Startup Class '07 and '08 at Telecom ParisTech
In my previous post if been detailing 9 steps to make sure your startup exists. Inspired by an initial idea of Chris Exline, I decided to make a small survey of the startups admitted at the Incubator of Telecom ParisTech in 2007 and 2008 (startups are hosted 18 months by the incubator, and then kicked-out, that’s the rule).
To figure out how well the startups of the incubator were doing, I came up with a simple score the startup websites.
Survival test for startup websites
- +2 if look & fell is GOOD.
- +1 if look & fell is just OK (zero if horrid).
- +2 if benefits of product or service is clear.
- +1 if I must struggle to figure out the benefits. (zero if I am still clueless about benefits after struggling)
- +1 if there is no happy talk
- +1 if PageRank is greater than 3 for a B2B company.
- +1 if PageRank is greater than 5 for a B2C company.
- +1 if there is an English version.
- +1 if people can buy or consume right away.
- +1 if there are news.
- +1 if there are forums.
The maximal score for this test is 10. One can argue that this test is very subjective. Frankly, after reviewing 50 companies, I rather think otherwise.
Any website with a decent, professional looking is ranked as GOOD with 2 points - no need for flashy graphics, decent is enough. In the other hand, if the website feels amateurish (colors messed-up, random layout) but still functional, then it’s OK, you get 1 point. If the website is utterly broken in design or in navigation, then it’s zero point.
Same for the benefits. If I can get a rough idea, in less than a minute, of the added-value of your company, then you get 2 points. I mean no need for detailed ideas, big picture is enough. If I have to struggle for 5 mins to finally guess what could be your added value, then it’s 1 point. If after 5 mins, I am still utterly clueless, then it’s zero point.
Concerning the PageRank, I am putting a much lower threshold for B2B website, because those folks typically need 100x times less customers than B2C companies to be profitable.
Not having a English version is like shooting yourself a bullet in your feet. The French market is small, so small, compared to USA+UK+Canada+India+Australia. To get 1 point here, you don’t need to have translated everything in English, any portion that makes sense is enough.
In my opinion:
- any 6 months old startup should get at least 6/10.
- any 18 months old startup should get 9/10.
I have collected raw data for 52 startups (raw results below, and here are the results at present date 2009-04-21.
Disclaimer: I have a strong bias toward Lokad since it’s my own company so it was removed from the study.
07 class
- 9 DisMoiOù
www.dismoiou.fr
- 9 Lingueo
www.lingueo.com
- 8 Connecthings
www.connecthings.com
- 8 Helia
www.helia.fr
- 8 La Cartoonerie
www.lacartoonerie.com
- 8 LivePepper
www.livepepper.com
- 8 Netineo
www.netineo.com
- 8 PREXENS
www.prexens.com
- 8 Teacheo
www.teacheo.com
- 7 FrenchSet
www.frenchset.com
- 6 Adminext
www.adminext.com
- 6 EtherTrust
www.ethertrust.com
- 6 InovaCours
www.inovacours.com
- 6 Tellus
www.tellus.fr
- 5 FamilyBy
www.familyby.com
- 5 Adipsys
www.adipsys.com
- 5 Lixys
www.lixys-sa.com
- 4 Needer
www.needer.com
- 3 Connect and Go
www.connectandgo.fr
- 3 Patent Organizer Software
www.patent-organizer.com
- 3 Nexess
www.nexess.fr
- 2 MobiNear
www.mobinear.com
- 1 Alphacode
www.alphacode.eu
- 1 Système Polaire
www.systeme-polaire.com
- 0 Takys
www.takys.fr
Average score: 5.5
‘08 Class
- 9 OOdesk
www.oodesk.com
- 8 Accessif
www.7hls.com
- 8 Haploid
www.haploid.fr
- 8 Hellocoton
www.hellocoton.fr
- 8 PlayAdz
www.playadz.com
- 7 CapAngel
www.capangel.com
- 7 Jaxio
www.jaxio.com
- 7 OhMyMode
blog.ohmymode.com
- 6 Ecce Vino
www.eccevino.com
- 6 Quelle Energie
www.quelleenergie.fr
- 6 Actimos
www.actimos.com
- 6 Kwaga
www.kwaga.com
- 5 Ineovation
www.ineovation.fr
- 4 Eyes Triple Shut
www.eyes3shut.com
- 4 Hedera Technology
www.hederatech.com
- 4 Plugnsurf
www.plugnsurf.fr
- 3 Absysseo
www.absysseo.com
- 3 Aquilant Technologies
www.aquilant.com
- 3 Faveod
www.faveod.com
- 3 The Metrics Factory
www.themetricsfactory.com
- 2 FI Technologies
www.fitechno.com
- 2 Media Mobility
www.media-mobility.com
- 2 nYouLinK
www.nyoulink.com
- 2 SeQureNet
www.sequrenet.fr
Average score: 5.3
To be honest, those results look rather poor to me.
- Two thirds of those startups don’t offer any chance to their customer to buy or consume the product or service online.
- Roughly one third of those startups are not able to express the benefits they could bring to their customers.
- More than half of the startups can’t get even a limited English version of their website.
Moreover, startups do not improve much over time. Considering 2007 vs 2008, if feel like if there were two categories of startups:
-
the ones that got a good website right from the start.
-
the ones that will never get a good one.
Yet, my own experience told me it’s so obviously not true. Just have a look at the first version of the Lokad website and compare with the current one. Granted, I am still far from what branding geniuses like Apple could produce, but still.
I would be interested to see how other incubators are doing on their own.
Raw results
2007
Startup name | website | b2b or b2c | stealth | look & feel | benefits | happy talk | pr | alexa | eng | buy | news | community | Score |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
DisMoiOù | www.dismoiou.fr |
b2c | no | good | yes | no | 5 | 130K | yes | yes | yes | yes | 9 |
Lingueo | www.lingueo.com |
b2b | no | good | yes | no | 4 | 900K | yes | yes | no | yes | 9 |
Helia | www.helia.fr |
b2c | no | good | yes | no | 4 | 144K | no | yes | yes | yes | 8 |
La Cartoonerie | www.lacartoonerie.com |
b2c | no | good | yes | no | 5 | 29K | no | yes | yes | yes | 8 |
LivePepper | www.livepepper.com |
b2b | no | good | yes | no | 4 | 2.5M | yes | yes | no | no | 8 |
Netineo | www.netineo.com |
b2b | no | good | yes | no | 4 | 900K | yes | yes | no | no | 8 |
PREXENS | www.prexens.com |
b2b | no | good | yes | no | 3 | 4M | yes | yes | yes | no | 8 |
FrenchSet | www.frenchset.com |
b2c | no | good | yes | no | 3 | 23M | no | yes | yes | no | 7 |
Teacheo | www.teacheo.com |
b2c | no | good | yes | no | 0 | 1.6M | yes | yes | yes | no | 8 |
Adminext | www.adminext.com |
b2b | no | good | yes | no | 4 | 14M | no | no | yes | no | 7 |
Connecthings | www.connecthings.com |
b2b | no | good | yes | no | 5 | 6M | yes | no | yes | no | 8 |
EtherTrust | www.ethertrust.com |
b2b | no | ok | yes | no | 4 | 3M | yes | no | no | no | 6 |
InovaCours | www.inovacours.com |
b2c | no | good | yes | no | 3 | 16M | no | yes | no | no | 6 |
FamilyBy | www.familyby.com |
b2c | no | good | yes | no | 3 | 1.9M | no | no | no | no | 5 |
Lixys | www.lixys-sa.com |
b2b | no | horrid | struggle | no | 4 | 13M | yes | no | yes | no | 5 |
Tellus | www.tellus.fr |
b2c | no | good | yes | no | 3 | 22M | no | yes | no | no | 6 |
Adipsys | www.adipsys.com |
b2b | no | ok | struggle | no | 4 | 0 | yes | no | no | no | 5 |
Needer | www.needer.com |
b2c | no | good | struggle | no | 4 | 10M | no | no | no | no | 4 |
Connect and Go | www.connectandgo.fr |
b2c | no | horrid | yes | no | 3 | 0 | no | no | no | no | 3 |
MobiNear | www.mobinear.com |
b2b | no | horrid | no clue | yes | 5 | 6M | yes | no | no | no | 2 |
Nexess | www.nexess.fr |
b2b | no | ok | struggle | yes | 4 | 0 | no | no | no | no | 3 |
Patent Organizer Software | www.patent-organizer.com |
b2b | no | ok | struggle | yes | 6 | 0 | no | no | no | no | 3 |
Alphacode | www.alphacode.eu |
b2b | yes | horrid | no clue | no | 0 | 0 | no | no | no | no | 1 |
Système Polaire | www.systeme-polaire.com |
b2b | yes | horrid | no clue | no | 3 | 17M | no | no | no | no | 1 |
Takys | www.takys.fr |
b2b | no | horrid | no clue | yes | 3 | 0 | no | no | no | no | 0 |
20098
Startup name | website | b2b or b2c | stealth | look & feel | benefits | happy talk | pr | alexa | eng | buy | news | community | Score |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Lokad | www.lokad.com |
b2b | no | good | struggle | no | 6 | 320K | yes | yes | yes | yes | 9 |
Accessif | www.7hls.com |
b2c | no | good | yes | no | 4 | 4.8M | no | yes | yes | yes | 8 |
Haploid | www.haploid.fr |
b2c | no | good | yes | no | 4 | 2.3M | yes | yes | yes | no | 8 |
Hellocoton | www.hellocoton.fr |
b2c | no | good | yes | no | 4 | 50K | no | yes | yes | yes | 8 |
OOdesk | www.oodesk.com |
b2c | no | good | yes | no | 4 | 1.2M | yes | yes | yes | yes | 9 |
PlayAdz | www.playadz.com |
b2c | no | good | yes | no | 0 | 3M | no | yes | yes | yes | 8 |
CapAngel | www.capangel.com |
b2c | no | good | yes | no | 4 | 800K | no | yes | yes | no | 7 |
Jaxio | www.jaxio.com |
b2b | no | good | yes | no | 4 | 8.4M | no | no | yes | no | 7 |
OhMyMode | www.ohmymode.com |
b2c | no | good | yes | no | 4 | 1.9M | no | no | yes | yes | 7 |
Quelle Energie | www.quelleenergie.fr |
b2c | no | good | yes | no | 4 | 780K | no | no | yes | no | 6 |
Actimos | www.actimos.com |
b2c | yes | good | yes | no | 3 | 29M | yes | no | no | no | 6 |
Ecce Vino | www.eccevino.com |
b2c | no | good | yes | yes | 4 | 1.1M | no | yes | yes | no | 6 |
Kwaga | www.kwaga.com |
b2c | yes | good | yes | no | 3 | 2M | yes | no | no | no | 6 |
Eyes Triple Shut | www.eyes3shut.com |
b2b | no | horrid | yes | no | 3 | 17M | yes | no | no | no | 4 |
Ineovation | www.ineovation.fr |
b2b | no | ok | struggle | no | 4 | 28M | no | no | yes | no | 5 |
Aquilant Technologies | www.aquilant.com |
b2b | no | ok | struggle | yes | 2 | 29M | yes | no | no | no | 3 |
Hedera Technology | www.hederatech.com |
b2b | yes | ok | yes | no | 3 | 17M | no | no | no | no | 4 |
Absysseo | www.absysseo.com |
b2b | no | good | struggle | yes | 3 | 25M | no | no | no | no | 3 |
Faveod | www.faveod.com |
b2b | no | ok | struggle | yes | 3 | 8.5M | yes | no | no | no | 3 |
FI Technologies | www.fitechno.com |
b2b | no | horrid | struggle | yes | 0 | 8.5M | yes | no | no | no | 2 |
Media Mobility | www.media-mobility.com |
b2b | no | horrid | struggle | yes | 0 | 0 | yes | no | no | no | 2 |
Plugnsurf | www.plugnsurf.fr |
b2c | no | ok | no clue | no | 4 | 0 | yes | no | yes | no | 4 |
The Metrics Factory | www.themetricsfactory.com |
b2b | no | horrid | no clue | no | 4 | 15M | yes | no | no | no | 3 |
nYouLinK | www.nyoulink.com |
b2c | yes | ok | no clue | no | 0 | 3M | no | no | no | no | 2 |
SeQureNet | www.sequrenet.fr |
b2b | no | ok | struggle | yes | 0 | 0 | no | no | no | no | 2 |
Reader Comments (2)
Hey, I almost entirely agree with your rankings, so I do not think it’s a subjective exercise either… There’s definitely room for improvement in most cases Julien
April 22, 2009 | Julien C
This is an excellent and quite original article Joannes ! I wonder what the results would be if you extrapolate the test to other start-ups incubated in other French … or US (!) incubators ? I should try to apply this the test to the start-ups at the Agoranov Paris incubator ! I will keep you posted. All best, Emmanuel
April 23, 2009 | Emmanuel