<p>The #StartupStack
In partnership with
From
@TechCityUK
@stripe
In partnership with
From
The #StartupStack
It used to cost £3.3m to launch a tech startup.
2000
£3.3m
2005
£275,000
2009
£32,000
2011
£3,200
Source: CB Insights, 2015
@TechCityUK
@stripe
In partnership with
From
The #StartupStack
It used to take startups twice as long
to grow and go global.
Source: Atomico, 2015
72
months
25
months
Founded
2003 - 2008
Founded
2009+
Time taken to reach 100m users
41
months
22
months
Founded
2003 - 2008
Founded
2009+
Time taken to internationalise
from year of founding
@TechCityUK
@stripe
In partnership with
From
The #StartupStack
Why the change?
A suite of cloud-based tools designed to help
entrepreneurs easily outsource and automate the
fundamentals of running a business, such as data
storage, accepting payments or team collaboration.
The #StartupStack
@TechCityUK
@stripe
In partnership with
From
The #StartupStack
Source: Tech City UK - Stripe Startup Stack Survey, 2016
The UK #StartupStack
190+ tools names across 13 business functions
Legal & Compliance
Database Management
Human Resources
Accounting
Code repositories
Cybersecurity
Customer Support
Recruitment
Hosting & Data Storage
Team Collaboration & Communication
Customer Relationship Management
Analytics
Payments
@TechCityUK
@stripe
In partnership with
From
The #StartupStack
These tools are making it easier and
cheaper to start a tech business today.
70%
believe some UK startups would
not be able to exist without the
stack of tools they use.
6 - 15
tools used by typical tech
startup today, according to
majority of respondents.
85%
agree that tools have made it
cheaper to start a tech business.
89%
agree that tools have made it
easier to start a tech business.
Source: Tech City UK - Stripe Startup Stack Survey, 2016
@TechCityUK
@stripe
In partnership with
From
The #StartupStack
Today, startups don’t reinvent the wheel.
Source: Tech City UK - Stripe Startup Stack Survey, 2016
Less than 10% build their
own payments infrastructure
Less than 12% build the