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Spanish startups: in search of the unicorn
Did you know that Spanish startups are about to raise 500
million euros a year?
Or that the creation of companies like Facebook or Google
would not have been possible if it weren't for business angels?
Do you know what a starter unicorn is?
Without wanting to reach millions of euros, perhaps you have
ever wondered if so-called startups are a phenomenon and not countries like the
United States. However, in Spain more than 2,500 companies are called that way.
Spanish startups are very technology-oriented. In fact, more than 20% is
dedicated to e-commerce and another 20% to social media and mobility. The most
important are companies like Wallapop, Letgo or Jobandtalent, but there are
many more. The figures for this year are 474 million euros and 3,700 jobs, but
the forecast for 2016, according to a study by startupxplore, is 920 million
and 7,000 jobs.
To start a startup, it takes more than a good idea: Google
and Facebook had it, but according to their story, at first few understood the
concept of search engine or social network. Then business angels or outside
investors come into play, constituting informal venture capital by investing
money and contacts. Andy Bechtolsheim, co-founder of Sun Microsystems, was well
versed in the search engine business model and wrote Google a check for $
100,000. Meanwhile, Jim Breuer of Accel Partnerss invested $ 12 million in
Facebook while it was a college project. Some would say that this is not
possible in Spain, but Wallapop has already raised a large amount of funds from
New York.
Ultimately, investors rarely lose money; And if they are
betting on an idea, it is usually because it has enormous potential. Not
because this is our line of business, but because technology makes our lives
easier and startups mainly influence the areas in which technology creatively
solves needs. No one could have imagined a company like Blablacar decades ago,
but it is close to becoming a “unicorn,” a startup worth more than a billion
dollars.
A startup must have at least three elements:
Innovation to generate new ideas.
Modern and advanced technology.
Imagination to create an unprecedented vision that meets a
real need.
We do not pretend that your company is becoming a startup,
but from their stories we can learn how important it is to bet on technology
and sharpen the imagination to discover new market niches and solutions to the
needs of our clients.
Rest assured that if you find a really good idea that meets
a real need, the value of your product or brand will grow exponentially.
And remember, if you have an idea to improve our software,
be sure to contact us. Additional software is ready to help you.
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