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
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