Edicy Turns One And Celebrates With 85k Sites
Edicy, the Estonian startup that enables people to create their own websites without knowing any technical issues affiliated with website design. I first met Tõnu Runnel in Le Web Paris last year and interviewed them regarding the product. He was also pitching their company in the startup track among other European startups.
Interview With Tõnu Runnel, Edicy (Invites)
One more video from LeWeb for the Christmas holidays. We had a chat with Tõnu Runnel in LeWeb, just after his startup competition pitch. He is one of the founders of Edicy, an Estonian startup, creating a web service to more easily build and design websites. The demo Tõnu gave on stage made the product look extremely cool and easy to use. They have also nicely attracted traction online, so it's not just us who think they have a shot at making it.
Tõnu has also given us invites to share with our readers so the first to ten to leave a comment on why Edicy could have a shot at making it or in contrast - why they won't (with constructive criticism) will get a code in the e-mail on Sunday, the 28th of December.
Are Web Conferences A Waste Of Time?
There has been lively discussions of whether the many web conferences are really the most effective use of time for a startup. Similarly many people see the value in these conferences very differently, for example people from the United States tend to spend most if not all their time networking in the lobbies and hallways, at least more so than the Europeans are used to. We, the Europeans, on the other hand, tend to pay equal attention to the speakers at the stage.
At ArcticStartup we believe that meeting friends and strangers, as many as possible, is the best way to spend your time in these conferences. But that's just us. Thus, we wanted to know what other startups think and decided to ask a group of Finnish startups, who travelled to the LeWeb with us, what they think. Here are some perspectives:
SoundCloud In LeWeb
We interviewed Eric Wahlforss in LeWeb Paris about their startup SoundCloud. It's an interesting company and not your average music startup as they build tools for artists to share that music. SoundCloud has recently moved to Berlin from Sweden and the impact of that move is also covered in the video.
Check out the Cloudplayer here and follow the company in Twitter here.
Michael Arrington On What Works In The Current Economic Climate
I acknowledge that our postings have a been a bit video heavy lately and continue to be so this week, but still wanted to give you a few, what I think is very useful, soundbites from Michael Arrington, editor and founder of TechCrunch. Despite the on-going general post-LeWeb brouhaha in the web, this is worth a watch. Andrea Vascellari, CEO of iTive.net consultancy did a good job asking Arrington where he sees the startups given the current economic climate.
Here's the key take aways from the video:
- In a tough economic climate winners find an aggressive way to expand without spending a lof of money by
- Reducing head count
- Paying lower salaries now that they are collectively down
- Paying less for everything = lower expenses overall
- Acquiring competitors pennies for dollar when they are about to belly up
- A lot of startups make headcount adjustments already, which is probably a smart move (Think Fruugo and Blyk)
- Those startups that have better execution end up being winners (this is something that I believe always bares repeating even though it's a no-brainer)
- Remember that this downturn is different! Those who act as they acted in the previous one probably end up being one of the losers.
- You have to be quick on your feet and agile
- Those who focus on technical market analysis on what used to work tend to too poorly in the new climate: You should look at the playing field as a new one and compete given that
Le Web: A Few Hiccups and The European Startup Culture
The web erupted in a fierce conversation (see especially the comments) on European* vs. US entrepreneurial culture after the Le Web in France. The conference itself was a disaster in terms of organization, even if many people dislike admitting it, even though the speakers were of high quality. I won't go into ranting about it, since the 'few hiccups' have been well documented by others. Helene Auramo, the CEO of Zipipop, summed it well on her Tweet on why she got a very high fever and cold after the conference: "...cold and not getting any food in LeWeb for two days... What can you expect?".
That said, I personally enjoyed the conference, largely because of the great people who showed up. I also believe that is the most important bit so, despite Loic Le Meur got a lot of shit for the organizing, I believe he got the most important bit somewhat right.
I don't believe I have ever enjoyed any panel as much as I did enjoy the Gillmor Gang panel at the end of Le Web's second day (see video below). This was mainly thanks to Michael Arrington, the infamous editor of TechCrunch, calling it as he saw it. He gave Loic a run for his money when Loic tried to tell different truths to different audiences. A minor disappointment was how the panel ended in loud music and everybody tapping each other on the back and all the important issues were talked only half way though. After what was very refreshing stance from Michael Arrington during the panel, he also got soft at the end and started praising the organizers. That said, as I told Mr. Arrington after the conference, it was very very refreshing to see someone brave enough calling it as he sees it, which at the end helps everybody improve their game.
A more serious point in this storm-in-a-tea-cup discussion was the stage of entrepreneurship in Europe versus in the US. I believe there is a cultural path dependency in Europe, which has set the course for generation after generation regarding the working culture. Thus, people who work over 60 hours a week are pitied and seen as unfortunate. In effect, not having life. Whereas in the US the opposite is true. They are seen as having the time of their life when they go after their dreams with all they have, not counting hours. I remember living in London, which is surely the most Anglo-American city in Europe (in fact, some people don't count UK in Europe at all). In London you could 'taste the blood' in a sense that people were willing to sacrifice something to get the other, whereas the sentiment in Helsinki is that you should be able to have the cake and eat it too. People believe, right or wrong, that you work to live, not live to work, and doing the latter is seen as unacceptable social behavior. I don't think either one's any more right than the other and that we're all different in that respect. Only the path dependency that I talked about earlier has shifted the culture to be very critical for those that choose to live to work. This is very unfortunate as we many people I know love their work and want to make it big whatever the cost and are thus looked down on or criticized. In fact, most of these people who work beyond 80 hours a week don't even consider it work. They love what they do and are grateful for every hour they can spend on doing it.
I, for one, like to have more life than just my work and personally struggle with the trade off as does Robert Scoble (see video here), a famous American video blogger who says it's really hard if not impossible to have a healthy balance, let alone manage it, if you want to be on top of your game. That said, I know people who are willing to pay the price and build the next big European success story and I very strongly believe we should respect these people for their choice in life instead of criticize and look down on them. The culture needs to change. Europe is a patch work of countries and national cultures. Therefore, we should not impose one working culture on the continent either by thinking we know what's best for everyone. There are room for both: Those who value the quality of life as defined by leisure, free evenings and weekends as well well as those who define quality of life by being able to work 80 hours a week to build something bigger and follow their dream.
Even though some of us, not least the LeWeb founder Loic Le Meur, might have had his ego bruised in the process, I believe the panel at Gillmor Gang and especially Michael Arrington's stone cold comments did us a great favor by bringing an important conversation to the fore.
I am, yet again, dumstruck by how easily the local media here in Finland dismissed all the efforts by us and
by the whole Finnish startup community to raise the awareness of the local startups and the formation of a startup culture here in the Nordics. First we set up the biggest startup event Finland has ever seen which was a big success and now we took a whole Finnish Sauna (video here and here) full of startups to Paris with Tommi Rissanen of Digibusiness.fi, just so the Finnish media can ignore all of it. This happens while at the same time tens of millions of euros are poured into programs to help Finnish startups, but most of this money go to those who know how to game the Finnish system and have the time to go through the endless rounds of red tape. Tommi Rissanen, who was pivotal in bringing the sauna to LeWeb, is the only person working for one of the supporting institutions in Finland, who I have met who knows and is interested in what is happening at the grass roots level in the Finnish startup scene and is willing to bust his butt to help out the startups. And I follow this space every single day.
Another sign to get the pulse: Christine Lagarde, the French minister of economy came to visit Le Web 2008. She actually came even to the stage to have a chat with Loic (previous years French President Sarkozy himself has visited the event). We in Finland, on the other hand, got an email from the Finnish President's assistand telling us that the president is too busy to visit the Finnish startups.
*Where I talk about Europe, I mean what we know as the Western Europe. I can't speak of the Eastern Europe, since I have not lived or worked there.
Saul Klein On Business Models And Downturn
Saul Klein, the founder of Seedcamp and a partner in Index Ventures, had a little chat with Ville in Le Web about the current economic downturn and what that means for startups. There's a lot that we agree with, for example the focus on the business model - if investors aren't paying you, the customers have to be. Cash is king in times of despair and you need it from someone.
Like always, comments are more than welcome.
Joi Ito Is Still Investing, Despite Downturn
I had a chat in LeWeb with Joi Ito of Neoteny. He is also the CEO of Creative Commons and on board of numerous companies and non profits. Joi, like other investors in LeWeb, are still investing despite the downturn but like he said - it's easier to make out the better companies from the noise in times of economic crisis. He also has some tips for Nordic and Baltic companies, so do have a look.
LeWeb is now LeSauna
Thomas Crampton blogged about the Finnish startup initiative in Paris and posted a very cool video online that we just have to share with our readers.
Le Web Streamed Live
You can follow the Le Web conference live on ArcticStartup. Below is the main stage feed and the startup competition feed is at the bottom. For the schedule, refer to the program. At about 10.20 CET, Finnish Zipipop will be speaking at the startup track and the Estonian based Edicy will be on at around 14.40 CET.
Main Stage
Live Video streaming by Ustream
Startup track
Free Videos by Ustream.TV
Come Meet Us In Le Web '08!
ArcticStartup will be well represented in Paris' Le Web conference this year. I'll be attending the event together with Ville and you'll be able to meet us at the Sauna Truck in the Halles Aubervilles during the event. Come meet us say hi!
There will also be plenty of Finnish startups there. To check out who will be present - please check out this conference page. You'll also be able to find out all the contact details for the people and companies there.
Looking forwards to meeting you!
An Outsider's Take On Finnish Startups
We invited Peter Robinett of Bubble Foundry to come and attend Slush on behalf of TheNextWeb blog, an Amsterdam based weblog that reports on everything that influences the future of the Web, in any way. Peter himself is a developer now living in Amsterdam and very active in the local startup scene. Peter for example organizes Lunch 2.0 and Mobile Dev Camp in Amsterdam. Here's Peter's take on the Finnish startup scene.
I had a great time attending Slush on Monday and Ville asked me to share my thoughts of the Helsinki startup scene. While more directed at ArcticStartup's Finnish readers, I hope these comments proven interesting to all ArcticStartup readers. My experience with startups is mainly through working with Dutch ones and organizing various events in the Netherlands, though having grown up in Silicon Valley I hope I have a somewhat accurate sense of how things work there too.
Two Arctic Companies to Pitch at LeWeb
LeWeb has announced their startup contestors and judges for this year’s Startup Competition. From the 30 companies there is one from China and Israel, five from US and 23 European companies, including Finnish Zipipop(previously covered) and Estonian based instant website creator Edicy.
The deal is that each company gets 7 minutes to pitch to the judges on the day. Winners of the competition will then have a chance to present their companies on the LeWeb main stage and additionally SUN Microsystems will offer a server to three final winners.
We at ArcticStartup congratulate and hope for the best for all startups but especially for our own Zipipop and Edicy. At least Zipipop has a nice track record with a win at Mobile 2.0 Europe and recent experience at Mindrek Startup Launchpad.
See the full list.
MindTrek prizes for start-ups a positive surprise
We speculated earlier on that this year's MindTrek's Startup Launchpad prizes would be pretty good, and nice they are.The guys at MindTrek have shown that when it comes to getting start-ups on board, Tampere knows what its doing. Here's what they have on offer quote on quote:
The winner elected by the jury will be nominated as the MindTrek Startup of the Year 2008, and given the right to pick up the prize first from the basket. The three prizes are:
- Two tickets for an international conference (max á 1300 €), like Le Web 3 Le Web08 in Paris (December 12th – 13th) December 9th – 10th*
- Supercoaching training by Sharon Ballard
- Technopolis Ventures incubation program (12 months contract, worth 3 000 €) and an opportunity to participate in the Money Talks Forum
In addition, the winner will get two tickets for the MindTrek 2009 conference and one hour face-time with one jury member to discuss about the concept, business model, financing opportunities, markets, etc.
The company nominated as second will select prize after the winner, and the bronze-medallist will get the remaining prize.All companies selected to present their pitches in the conference will be given an opportunity to participate in a half-day pitch training session before the conference.
If the prizes are noteworthy, so it the jury. The jury line up includes Marc Davis from Yahoo!, Sharon C. Ballard, the founding President/CEO of Enable Ventures Inc., Tapio Siik from Nokia Growth Partners, Pekka Pärnänen theHead of Finpro at Silicon Valley and Henri Rantalainen the CEO and Business Development Advisor at Technopolis Ventures Professia.
But as they say there's no such thing as a free lunch and even start-ups have to invest real money sometimes as much as it hurts. There is no real registration fee for the Launchpad competition, but if a start-up is selected it will have to register for the conference to get to pitch and be eligible for the prizes. The registration fee is 75 euro (+VAT) for the Thursday when the actual pitching competiton will take place, and if you want join the whole two days you have to pay 110 euro (+VAT) for a two day ticket, ie Wednesday and Thursday.
To ease the pain a bit, we are co-organizing with Culminatum, Sombiz, Floobs and MindTrek a free bus ride for all the startups to Tampere and back. Regardless of whether you're pitching or not, you're most welcome to join the ride. write me at ville [at] arcticstartup [dot] com if you wanna come and I'll reserve a seat for your team.
You can read more about the competition and fill in the registration for here. Good luck!
*Edit: A correction to The MindTrek website: The first prize that includes two tickets for an international conference (max á 1300 €), should read "like Le Web08 in Paris (December 9th – 10th)", not 'LeWeb3 that was held in Paris last year on December 12th and 13th.
