicon Valley five years ago. Born and educated in France, I moved to San Francisco in 1998 and spent half of my working life helping entrepreneurs finance, acquire and sell companies. The other half I ventured on the entrepreneurial side and built two tech start-ups in the mist of recessions (first in 2001 and then in 2008) that still achieved successful early exits. I joined BootstrapLabs and Nicolai over 2 years ago and together we have been strengthening and scaling the foundation of what I believe will become a blue print for venture investing in a globalizing world!

I recently read a few posts that perfectly outlined and validated the trends and model we have been refining at BootstrapLabs over the past few years. One was from Mark Suster of Upfront Ventures on “The Changing Structure of the VC Industry“, the second was by Jason Calacanis of Launch Media on “Syndicates Power“, another one was “7 Reasons why Angel Investing became serious Finance” by Christopher Mirabile of Inc. Magazine and the last one was by Brad Feld of Foundry Group on the recent launch of their FG Angels Syndicates Fund II, a fund dedicated to invest additional capital as a FG Angels Syndicate member and allow investors to passively build a diversified portfolio of 15 startups, without management fees (but carry from FG Angels syndicate itself and AngelList).

BootstrapLabs Global Venture Investing Model
To over simplify,  BootstrapLabs believes that fund managers need to invest early in exciting (technology) startups and teams, be hands-on and add value (not talking about board seats here), create double and even triple-down investment vehicles to invest above and beyond pro-rata rights into the outliers and give a right of first refusal to those that took the risk alongside you in the early days. Below is a chart that describe our model at a high level (click chart to enlarge):

Screen Shot 2014-08-26 at 9.00.27 PM

 

Why Equity Pools vs Micro Funds?
In our model, the early stage investment vehicles are called Equity Pools because they literally “pull” the equity purchased with cash with the sweat equity BootstrapLabs is earning for the 12 month of hands-on/value-add work it does with all its portfolio companies. The Equity Pool invests approximately $100K per startup and creates diversified portfolio of promising tech startups for investors – at a fraction of the cost it would take them to do it on their own (if even possible) and creates leverage on each dollar invested by contributing extra sweat equity. With little to no management fees, our success is rewarded by the carry we take on the Equity Pools. What is interesting about these Equity Pools is that they are  small and can be deployed within 12-18 months. Lastly and most importantly, investors in the Equity Pools have a right of first refusal in each of the subsequent Equity Pools as well as the Special Purpose Vehicle (SPVs) – double and triple down funds – established to further fund the outliers that emerge out of said Equity Pool investments. This kind of flexible investment structure allows BootstrapLabs to iterate quickly and adapt the terms and size of these Equity Pools or Single Purpose Vehicles based on the market latest trends and conditions.

Investor Profile
As outlined in Mark Suster’s blog post, traditional LP investors in venture capital funds have struggled to keep up with the recent changes in the industry. Justifying investing in smaller or micro venture funds remains challenging, usually costs extra fees (e.g., fund-of-funds or intermediaries) and might ultimately not move the needle for them, no matter how good the returns are, if they are managing billions of dollars. Yet, these early stage investment vehicles are an exciting place for accredited investors and family offices to play, especially if they have deeper pockets and can participate in follow-on funding in the outliers. At BootstrapLabs, our Equity Pool investors have for the most part been experienced technology entrepreneurs and angels that understand the disruption and opportunity at hand, but also understand the importance of having professionally managed, diversified portfolio of technology startups if they are to increase their changes of success/positive returns over time.

To some extend, angel investing is  still in its early days and we are just starting to see standard and well accepted portfolio theories being applied to early stage investing  (e.g., FG Angel Syndicate Fund II or BootstrapLabs Equity Pools), lead by professional managers with operational experience and mostly incentivized by overall investments performance rather than total assets under management.

Another benefit of working with such investors is that it allows BootstrapLabs and the founders of its portfolio companies to tap their brains and network. Talk about capital with benefits! Ultimately the money is not the value…it is just the fuel. Good entrepreneurs and startups will always find ways to attract capital (if necessary), especially at the beginning (it usually gets harder over time as expectations need to turn to realizations), but the advise, experience, know-how, relationships and support that comes along with the cash is the true value for entrepreneurs.

One Word on Globalization
Because BootstrapLabs focuses on discovering early stage innovation globally, we spend a great deal of time thinking about how we can scale our model around the world, quickly and efficiently, stay flexible, be smart at the edges as well as at the core, and always be in a position to add value. We believe the model we have outlined above is one that can quickly be  launched and replicated in various geographic areas and, when combined with BootstrapLabs grass-root network platform and international expansion play-book, will prove to be a critical asset in being able to compete, and win, in a globalizing world.

Innovator’s Dilemma: White Canvas Please!
You often hear VCs tell entrepreneurs: “if you think fundraising for a startup is hard, try fundraising for a VC fund!” I would add, try fundraising for a first time, next generation venture fund with first time managers! But as we all know, nothing really worthwhile doing is easy and when looking back at this in a few years, we will hopefully consider the fact that neither Nicolai or I have had traditional VC experience or pre-existing relationships with traditional LPs a blessing in the sky that allowed us to focus on pure patterns and data collection, rather than inner bias or external lobby.

Catch BootstrapLabs Founder @ Incubate 2014 – Woodside Sep 12, 2014

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Incubate is the first conference dedicated to early founders and their choices of a Springboard.

  • LEARN: directly from the Valley’s best Angels, Incubators, Accelerators, and VCs about the early stage choices for your next venture.
  • PITCH: all founders get their shot at pitching VCs like Greylock Partners, Scale Venture Partners, Accel Partners, Spark Capital, and more.
  • NETWORK: with top entrepreneurs who have gone through the early stage and lived to tell about it, plus others just like you.

You will be joining BootstrapLabs’ founder Nicolai Wadstrom, Geoff Ralston of Y-Combinator , Dave McClure of 500Startups, Peter Relan of 9+, Cameron Teitelman of StartX, Doug Renert of Tandem Capital, Bill Gross of IdeaLab and more!

Save your seat here!

BeGlobal – San Francisco Sep 12, 2014

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begloballogoJoin our friends at beGLOBAL for the annual Global Tech Conference with a Korean touch. Organized by the organizers of beLAUNCH, the top startup conference in Korea, beGLOBAL brings together the best of Tech from the East and West.

  • Learn who the Unicorns of Korea/Asia are, their origins and how they grew to billion dollar + businesses
  • Be inspired by global founders, and their amazing entrepreneurial stories
  • Discover how to overcome the challenges to successful entry to Asian markets
  • Understand why it can be beneficial to go global early, and gain practical knowledge of how to do it
  • Find out how to capitalize early on emerging investment opportunities in Asia
  • Meet 10 of the hottest startups from Korea

Friends of BootstrapLabs sign up here for a 30 % discount using code BootstrapLabs-30.

https://beglobal2014.eventbrite.com/?discount=BootstrapLabs-30

CTIA – The Wireless Association® Selects BootstrapLabs as Mobile Community Leader to Source Innovation Globally

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CTIA LogoBootstrapLabs

 

We are proud to announce that CTIA – The Wireless Association® has selected BootstrapLabs to join its exclusive club of Mobile Community Leaders in an effort to source global innovation and help shape its new CTIA Startup Lab initiative featuring 40 of the most exciting seed and growth-stages technology startups for its inaugural class during  Super Mobility Week, September 9-11, 2014 at the Sands  Expo & Convention Center in Las Vegas.

The 40 finalists were chosen by the CTIA Investor Panel comprised of judges from Blumberg Capital, Caten McGuire, Cooley LLP, Docomo Capital, Ericsson, Fortify Ventures, Honda, Intel Capital, Khosla Ventures, LG Electronics Mobile, mBlox, Orange Labs, Samsung, Sony Growth Ventures and Innovation, Sprint, T-Mobile and Verizon Wireless.

Incredibly, not one but two portfolio companies of BootstrapLabs, Smartsy (Sunnyvale), a mobile application that drives mobile commerce and engagement through computer vision and Shoppertise (Kuala Lumpur), a mobile e-commerce platform making selling like a pro as easy as snap, share and sell, have made the short list and will receive VIP treatment at Super Mobility Week. Perks will include access to inspirational talks, complimentary booths, press access, investor and senior executive concierge service, VIP reception access and public pitching.

“BootstrapLabs input and feedback have been extremely helpful through the design phase of our CTIA Startup Lab program and we are excited to gain access to their high quality global deal flow going forward. Wireless is truly taking the world by storm and it is increasingly important for our members to track innovation taking place outside of our borders” said Heather Blanchard, Director Wireless Internet Development, CTIA – the Wireless Association®

We wish them both tremendous success and look forward to continue bringing exciting technology companies to CTIA Startup Lab and Super Mobility Week for years to come.

The official CTIA Press Release can be found here.

 

About CTIA – The Wireless Association
CTIA-The Wireless Association® is an international nonprofit membership organization that has represented the wireless communications industry since 1984. Membership in the association includes wireless carriers and their suppliers, as well as providers and manufacturers of wireless data services and products. Member companies include the likes of AT&T, Verizon, Cisco, Intel, Apple, Google, LG Electronics, Samsung and many others industry leading corporations.

BootstrapLabs launches SV In.Fusion: a 2 Week Startup Bootcamp for Foreign Founders

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SV-InFusion-Logo-2048

At BootstrapLabs we believe “Silicon Valley can not be replicated but its culture and best practices can be taught”.

As such, we felt it was important for BootstrapLabs to invest in education and are pleased to announce the launch of SV In.Fusion, a 2 week startup bootcamp in Silicon Valley, specifically tailored for foreign founders.

This entrepreneur for entrepreneur educational program is focused on delivering the core skills, hands-on experience and hacks Silicon Valley founders use every day to build lean, mean and successful startups.

If you are a rockstar in your domain of expertise and feel like mentoring our SV In.Fusion founders,  APPLY TO BECOME A MENTOR.

If you know people that should know about this program, please feel free to share this announcement and have them contact the SV In.Fusion team at team@svinfusion.com.

The next SV In.Fusion Bootcamp will start September 8, 2014! FOUNDERS APPLY HERE.

Please like SV In.Fusion on Facebook or follow SV In.Fusion on Twitter to stay in touch with the latest news.

BootstrapLabs Welcomes Jeff Hoffman on its Advisory Board

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jeff-hoffmanSan Francisco, California — Silicon Valley-based BootstrapLabs, a global accelerator for foreign technology startups, today announced that Jeff Hoffman, Founding team member of the Priceline.com group of companies and serial global technology entrepreneur, has joined its Advisory Board.

Over the past 2 years, Jeff has spent the majority of his time supporting entrepreneurs and small businesses on a global basis, serving on the global advisory boards of Global Entrepreneurship Week, the US State Department’s GIST program (Global Innovation through Science and Technology), the APEC Startup Initiative (Asia Pacific Economic Cooperation), and many others. He works with the White House, the State Department, USAID, and similar organizations internationally on economic growth initiatives and entrepreneurship programs. His activities have supported entrepreneurs in over 130 countries.

Jeff is a frequent keynote speaker, invited to speak in over 50 countries. He speaks on the topics of innovation, entrepreneurship, and leadership, and will be publishing a book on how to scale a business, in the summer of 2014. Jeff also teaches innovation workshops to major corporations on a regular basis.

Jeff is a featured business expert seen on Fox News, Fox Business, CNN, CNN International, Bloomberg News, CNBC, ABC, and NPR, and in publications including Forbes, Inc., Time, Fast Company, the Wall Street Journal, and others.

Jeff received a Lifetime Achievement Award from the national CEO council for his contributions to the field of entrepreneurship, as well as receiving the 2012 Champion of Entrepreneurship Award from JP Morgan Chase, Citibank, and Rising Tide Capital.

Outside of the world of technology, Jeff has produced movies in Hollywood, has produced musical events including concerts, tours, and charity events with such artists as Elton John, Britney Spears, NSYNC, and others, and serves on numerous charity and non-profit boards.

“Jeff’s current life mission and BootstrapLabs core vision are incredibly aligned and together we can further discover, educate and empower talented entrepreneurs around the world. Jeff is one of those rare individuals that has built and scaled businesses from the ground up to truly global businesses and his experience as well as relationships will be invaluable to BootstrapLabs and our portfolio companies going forward” said Benjamin Levy, Co-Founder of BootstrapLabs.

“I have spent the last two years traveling non-stop around the world to meet and support entrepreneurs, and I can tell you, I am impressed with the level of talent, drive, passion and innovation I have seen in some of the most remote places. I decided a few years ago to launch entrepreneurs rather than launching new companies because over the lifetime of an entrepreneur, he or she might have 2 or 3 break-through ideas that will truly change the world. It was obvious to me when I met Nicolai and Benjamin that they too are passionate and driven entrepreneurs that deeply care about other entrepreneurs. BootstrapLabs is a unique catalyst to empower the talent I have witness around the world and I am excited to work closely with the founders of BootstrapLabs going forward as they spread their wings across the globe”, said Jeff Hoffman.

“I founded BootstrapLabs with the notion that smart Entrepreneurs are everywhere on our planet, but the ability to apply their talent is not – which is the very reason why our reach needs to be global. Having Jeff Hoffman, who shares our view of the world to join us on this mission is very exciting. He will be a tremendous resource for BootstrapLabs as we continue our journey to become a global force of change by empowering entrepreneurs from every corner of our planet.” said Nicolai Wadstrom, Founder of BootstrapLabs.

Jeff Hoffman will join Rikard Steiber, Chief Digital Officer at Modern Times Group and former Global Marketing Director of Mobile and Social Advertising at Google, Ariel Poler, active Silicon Valley Angel Investor, Founder of one of the first web-analytics companies and a pioneer of SMS marketing and Jason Hoffman, VP at Ericsson and Founder of Joyent who all joined BootstrapLabs Braintrust last March.

About BootstrapLabs: BootstrapLabs is a Global Startup Accelerator and hands-on investor in Silicon Valley with a model tailored for foreign born startups. BootstrapLabs focus is on technology startups with global potential and assist them building disruptive companies by relocating to Silicon Valley, while maintaining their roots in their country of origin. Our approach is focused on relationship building and fast execution to accelerate equity value creation. We connect founders to industry thought leaders, strategic partners and smart investors in our network to ensure their long term success. Since 2009, BootstrapLabs has helped foreign startups such asPrezi,  AudioDraft and Zerply connect and relocate to Silicon Valley for good, while maintaining offices in their home countries.

Website: https://bootstraplabs.com

PRESS CONTACTS:
Nicolai Wadstrom, Founder, nicolai@bootstraplabs.com, +1 415 935 1469
Benjamin Levy, Co-Founder, ben@bootstraplabs.com, +1 415 742 1517

 

BootstrapSummit event in San Francisco, with Foxconn executives, SVB and more!

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There is definitely a renaissance in the hardware industry and a slew of incubators, accelerators, crowdfunding platforms and large corporates are jumping in to help, connected hardware startups face the additional challenge beyond building software…

One big hurdle for the Hardware 2.0 revolution is to build a global supply chain from a 5-person startup to manufacture hardware cheaply, quickly, maintain high quality standard and more often then not manage the whole thing over several continents.

Join us as we explore this with some of the global industry leaders, on the 20th of June in San Francisco!

Who should attend BootstrapSummit ThinkHARD_Ware
Hardware founders, Industry experts, Angels,VC investors, passionate makers and ecosystem player wanting to learn how hardware 2.0 startups can today hack the global supply manufacturing chain.

Space is limited, so please register now!

All the details including speakers, agenda and RSVP can be found here: http://bootstrapsummit.com