- Accademia Maestri Pasticceri Italiani
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- We The Italians | Fabrizio Capobianco (Founder and CEO iwojafevazyx.ml)
- Fabrizio Capobianco (Founder and CEO TOK.tv)
Look, there are those who sometimes describes me as a brain drain, and this irritates me always a bit. It is not a mathematical equation that all those who leave are "brains", or that all the "brains" are intended to emigrate quickly: When I talk about Italy and the fact that there is no better place in the world where to make software, a lot of people do not understand: I bet with Funambol tens of millions of dollars on this concept, because I really do believe it, and now with TOK. We have people in Ragusa, in Cagliari, Rome, Milan and several other places that make the highest quality software, with a positive mindset very different from what the television wants to make believe it's the Italian's average attitude.
We are a country of entrepreneurs, one in which the rate of companies by number of inhabitants is the highest in Europe: Yet in Italy meritocracy somewhere exist: In soccer those who play are the best, those who are in better shape; not those who has a famous surname or is paid more or is older actually, is the contrary. And it works this way in Serie A as like as when a bunch of kids play at the oratory. This is why I say that in Italy, out of sports, what's lacking is the spirit of team competition: In the high tech field this is how it goes, and startups are the companies which are giving jobs in this economy: It's a cultural issue: From the regulatory point of view, what are the top three things you would do if you had the power to introduce reforms in the Italian legislation?
I do not know in the details Italian regulations, honestly. For one thing, it would help to solve the problem of payments, although it seems to me that a little has already been done: The biggest and most difficult problem, but also the one that really needs to be faced and solved, is the issue of flexibility in the labor market.
Accademia Maestri Pasticceri Italiani
The current job market, and in particular the high tech sector, in which the vast percentage of startups operate, is completely different from that for which the actual Italian laws were drawn. Software engineers should not have the same contract of a metalworker or a machinist! These are two very different worlds: This is demonstrated by the Silicon Valley: I here have a contract "at-will": I understand that in Italy many think this is a nightmare, but the employees here in Silicon Valley are the happiest in the world: Maybe here is an excess, the American model is perhaps too abrupt in the opposite direction, but the sense is that in areas such as high tech too much protection becomes a burden and causes lack of growth.
It seems to me that in Italy somebody is trying to do something in this regard, but we should do more, even culturally, to broaden the flexibility.
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We need a safety net, but not holding back companies. Especially the high tech ones. This concept is also linked to another one, which is also very important, that scares any foreign investors: Here, companies are closed in half a day, when you realize that they lack the ability to move forward. Who has invested wants to go forward to the next project, not to drag in attempts and negotiations that take no account of the reality of things: It is the concept of risk, which is contained in every business, everywhere. If you do not recognize it, investors do not come.
Which advice can you give to young Italian entrepreneurs who are reading us, or to those who are still not entrepreneurs but feel they have ideas that could give life to a business, in case they wanted to try to develop their company in the United States? First, you have to come here with a company that already exists: There are people here who know very well how to help to do so, M31 for instance. You have to be here if you want to capture this market, and maybe find someone who can buy you, when you'll be successful.
For those who want to do startups and fundraising here, let me be clear. I have seen many, but those who have managed to be financed in an important way, at least over a million dollars, are very few.
It is not easy, there is a lot of competition and sometimes in Italy they think of Silicon Valley as the fantasy place where dreams come true easily: They undoubtedly should have the right idea and the desire to stay here and "become Americans. The decisions of venture capital are not based on thin, secrets and complicated algorithms, but on the impression you do: If you do not speak the language well, you are strongly disadvantaged. So first of all you have to come here and learn, and this I recommend to everyone, immediately.
Take your suitcase, come here - where there are also very beautiful places, attend the summer school at Mind the Bridge and participate to barcamps; you have the Gymnasium, you know the dynamics, you are together with other Italian and international startuppers I assure you that at the end of this period you could tell a lot about yourself and your business idea, which is a very important thing, even if in the end you decide to stay in Italy.
Everything here moves at a higher speed. Then, if you are convinced, if you are realizing what you have learnt here, it would be good to gather some money in Italy - between business angels and other opportunities to get started - and come here only when you have "traction". When you come here you have to be ready to sell, at the beginning of your acceleration. You have to get here with a million users - possibly international, not just Italians, you must already be a bit successful, to interest American investors.
E lui, che non perde mai il sorriso, ce lo perdona sempre. Io sono sempre stato un amante degli Stati Uniti, fin da bambino, quando leggevo di baseball e li avevo nel cuore: Venni in Silicon Valley per la prima volta per un mese a 18 anni, a studiare, e mi piacque molto. Mi ricordo che mi sono venuti a prendere, nel building 4, e i primi due uffici che ho visto erano quelli di Hewlett e di Packard: Il giorno dopo mi ha risposto suggerendo alcune modifiche, che io ho apportato: Io avevo sentito parlare di questa persona due giorni prima, ed era un progetto molto grande per noi.
We The Italians | Fabrizio Capobianco (Founder and CEO iwojafevazyx.ml)
Ho chiamato i miei soci in Italia e dissi loro di aver chiuso il deal, ma ovviamente loro facevano fatica a credermi. I capitali americani che abbiamo preso nel corso degli anni assommano a oltre 30 milioni di dollari, e li abbiamo usati per sviluppare interamente in Italia il nostro software, usato ormai da decine e decine di milioni di persone nel mondo. Qui in Silicon Valley io ho visto indiani, cinesi, thailandesi che sviluppano software: Ecco, parliamo della tua prossima avventura.
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In qualche modo, anche questo nasce dal tuo desiderio di abbreviare le distanze virtuali, nel tuo caso tra Stati Uniti e Italia. La tv nasce sociale: Abbiamo allora iniziato col baseball: Abbiamo avuto un ottimo successo: Abbiamo fatto anche un test per la serata degli Oscar, quindi fuori dal contesto sportivo: Tra le cose che fai, ci sono anche alcune collaborazioni con progetti che fanno un grande lavoro di promozione e aiuto per i giovani italiani con idee imprenditoriali creative, come Mind the Bridge.
Quando ho iniziato a fare lo startupper nel la parola non esisteva in Italia, ma anche nel in America la conoscevano in pochi. Quindi ho creato il Funambol Gymnasium, per aiutare imprenditori italiani che volevano venire in Silicon Valley. Sono tante le startup italiane che sono state qui tre mesi e poi sono tornate in Italia riportando la cultura imprenditoriale assorbita qui.
Io ogni anno sono tra chi seleziona le startup italiane che partecipano a Mind the Bridge: Questo boom non deve far dimenticare il fatto che fare startup vuol dire fare una gran fatica: Qui succede tutti i giorni. E allora te lo chiediamo: Per questo dico che in Italia, fuori dallo sport, manca lo spirito di competizione di squadra: Dal punto di vista normativo, quali sono le prime tre cose che faresti se avessi il potere di introdurre riforme nella legislazione italiana? Non conosco molto a fondo le normative italiane, onestamente.
Fabrizio Capobianco (Founder and CEO TOK.tv)
Soprattutto per una startup. Gli ingegneri informatici non possono avere il contratto da metalmeccanico! Lo dimostra la Silicon Valley: Capisco che in Italia ci sia chi pensa che sia un incubo: Enter your mobile number or email address below and we'll send you a link to download the free Kindle App. Then you can start reading Kindle books on your smartphone, tablet, or computer - no Kindle device required. To get the free app, enter your mobile phone number. Would you like to tell us about a lower price? Read more Read less.
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