- This event has passed.
OxEN Virtual Bootcamp 16 – Operational Excellence for Startups
About this event
Operational Excellence for Startups
Adam Cragg and Paul Wilkes are partners at Osney Capital, a venture fund launching in late 2021 focussed on early-stage enterprise technology companies.
The Osney team have been focussed on understanding the reasons why startups fail. Accepted wisdom is that it’s all about product-market fit, and that is a large part of it. But this ignores other factors that are particularly relevant at a time when the markets are less buoyant or predictable. They found that approximately a third of startup failures were a result of poor operations; the founders had failed to build the foundations of a business that could scale quickly as they found product market fit.
In this session, Paul and Adam will discuss what they look for in a startup, explain what operational excellence looks like in a young company, and how early-stage founders can start to build resilient, scalable companies.
About the Speakers:
Adam has served as the Chief of Staff of the MIT Entrepreneurship Center, the Founding Manager of the NYU Entrepreneurship Lab, and was a Founding Partner of Quake Capital a seed-stage investor and accelerator. Quake made Forbes’ list of the top ten VCs globally. Adam has invested in over one hundred and thirty start-up businesses at seed stage, with an audited IRR of 23%, and brings a wealth of experience in supporting businesses through their early years. He has an EMBA from Oxford University and is a member of Harris Manchester College.
Paul has over 15 years of experience as a financial services and regulatory lawyer, including eight years as a partner leading the corporate team at offshore law firm Collas Crill LLP, building and nurturing high-performing teams and advising on venture capital fund and joint venture structuring, mergers and acquisitions, banking & finance and financial services regulation. He is a startup mentor and advisor to spinouts and entrepreneurs from Oxford University and further afield, working with Oxford University Innovation, the Oxford Entrepreneurship Centre and the Innovation Forum. Paul has an EMBA from Oxford University and is a member of Keble College.