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Y Combinator Clone in Vienna, Austria launches

beta.yeurope.net

51–60 of 76 posts

Re: Y Combinator Clone in Vienna, Austria launches

#52
post #42

The problem with this is that I can't see the people involved. Who are the investors? What are their backgrounds? Why are they going to increase my chances of success? Replicating the YC seed funding model is fair game. What I find irritating (and btw I'm very keen to see more European start ups funded so I'm not outright attacking you for the sake of it) is that people replicate the easy parts without putting the ef…

Connections with high profile investors?

That's why Kiko had to use eBay?

Ha!

Re: Y Combinator Clone in Vienna, Austria launches

#53
post #42

The problem with this is that I can't see the people involved. Who are the investors? What are their backgrounds? Why are they going to increase my chances of success? Replicating the YC seed funding model is fair game. What I find irritating (and btw I'm very keen to see more European start ups funded so I'm not outright attacking you for the sake of it) is that people replicate the easy parts without putting the ef…

Connections with high profile investors? That's why Kiko had to use eBay? Ha!

We did actually introduce Kiko to angels who invested in them. And Kiko didn't sell because they were out of money, but because their users were draining away.

Re: Y Combinator Clone in Vienna, Austria launches

#54
great news! as founder of First Tuesday in Vienna in 1999 I was involved in a lot of start up connections. the angel boerse here i2 might be useful, other contacts are a "similar" space from Frequentis for related companies to have incubator space, it was running in the 4th bez. and then there is Julie Meyer running Ariadne with the desire to build a new europe ...http://www.ariadnecapital.com/team_julie.htm and others like http://www.discoverybeach.co.uk/ best regards, nigel

Re: Y Combinator Clone in Vienna, Austria launches

#55
great news! as founder of First Tuesday in Vienna in 1999 I was involved in a lot of start up connections. the angel boerse here i2 might be useful, other contacts are a "similar" space from Frequentis for related companies to have incubator space, it was running in the 4th bez. and then there is Julie Meyer running Ariadne with the desire to build a new europe ...http://www.ariadnecapital.com/team_julie.htm and others like http://www.discoverybeach.co.uk/ best regards, nigel

Re: Y Combinator Clone in Vienna, Austria launches

#56
post #55

great news! as founder of First Tuesday in Vienna in 1999 I was involved in a lot of start up connections. the angel boerse here i2 might be useful, other contacts are a "similar" space from Frequentis for related companies to have incubator space, it was running in the 4th bez. and then there is Julie Meyer running Ariadne with the desire to build a new europe ... http://www.ariadnecapital.com/team_julie.htm and oth…

whats the biggest problem for startups in austria as you see it?

Re: Y Combinator Clone in Vienna, Austria launches

#57
post #54

great news! as founder of First Tuesday in Vienna in 1999 I was involved in a lot of start up connections. the angel boerse here i2 might be useful, other contacts are a "similar" space from Frequentis for related companies to have incubator space, it was running in the 4th bez. and then there is Julie Meyer running Ariadne with the desire to build a new europe ... http://www.ariadnecapital.com/team_julie.htm and oth…

whats the biggest problem in austria for startups as you see it?

Re: Y Combinator Clone in Vienna, Austria launches

#58
post #30

What's wrong with this sentence: "YCombinator Clone in Vienna, Austria launches!" Hint: It's not in the first, second, third or sixth word. You're missing at least 50% of the value of Y Combinator by being outside of a startup center, probably more. Can a successful startup happen outside of the Valley? Sure...but you're definitely hurting the chances of success by a significant degree.

If %50 of the value of YC is the fact that they require startups to locate in Boston or SF, then any startup who doesn't get into YC can get %60 of the benefit by simply relocating. Seriously, I hope that %50 of the "benefit" of YC is not moveing to an expensive location where every resource you could need for a business is constrained. I've seen no evidence that locating outside of SF or MA reduces your chances of s…

"where every resource you could need for a business is constrained"

Every resource except:

Money. The Valley has money like you wouldn't believe. Everything worth anything gets funded. If you can pull out a nice demo and sign on a few paying customers, you will get money--more than enough to make up for the cost of living.

People who understand what you're doing. There are dozens or hundreds of "startup" attorneys here...and nowhere else. There are dozens or hundreds of "startup" accountants here...and nowhere else. There are always events happening that will bring you into contact with other entrepreneurs.

I've started a company outside of the valley (started in Houston and moved to Austin, which is no slouch as far as technology goes) and I've started one in the valley. The valley is better.

Re: Y Combinator Clone in Vienna, Austria launches

#59
post #28
post #27

Earlier quoted context omitted.

A general question and a specific one: Who are you? Metalab has an extensive website, but who's behind YEurope? You know that the funding is only a small part of what YC provides -- you won't be able to live up to pg, rtm et al, which is expected, but right now you don't say anything about yourself, so why should a prospective applicant value your connections and advice? And: One of the things YC does is that it sets…

hello benja, i'm paul and i'm the one who mainly started this. your reservations are absolutely justified. who am i to think i can do this? i haven't had any huge successes to show yet, and i really didn't want to launch like this. i had big plans of launching with my own money, and then i'd have prepared some nice texts telling my success story. as things went, we are launching early. i'm certainly in a different le…

Having recently relocated to Innsbruck (from Padova, Italy, and originally from Oregon in the US), I'm curious about utilizing an LLP from the UK. I'd be really interested to hear if anyone has more information on that, because as things stand, starting a company in countries like Austria or Italy is absurdly expensive.

Re: Y Combinator Clone in Vienna, Austria launches

#60
post #56
post #55

great news! as founder of First Tuesday in Vienna in 1999 I was involved in a lot of start up connections. the angel boerse here i2 might be useful, other contacts are a "similar" space from Frequentis for related companies to have incubator space, it was running in the 4th bez. and then there is Julie Meyer running Ariadne with the desire to build a new europe ... http://www.ariadnecapital.com/team_julie.htm and oth…

whats the biggest problem for startups in austria as you see it?

socialism, risk aversion, retarded labor laws, few adequate computer programmers, tiny private equity market, most startup investors are not well-connected outside their immediate environment thus add little value
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