1. We lost our business angels: they demanded 50% of the company, we offered much less. The insight from this eposide: always speak to multiple investors at the same time. Now we apply for different governmental support programs and further competitions.
2. That’s why we spend for example the whole Monday until Midnight to update our business plan for the Gründerwettbewerb “(founder competition”) of the Wirtschaftsministerium (“ministry of economics”) and for the competition of the magazine “Wirtschaftswoche”. Wish us luck!
3. Our team (see about us) gets bigger: Matthias, he studies media business in Mainz, joins our company as a trainee; André, a computer science student from Aachen, speaker colleague from the BASTA! conference and author for CREATE OR DIE, works for us as a freelancer (for Silverlight development) and will join us in october for a trainee semester; finally, a well experienced marketeer helps us two days a week with our marketing.
4. The UnternehmerTUM provided us four additional monitors! Yeah! So we can use the monitors of our notebooks in addition to the big ones what makes development and design much more fun! A big thanks to Sebastian from the UnternehmerTUM!

Now, we have full house in our office room: there are only three desks, but six people, six notebooks and five monitors. What a fun!

Have a good time, too!

related posts

• September 2, 2008 -- We can now talk about it. (1)
• November 19, 2009 -- Our Sessions at WebTech Conference (0)
• May 27, 2009 -- Mobile Tagging at Webinale 09 (0)
• April 21, 2009 -- My Internship At SnipClip (3)
• March 25, 2009 -- Social Gaming Boosts Virtual Goods Sales in Social Networks (5)

The trick is to quickly make mistakes and then rapidly fix them and move on. So my friends, fail fast.

Of course, you must read the whole article: Fail Fast!

PS: One commentor mentioned that David Kelley from IDEO proposed:

Fail often to succeed sooner.

I strongly agree with that and I only can recommend to read his books!

PPS: We failed in convincing our business angels that we are worth more than they are willing to give – but we we will fix this problem soon and continue to succeed :-)

related posts

• July 2, 2008 -- What’s new at Squirrel? (0)
• April 15, 2008 -- The Ten Faces of Innovation (0)
• February 15, 2008 -- Quite impressed. (0)
• February 9, 2008 -- It’s workend. (0)
• February 8, 2008 -- Start up the day with the Startup-Day (0)

Have a good time!

related posts

• September 2, 2008 -- We can now talk about it. (1)
• July 2, 2008 -- What’s new at Squirrel? (0)
• July 1, 2008 -- “Fail Fast” (1)
• April 23, 2008 -- senkrechtstarter award (0)
• April 14, 2008 -- Invitation to Senkrechtstarter (1)

Nevertheless, have a good time!

related posts

• January 28, 2009 -- EXIST, BMWi and EU Support SnipClip (0)
• August 15, 2008 -- Augmented presentation (1)
• July 9, 2008 -- How Virtual Worlds change the Web Business (0)
• July 2, 2008 -- What’s new at Squirrel? (0)
• July 1, 2008 -- “Fail Fast” (1)

The webinale is the holistic web conference in Germany: it covers business and technology. For example there is one special day called the Startup-Day for internet startups.

The Magnificent Seven will talk about

• how to manage a web 2.0 startup
• how to get money from investors
• how to convince the High-Tech Gründerfonds
• how to avoid common pitfalls
• how to scale a startup team
• how to build social prototypes
• how to become a cybernetic entrepreneur

My job is one of a nanny: I’ll care about the founders and the investors. Yup, you are also invited, dear business angels and venture capitalists! So take chance and contact me. And have a good time!

related posts

• October 6, 2008 -- Call for Abstracts – webinale and Startup Day 2009 (0)
• May 26, 2008 -- Short report from the Startup-Day at the Webinale conference (0)
• April 3, 2008 -- Startup-Day sessions (0)
• February 23, 2008 -- The second coming of Second Life (0)
• July 23, 2009 -- SnipClip Demonstrates Mobile QR Code Integration At Webinale Conference (0)