Erdem Ovacik A Talk About Startups at Delta Electronics - PowerPoint PPT Presentation

Erdem Ovacik A Talk About Startups at Delta Electronics 30.August.2016

What is a startup?

A startup is an organization formed to search for a repeatable and scalable business model . Steve Blank

What is a startup’s biggest asset?

- Authenticity - High performance culture - Talent - Learnings

What is the secret sauce to make a good startup?

IoT Big Data Virtual Reality Artifical Intelligence … & Purpose

Takes about 2 years to figure out an idea does not have a future.

2013. After moving on from 2 nd startup.

Mckinsey => corporate board

Idealism – developing world / development work

The kitchen

VIDENKUPON DKK 100,000

1- Entrepreneurs risk a lot and like those who take a bet on them. Can you?

2- Entrepreneurs are resourceful and hands-on, but not rich.

3- It’s all about the (right) people

THE GLOBAL BIKE RENTAL SERVICE

100m visitors on a given day, globally, need to get around

Station-Hopping Makes City Bikes Inconvenient

Manual Bike Rentals Are Completely Outdated

Donkey Bikes: Best Way To Get Around in Cities Convenient, Reliable, Affordable Transport

Lean, Scalable Operations Using Mobile Devices Select Unlock Ride where Park back at Penalties, hub & via ever, lock, hub to end fees, pay phone unlock rental rating

Bike Shops Provide the Bikes and Local Marketing Revenue 80% ~10 EUR per rental day 20%

We Quadruple Their Profitability + Manage yield • Manage affiliates • Commuters • 45 EUR 11 EUR per bike / month per bike / month

3 million shared bikes by 2020 – we want 30% ! City share bikes 800k share bikes. 3,5m+ bikes expected by 2020. 80% market in Europe & Asia Most in emerging markets 4,0 Millions 3,5 55% per 27%+ per DR aims at 1 m annum annum 3,0 growth growth bicycles by 2020, 2,5 Lyon – 3 rd gen ⇒ 30% market share Wuhan / 2,0 CPH – China 2 nd gen ⇒ 240m EUR DR 1,5 London NYC Wash. DC revenue 1,0 ⇒ 120m EUR net 0,5 profit 0,0 1990 2000 2000 2002 2004 2006 2008 2010 2012 2014 2016 2018 2020 Source: Open Source Bike Share; ITDP Bike Share study, Roland Berger Bike Share4.0, Wikipedia

Donkey Republic In Best Position To Lead Bike Rentals Full business automation Partial or Bike Rental Shops no impact of tech Dependent on Profitable with non-user revenues user revenues

Donkey Bikes in Copenhagen

5 Partners Active, Another 10 Are Testing

Bike Owners Lined Up To Work With Us 300 partners with 25,000 bikes

Thank You!