Past seven years statistics at Etohum
This year, Etohum process started in July and ended on 22 November. Since 2008, the number of received applications tops to 10.566, 2505 of which have been received in 2015 alone. From this year’s applicants, we made Skype conversations with more than 500 startups and, after the first elimination round, in one week we held face to face meetings with 120 of these startups. We offered partnership to the selected 16 startups and started mentorship meetings with them. In difference from previous years, in 2015 only our partner startups were able to join these mentorship meetings. Since we were founded in 2008, 251 startups were selected in Etohum’s process: %65 of these startups’ lights are open, %35 of them closed their doors. In up & running %65 startups, %45 of them are working for growth, %10 of them became ‘star company’ (got VC investment or became profitable with their own model), and %4 of them became rapid growing companies and received highly valued investments.
Since 2008, we have partnered with 64 startups from these 251. These 64 companies, comprising %6 of all, include Evidea.com, Connected2me, Pembepanjur.com and bookme.pk, which are rapidly growing companies, different from the rest. As part of the other %58 - 37 startups are working on growth. The other %36 closed their doors. You can find our successful startups list below: - Malzemem.com > evidea > received investment from Emre Kurttepeli and Tiger Global - Infodif > received investment from Hasan Aslanoba and some of the angel investors - Grupanya > received investment from Intel VC and angel investors - Connected2me > received investment from 15 angel investors and 500 Startups - Filoline.net > parcadeposu.com > received investment from 212 VC - Anneysen > received investment from Hasan Aslanoba and angel investors - Invidyo > received investment from Selçuk Saraç - Ode.al > received investment from Sanko - Pembepanjur.com > received investment from 18 angel investors - Smartnews > got acquired - Betikus > gideros > received investment from 15 angel investors - Unisbul.com > received investment form kariyer.net / ilab - Parlakbirgelecek > received investment from 500 Startups - Apsiyon > received investment from Yıldırım Holding - Volt > received investment from Hasan Aslanoba - Obilet.com > received investment from Hasan Aslanoba and Earlybird Ventures - Iyibilir.com > aqcuired by Doğa Holding - Otoredi > got acquired - Mydlp > got acquired Etohum process has changed! Until today, we have chosen nearly 40 startups and invited them to our camp. After the mentorship camp, we offered partnership to the startups, which we liked. This year we changed our process and invited only our partner startups to our mentorship camp. Etohum is becoming a partner to startups with %5 nominal shares and another %5 option shares to use in 2 years. This second option can be maximum 20.000 USD. This value adjusts according to the startup’s process at that time. You can read our protocol signed with the startups from this link.
This years our startups received mentorship from: Bernard Huang, Ross Kingsland, Eamonn Carey, Sean Percival, Niko Bonastos, Marvin Liao, Andrea Barrica, Melissa Perri, Aaron Ginn, Dave Zohrob, Vivek Boray, Justin Mares, Bas van den Beld, Hiten Shah, Jamie Quint and lots of Turkish mentors. Startups will be presenting first to our investors in January. They will participate in Startup Turkey in February, San Francisco Demo Day in June and Startup Istanbul in September.