MVP Academy Batch of 2016: Demo Day

We’re close to wrapping up the 3rd edition of MVP Academy accelerator after 2 months of hard work. The 17 startups in our batch of 2016 are now getting ready to take the stage during Demo Day to pitch their products & showcase their progress. Save your front row seat here to help us create a challenging audience for these guys!

MVP Academy Demo Day will take place on Monday, May 30, 17:00 at Cinema Pro (Blvd. I.C. Bratianu, no. 6) and will bring together 500+ key actors in the regional tech ecosystem: investors, successful entrepreneurs, tech professionals, journalists, potential partners and community leaders. The startups in the MVP Academy batch of 2016 will pitch their products & business models on stage and will then have the chance to network with people in the audience and hence to identify further development opportunities, start discussions for new financing rounds and/or potential strategic partnerships.

MVP Academy 2016: Meet the coaches

We’re one month into MVP Academy accelerator now and it’s an intense experience for both ourselves, the team behind the program, and the 17 promising startups that are part of our batch. We’ve been working together over the past weeks and we got loads of learning and work done. The startups have been attending dedicated workshops, “Ask me anything” & mentoring sessions, and, above all these, they received hands-on support from our trusted coaches during the 1-on-1 weekly meetings.

Most of the startups that are part of MVP Academy Batch of 2016 have already launched their products (or preorders will be available soon), they generate revenues and/or have at least one active client or pilot in place. They are committed to build sound businesses at global scale and their hard work translated into significant progresses being made so far. Hence the need to bring onboard more experienced coaches to offer business consultancy and help our startups shape their strategies and launch their products on the global market.

Metrics, Metrics: Measure to optimize

You can only manage what you can measure. You’ve probably heard this old saying before, and it is widely applicable when it comes to product management. You need to choose the right metrics to look at and have a good understanding of them in order to be able to optimize every single stage of your product development process. This is what the MVP Academy Batch of 2016 learnt this week in a workshop delivered by Bogdan Ripa, Director of Product at Vector Watch & MVP Academy Coach.

Entrepreneur at heart, Bogdan has Co-Founded his first startup when he was only 21 years old. He started by doing outsourcing work (consultancy for websites, web apps, ERP systems, analytics tools), but he got bored by doing repetitive things and decided to make a shift and start building his own products. 6 years later, the company he Co-Founded was bought by Adobe Romania, where he worked in engineering and product management until last year. Bogdan is an experienced product manager that enjoys creating products to help people deliver excellent online experiences for their customers. He is now Director of Product for Vector Watch, while offering hands-on product support to the startups that are currently accelerated in MVP Academy Batch of 2016.

Startup Case Study: uberVU – from idea to exit & beyond

If you’ve started working on your tech startup, you’re probably aware by now that the road ahead is paved with lots of challenges. Talking with people that embarked on this journey and built successful businesses at global scale might help you overcome your struggles faster and find better solutions to the problems you’re facing. This is why we are grateful that Vladimir Oane, Co-Founder of uberVU, accepted our invitation to share the lessons learnt along his entrepreneurial journey with the MVP Academy Batch of 2016. 

Back in 2008, Vladimir Co-Founded uberVU, one of the first all-in-one social media services in the world highlighting insights from billions of conversations happening on many social platforms (Facebook, Twitter, blogs, etc). They won Seedcamp in 2008, rapidly turned into the service of choice for thousands of customers around the world, closed two financing rounds and were acquired by Hootsuite in January 2014.

Meet the MVP Academy Batch of 2016

Today we proudly present you the MVP Academy Batch of 2016: for the next two months 17 startups with global potential will be accelerated at TechHub Bucharest and will get all the support they need to build successful products and businesses at global scale.

Selecting the best and brightest startups from many quality applicants wasn’t an easy task to accomplish. That’s why our special thanks go to our experienced jury who took the time to carefully evaluate the applications and make sure THE most promising teams make it into the program: Robert Knapp (Co-Founder & CEO, CyberGhost); Cosmin Ochișor (Business Development Manager, hub:raum); Mihai Sfințescu (private equity/venture capital investor); Carmen Sebe (angel investor) and Bogdan Iordache (Managing Director, MVP Academy).

Lessons learnt from failure: from to Bunch

An interesting product does not necessarily translate into a viable business. This is a common mistake first-time entrepreneurs make: they invest a lot of time and energy in building a nice-to-have product that eventually fails. Back in 2014, monitored all your social media activity, stored your interests and turned them into actionable items. They were part of the first batch of MVP Academy and seemed to have promising perspectives ahead.  

And still… a couple of months after graduating the program they closed doors. How and why did this happen and why did they decide to start again with Bunch, an event networking app? Andrei Diaconu, Co-Founder of Bunch, kindly accepted our invitation to share their experience and the lessons learnt along this journey.

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