TEN13 Founders Conference

Thursday

• The Amazing Race
• Car Next Door
• Clipchamp
• Panel discussion
• Wayne Bennet

Friday

• Amphibian Aerospace
• Laser tag

Amazing Race

• Teams of 9/10
• 12 challenges + final battle
• Collect things at some challenges
• Helicopter ride
• Build a catamaran
• Start a fire
• Build a catapault

Car Next Door

• Launched in Byron Bay
• Bunch of capital raises (over summer)
• Raising is hard (easy to say no)
• Tried to sell to Turno (fell through)
• Pitched renting cars to Uber
• Being acquired = 6-10x harder than a raise
• Left money on the table
• Should have discussed founders deal earlier
• First 6 months are absolute hell

Clipchamp

• Many pivots (democratic votes)
• Distributed computing
• Video compression
• Video editing
• Tried to raise a bunch of times
• Simple "record button" was the game changer
• Global Google deal
• 8 companies trying to acquire them
• Sold to Microsoft, 2.5x above offer (absolute max)
• Google was mad

Panel discussion

• Clipchamp - Alex Dreiling
• Car Next Door - David Trumbull, Will Davies
• Notiv - Chris Raethke
• Cohort Go - Mark Fletcher

Wayne Bennet

• Reference checks > CV
• Can't motivate the unmotivated
• Go to war with 10 people
• The standard you walk past
• Can't be a coach if you want to be liked
• Constant feedback (POW analogy)
• Be open about non-negotiables
• Two wolves story

Amphibian Aerospace

• loves doing the things people say are impossible
• well connected
• exported military plane parts put of vietnam
• bought rights to build an aquaplane
• building the plane in Aus because government support

Amphibian Aerospace