1. Lessons learned from Silicon Valley Vilnius, 2011

2. Background Lessons learned Practical tips

3. Does social media presence help you sell? 3 months and 3 days old

4. 6 weeks mentorship program in Finland A trip to Silicon Valley

5. Lesson #1: Speed Meeting time: 15 mins E-mail response: 15 mins Openness for trying once Time is the most valuable asset

6. Lesson #2: Going big VCs are after big bets “I lost my company 1bn USD when I did not invest in the next big thing” Market share is key Revenue is a feature 

7. Lesson #3: Sharing Your network is an asset to be shared Openness is a default Competition will not kill you, you will Risk of being incompetent is higher than being copied

8. Lesson #4: Failure Failure is OK or good Learning from failures Making you fearless “So when are you starting a new company?”

9. Lesson #5: “Science” of startups A structured thinking about entrepreneurship – Steve Blank & Donna Novitsky Start-up is not a small version of a large company Key goal of a start-up is search for a scalable business model You sell the team, not the product Ability to learn is key

10. Lesson #6: Early employees Most of founders have previously been early employees Know-how, funding and other benefits The secret of Silicon Valley, in my opinion 

11. How to promote your start-up? Get a list of events: Plancast, Meet-up, Startup Digest Get intros or cold e-mail key people Decent response rate for us Short and to the point e-mails Three things: How can I help you? How can you help me? Who else should I meet? Immediate follow-ups and intros

12. How to get funded? 45 minute drive from the VC Relationship-based investing CEO in Silicon Valley helps Access to VCs: Intros Events Cold (happens, but not recommended)

13. How to get a job in Silicon Valley? Everyone seems to be recruiting these days Looking for world-class specialists Remote basis possible in some cases Come and work for a day

14. Lesson #7: Closer than you think Thank you!