Comments on: European vs US startup mentality

By: ZKOUT - The Network That Follows You at Wap Review

ZKOUT - The Network That Follows You at Wap Review — Wed, 14 May 2008 02:45:20 +0000

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By: Gps focused mobile social networks is apparently hot | anders.tyckr.com

Gps focused mobile social networks is apparently hot | anders.tyckr.com — Mon, 11 Feb 2008 11:34:38 +0000

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By: Hjalmars it-blogg » Blandade tankar från en trött hjärna

Hjalmars it-blogg » Blandade tankar från en trött hjärna — Thu, 20 Dec 2007 04:03:19 +0000

[…] journalisten verkar ha fångat dem under någon form av uppdatering. Anders får känna av att den stora feta US-hypen kan bita tillbaka också. Lite tråkigt, för TableFinder är ett mycket potent och seriöst […]

By: Tuurf

Tuurf — Tue, 18 Dec 2007 16:45:11 +0000

[…] 07/12/18 - Det skrivs om ossTablefinders VD Anders Fredriksson tycker till om oss Tuurfare. Intressant l

By: Tuurf

Tuurf — Tue, 18 Dec 2007 16:42:13 +0000

[…] 07/12/18 - Det skrivs om ossTablefinders VD Anders Fredriksson tycker till om oss Tuurfare.–martin 07/12/15 - Jakten p

By: Hjalmar

Hjalmar — Tue, 18 Dec 2007 16:40:11 +0000

Indeed it is. We are however well aware of the issue of upscaling when the time is right.

Personally I feel very comforted by the fact that we have a strong backing from our partners at tewonder for that reason. They have already done the travel from small startup to 15 people once before.

As we have been discussing on my blog lately (swedish) we do sincerely believe that the market is very premature at this momen. You are entirely correct that a larger company will need large pockets or a good guard service escorting people of the premises when the VC runs out…

By: anders

anders — Tue, 18 Dec 2007 08:24:46 +0000

Yes, but I think the attitude difference towards venture capital is what makes the difference. As you say you have a preset mind that if you raise money you have to deliver revenue. I don’t think that is true at all. Because you really should focus on exactly what you said, “deliver exceptional performance to its users”. That is the key and should be the goal. If it is met, then revenues will come, and there are many venture capitalists that tell you not to focus on revenues at all.

By: Hjalmar

Hjalmar — Tue, 18 Dec 2007 00:34:17 +0000

Tuurf isn’t really a startup. We do have some shared traits with a startup, such as being young, crazy and intensely brilliant. But we are really a joint inhouse project.

There are three parties involved in the Tuurf project whereas Tewonder is providing us with traditional design and marketing skills from their 9+ years of expertise in the area (check tewonder.se for references). The other two partners are extremely technology adept and have between them several years of previously successfully creating, deploying and maintaining online web solutions. All without venture capital.

With that said, venture capital has not been actively sought for (but it is something we previously have been offered with other projects but politely denied because of the negative effects of such money on creativity, idealism and general coolness). Venture capital comes with a catch, and that is that you have to deliver in terms of revenue. Tuurf does not have to deliver anything except exceptional performance to its users. Now take that for a pitch!