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Scaling by failing
@Appiness_Inc
Michel De Wachter
Co-Founder
After six months
125,000 downloads
55% activity rate
Per month
3,000,000 product views
700,000 product clicks
8,000 baskets
440k
May’15
440k
1.1mio
May’15
Sep’15
2 business angels
Does the tech work?
Are Medialaan & BBDO interested to test?
440k
1.1mio
1.6mio
May’15
Sep’15
Oct’16
2 business angels
Private equity
Is the tech and the company scalable?
Ready for international expansion?
Non-equity
assistance
Jan’17
440k
1.1mio
1.6mio
Non-equity
assistance
Convertable loan
May’15
Sep’15
Oct’16
Jan’17
2 business angels
Private equity
Private equity
Aug’17
Waauw, crazy tech on the way
Gonna get cash positive
Possible game changer
440k
1.1mio
1.6mio
Non-equity
assistance
Convertable loan
May’15
Sep’15
Oct’16
Jan’17
2 business angels
Private equity
Private equity
Aug’17
Investors buy the team
#warrants
440k
1.1mio
1.6mio
Non-equity
assistance
Convertable loan
SERIES A
May’15
Sep’15
Oct’16
Jan’17
2 business angels
Private equity
Private equity
SMART MONEY
Aug’17
End of ‘18
Crazy tech
Cash positive
Game changer
Choose the right sort of
money based on the
lifecycle you are in
Get in money when you do
not need it just yet
Join competitions
440k
1.1mio
1.6mio
Non-equity
assistance
Convertable loan
SERIES A
May’15
Sep’15
Oct’16
Jan’17
2 business angels
Private equity
Private equity
SMART MONEY
Aug’17
End of ‘18
Microsoft
Accelerator
Partnerships
’16 London selected ‘17 Winner ‘16 Sprockit
Startup Award
Winner Global New
Venture Challenge
’16 Seoul selected
Also
(work + team + network) x luck
All the good things a
marriage should have
BE THE
DUMMEST
Know your market(s)
Identify the stakeholders
Identify the stakeholders…all of them!!
Meet them all & use their knowledge
Know your market(s)
Identify the stakeholders
Identify the stakeholders…all of them!!
Meet them all & use their knowledge
Know your market(s)
Identify the stakeholders
Meet them all & use their knowledge
Know your market(s)
Identify the stakeholders
Meet them all & use their knowledge
Know your market(s)
Identify the stakeholders
Meet them all & use their knowledge
How are we impacting their business?
The Dark Ages
Right definition of the market
Step 1 for building up your network
Co-ownership
Right definition of value propositions
‘no’ is the start, not the end
Make a file of all your stakeholders
Which roles are important for what
Who do we need to talk to
Who do we know that knows them
Make a file of all your stakeholders
Which roles are important for what
Who do we need to talk to
Who do we know that knows them
Make a file of all your stakeholders
Which roles are important for what
Who do we need to talk to
Who do we know that knows them
Make a file of all your stakeholders
Which roles are important for what
Who do we need to talk to
Who do we know that knows them
WHAT IMPACTS YOUR FUTURE?
Team
Prospects
Clients
Macro events
Competitors you know
Competitors you do not know
Your drive (perception)
Stuff
Law
Your market
Perception
Luck
Write out your strategy
Put everything in excel with different scenario’s
Put it in a pp and test it @ clients
Micro-manage your budget
Runway is a Religion
Become cash positive as
fast as you can
Are we there yet?
www.appiness.mobi
Let’s
redefine advertising & e-commerce

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Michel de Wachter: Scaling up - The sky is the limit - TSD17

Hinweis der Redaktion

  1. We inspire people by allowing them to interact with any content on any platform. We can tell the brand, price of every product and where you can buy it. This means that from a brands perspective, we can insure that people notice your products and immediately convert into sales. So we improve the value proposition of product placement dramatically We are not only a Shazam for content (25% usage), but also and mainly a Pinterest for content (75%)
  2. We’ve been live in Belgium for six months
  3. It is interesting that we can do that on our platform, but what makes it very interesting, is that we can transform every existing third party asset into a Spott platform. We can deliver exactly the same experience on any screen…via our own Spott platform or via any third party asset
  4. So thank you very much and enjoy the super interesting presentations of my other colleagues! Thank you.
  5. Mention the continetns: Europe, US, Asia
  6. So thank you very much and enjoy the super interesting presentations of my other colleagues! Thank you.