Follow your intuition, look at the data, fail often
A weekly blog post about an insider glance of a 3-months journey into a startup accelerator.
We are finishing week 2 of Springboard. We are in the “shape” phase: the objective is to refine the value proposition of our business idea.
Are we building something unique? Which problem/need are we actually solving/fullfilling?
The best way to figure this out is to confront smart and experienced people with our vision. This is what we have been doing for the last 10 days in what looks like a speed-dating for startups: 20 min with a mentor, 10-12 mentors a day. Mentors range from experienced startup entrepreneurs, VC’s, angels, industry specialists, etc. We have now talked to 90 different people. Here is some of the comments:
"Aaah the Belgian team, I’ve heard about you guys; I really like what you are doing!"
No bullshit, no self promotion. Only real stuff. Real ups & downs.
Following the overwhelming feedback generated by kicktable’s launch in Brussels in December 2011, we quickly decided to bring our concept to a bigger European city ASAP.
London was an obvious choice for us: cultural capital of the world, most sophisticated startup scene in Europe, unique diversity of people and talents, many friends & contacts, etc …
We lived in the Eurostar for 3 months. When staying in London, we were sleeping in the living room of a flat shared by 5 fantastic Belgian guys. Eventually, in February, we launched Kicktable in London. Again, people were very enthusiastic about what we were trying to build.
Five years ago, I was sitting in a college lecture when I heard a frustrating stat: 80% of seats in cars are unoccupied during travel. Even today, the U.S. sees 2.3 billion long-distance car trips a year running at only 20% efficiency.
Filling those seats has enormous potential to improve…
“The city can be defined as a place where differences encounter, acknowledge, and explore one another, and affirm or cancel out one another. Distances in space and time are replaced with opposites, contrasts, and superimpositions, and with the coexistence of multiple…”—Christian Schmid, interpreting Henri Lefebvre’s analysis of the urban