{"id":36825,"date":"2019-10-31T22:14:01","date_gmt":"2019-10-31T19:14:01","guid":{"rendered":"https:\/\/prohoster.info\/blog\/13-faktov-o-venchurnom-remesle-dlya-osnovatelej\/"},"modified":"2019-10-31T22:14:01","modified_gmt":"2019-10-31T19:14:01","slug":"13-faktov-o-venchurnom-remesle-dlya-osnovatelej","status":"publish","type":"post","link":"https:\/\/prohoster.info\/cs\/blog\/news\/13-faktov-o-venchurnom-remesle-dlya-osnovatelej","title":{"rendered":"13 fakt\u016f o venture kapit\u00e1lu pro zakladatele","gt_translate_keys":[{"key":"rendered","format":"text"}]},"content":{"rendered":"

\"13
\n
\nSeznam zaj\u00edmav\u00fdch statistick\u00fdch fakt\u016f \u2013 inspirovan\u00fdch z\u00e1pisy z m\u00e9ho Telegram kan\u00e1lu Groks<\/a><\/noindex>. Popsan\u00e9 n\u00ed\u017ee v\u00fdsledky r\u016fzn\u00fdch v\u00fdzkum\u016f jednou zm\u011bnily m\u016fj pohled na rizikov\u00e9 investice a startupov\u00e9 prost\u0159ed\u00ed. Douf\u00e1m, \u017ee i pro v\u00e1s budou tyto pozorov\u00e1n\u00ed u\u017eite\u010dn\u00e9. Pro v\u00e1s, kte\u0159\u00ed se na kapit\u00e1lov\u00e9m poli d\u00edv\u00e1te z pohledu zakladatel\u016f.<\/p>\n

1. Pr\u016fmysl startup\u016f miz\u00ed na pozad\u00ed globalizace<\/h2>\n

\nMlad\u00e9 spole\u010dnosti mlad\u0161\u00ed ne\u017e dva roky tvo\u0159ily v roce 1985 13 % ve\u0161ker\u00e9ho podnik\u00e1n\u00ed v USA, zat\u00edmco v roce 2014 jejich pod\u00edl klesl na 8 %. Je je\u0161t\u011b d\u016fle\u017eit\u011bj\u0161\u00ed, \u017ee procento zam\u011bstnanc\u016f v soukrom\u00e9m sektoru pracuj\u00edc\u00edch pro tyto mlad\u00e9 spole\u010dnosti se ve stejn\u00e9m obdob\u00ed t\u00e9m\u011b\u0159 zmen\u0161ilo na polovinu.<\/p>\n

S ka\u017ed\u00fdm rokem je st\u00e1le obt\u00ed\u017en\u011bj\u0161\u00ed konkurovat obrovsk\u00fdm korporac\u00edm v boji o talenty<\/b>. V Quartz vysv\u011btlili<\/a><\/noindex> tento jev podrobn\u011bji. Ch\u00e1pu, \u017ee statistika se vztahuje pouze k \"nejvoln\u011bj\u0161\u00edm\", ale jsem p\u0159esv\u011bd\u010den, \u017ee tento probl\u00e9m se do ur\u010dit\u00e9 m\u00edry t\u00fdk\u00e1 ka\u017ed\u00e9 kapitalistick\u00e9 zem\u011b.
\n<\/a><\/noindex><\/p>\n

2. Polovina v\u0161ech rizikov\u00fdch investic se nevrac\u00ed<\/h2>\n

\nP\u0159itom pouze 6 % v\u0161ech obchod\u016f p\u0159in\u00e1\u0161\u00ed 60 % ve\u0161ker\u00e9ho v\u00fdnosu, uv\u00e1d\u00ed<\/a><\/noindex> Ben Evans z Andreessen Horowitz. T\u00e9ma asimetrie<\/a><\/noindex> pen\u011b\u017en\u00edch tok\u016f zde nekon\u010d\u00ed. Tak nap\u0159\u00edklad 1,2 % v\u0161ech rizikov\u00fdch obchod\u016f p\u0159il\u00e1kalo<\/a><\/noindex> 25 % v\u0161ech rizikov\u00fdch dolar\u016f v roce 2018.<\/p>\n

Pro\u010d je to d\u016fle\u017eit\u00e9? Proto\u017ee zakladatel\u00e9 mus\u00ed myslet jako investo\u0159i<\/b>. A to nejen tehdy, kdy\u017e pl\u00e1nuj\u00ed z\u00edskat prost\u0159edky, ale tak\u00e9 kdy\u017e poprv\u00e9 p\u0159em\u00fd\u0161lej\u00ed o realizaci n\u00e1padu. A\u010dkoliv je velmi obt\u00ed\u017en\u00e9 myslet v t\u011bchto kategori\u00edch \u2014 pouze nejlep\u0161\u00ed investi\u010dn\u00ed fondy na sv\u011bt\u011b p\u0159isp\u011bli<\/a><\/noindex> 100n\u00e1sobky u nejlep\u0161\u00edch spole\u010dnost\u00ed na sv\u011bt\u011b.<\/p>\n

Sn\u00edvat samoz\u0159ejm\u011b nen\u00ed \u0161kodliv\u00e9, av\u0161ak p\u0159ijateln\u00e1 la\u0165ka je kolem 20 % IRR nebo t\u0159i n\u00e1sobky. Pod\u00edvejte se na tempo r\u016fstu, p\u0159e\u010dt\u011bte si n\u011bco o principech hodnocen\u00ed startup\u016f rizikov\u00fdmi kapitalisty. Je po\u017eadovan\u00e1 m\u00edra v\u00fdnosu realistick\u00e1 pro v\u00e1\u0161 projekt?<\/p>\n

3. Objem a po\u010det seed investic klesaj\u00ed<\/h2>\n

\nV roce 2013 \u010dinil pod\u00edl investic v po\u010d\u00e1te\u010dn\u00ed f\u00e1zi v celkov\u00e9m objemu rizikov\u00e9ho kapit\u00e1lu v USA 36 %, zat\u00edmco v roce 2018 tento ukazatel poklesl<\/a><\/noindex> a\u017e 25 %, p\u0159i\u010dem\u017e medi\u00e1n velikosti investice v procentn\u00edm vyj\u00e1d\u0159en\u00ed vzrostl v\u00edce ne\u017e v jin\u00fdch kolech. Tak\u00e9 existuj\u00ed \u00fadaje od Crunchbase, podle kter\u00fdch se po\u010det investic nep\u0159esahuj\u00edc\u00edch 1 milion dolar\u016f za posledn\u00edch p\u011bt let poklesl<\/a><\/noindex> t\u00e9m\u011b\u0159 dvakr\u00e1t.<\/p>\n

Dnes je mnohem obt\u00ed\u017en\u011bj\u0161\u00ed upoutat pozornost investora k projektu v ran\u00e9 f\u00e1zi<\/b>. Velk\u00fdm \u2014 v\u00edce, mal\u00fdm \u2013 m\u00e9n\u011b, jak \u0159\u00edkal Marx.<\/p>\n

4. Interval mezi investi\u010dn\u00edmi koly je dva roky<\/h2>\n

\nTento fakt je zalo\u017eena<\/a><\/noindex> je zalo\u017een na datech o rizikov\u00e9m kapit\u00e1lu za 18 let od za\u010d\u00e1tku dvac\u00e1t\u00fdch let. S l\u00e9ty se objevuje trval\u00fd trend v tempu p\u0159itahov\u00e1n\u00ed kapit\u00e1lu. Rychle rostouc\u00ed jednoro\u017eci \u2014 disperze. M\u011bjte to na pam\u011bti, myslete na rozpo\u010det a bu\u010fte opatrn\u011bj\u0161\u00ed s v\u00fddaji<\/b>, zejm\u00e9na pokud jste ji\u017e uzav\u0159eli kolo v ran\u00e9 f\u00e1zi financov\u00e1n\u00ed.<\/p>\n

V\u017edy\u0165 spalov\u00e1n\u00ed st\u00e1vaj\u00edc\u00edch prost\u0159edk\u016f je druh\u00fdm nej\u010dast\u011bj\u0161\u00edm d\u016fvodem<\/a><\/noindex> krachu startup\u016f. A nejde o to, \u017ee neziskov\u00fd podnik utratil v\u0161echny sv\u00e9 pen\u00edze. Jde o p\u0159\u00edpady uzav\u0159en\u00ed projekt\u016f s \u00fasp\u011b\u0161n\u00fdm obchodn\u00edm modelem, kdy se zakladatel\u00e9 nechali strhnout r\u016fstem a spolehli se na brzk\u00e9 z\u00edsk\u00e1n\u00ed nov\u00fdch prost\u0159edk\u016f.<\/p>\n

5. Akvizice je nejpravd\u011bpodobn\u011bj\u0161\u00ed cesta k \u00fasp\u011bchu<\/h2>\n

\n97 % exit\u016f se odehr\u00e1v\u00e1<\/a><\/noindex> p\u0159i M&A a pouze 3 % p\u0159i IPO. Exitus je velmi d\u016fle\u017eit\u00fd, nebo\u0165 pr\u00e1v\u011b v tuto chv\u00edli dost\u00e1v\u00e1te, va\u0161e t\u00fdm a va\u0161i investo\u0159i zaplaceno. Rizikov\u00ed kapitalist\u00e9 \u017eij\u00ed v\u00fdstupy, av\u0161ak zakladatel\u00e9 st\u00e1le sn\u00ed o jednoro\u017ec\u00edch, vyh\u00fdbaj\u00ed se jak\u00fdmkoliv my\u0161lenk\u00e1m na prodej sv\u00e9 d\u011bti.<\/p>\n

Ale jednou m\u016f\u017ee b\u00fdt u\u017e p\u0159\u00edli\u0161 pozd\u011b. Mnoho podnikatel\u016f prop\u00e1sne poskytnutou p\u0159\u00edle\u017eitost vz\u00edt si pen\u00edze, i kdy\u017e \u010dasn\u00e9 rozhodnut\u00ed prodat podnik m\u016f\u017ee b\u00fdt nejlep\u0161\u00ed rozhodnut\u00ed<\/b>. Mimochodem, v\u011bt\u0161ina exit\u016f se uskute\u010d\u0148uje<\/a><\/noindex> v ran\u00fdch f\u00e1z\u00edch: 25 % na seed, 44 % \u2014 p\u0159ed kolem B.<\/p>\n

6. Nedostatek popt\u00e1vky na trhu \u2014 hlavn\u00ed p\u0159\u00ed\u010dina ne\u00fasp\u011bchu startup\u016f<\/h2>\n

\nAnalytici CB Insights provedli pr\u016fzkum mezi zakladateli zanikl\u00fdch startup\u016f a sestavili<\/a><\/noindex> seznam 20 nej\u010dast\u011bj\u0161\u00edch p\u0159\u00ed\u010din ne\u00fasp\u011bchu nov\u011b vznikl\u00fdch spole\u010dnost\u00ed. Doporu\u010duji se s nimi sezn\u00e1mit, nicm\u00e9n\u011b zde zm\u00edn\u00edm hlavn\u00ed \u2014 nedostatek popt\u00e1vky na trhu.<\/p>\n

Podnikatel\u00e9 velmi \u010dasto \u0159e\u0161\u00ed probl\u00e9my, kter\u00e9 je zaj\u00edmaj\u00ed, nikoli kter\u00e9 slou\u017e\u00ed pot\u0159eb\u00e1m trhu. P\u0159esta\u0148te m\u00edt r\u00e1di sv\u016fj produkt, nevym\u00fd\u0161lejte probl\u00e9my, ov\u011b\u0159ujte hypot\u00e9zy<\/b>. Va\u0161e empirick\u00e9 zku\u0161enosti nejsou statistika, objektivn\u00ed mohou b\u00fdt pouze \u010d\u00edsla. Na tomto m\u00edst\u011b se nemohu nepod\u011blit o benchmarky<\/a><\/noindex> v oblasti SaaS byznysu od Stripe.<\/p>\n

7. Segment B2C2B je v\u011bt\u0161\u00ed, ne\u017e se zd\u00e1<\/h2>\n

\nNa ka\u017ed\u00fd dolar, kter\u00fd firmy utrat\u00ed za n\u00e1kup IT \u0159e\u0161en\u00ed, p\u0159ipad\u00e1 nav\u00edc 40 cent\u016f na p\u0159\u00edm\u00e9 n\u00e1kupy ze strany veden\u00ed. Podstatou je, \u017ee B2B SaaS m\u016f\u017ee b\u00fdt zam\u011b\u0159eno nejen na korpor\u00e1tn\u00ed prodeje, ale tak\u00e9 na specifick\u00fd segment B2C2B (business-to-consumer-to-business).<\/p>\n

A tento model n\u00e1kupu softwaru je charakteristick\u00fd pro v\u011bt\u0161inu kl\u00ed\u010dov\u00fdch odd\u011blen\u00ed ve firm\u00e1ch. Podrobnosti lze nal\u00e9zt v \u010dl\u00e1nku<\/a><\/noindex> rizikov\u00e9ho kapitalisty Tom\u00e1\u0161e Tunguzze z Redpoint \u201ePro\u010d prodej zespoda je z\u00e1sadn\u00ed zm\u011bnou v SaaS\u201c.<\/p>\n

8. Ni\u017e\u0161\u00ed cena nen\u00ed dobr\u00e1 konkuren\u010dn\u00ed v\u00fdhoda<\/h2>\n

\nMnoz\u00ed jsou p\u0159esv\u011bd\u010deni, \u017ee pokud nab\u00eddnou ni\u017e\u0161\u00ed cenu, \u010dek\u00e1 je \u00fasp\u011bch. Ale doba tr\u017ei\u0161\u0165 u\u017e d\u00e1vno skon\u010dila. Z\u00e1kaznick\u00fd servis je z\u00e1kladn\u00edm kamenem ka\u017ed\u00e9ho produktu a existuje mnoho fundovan\u00fdch \u010dl\u00e1nk\u016f, kter\u00e9 tuto tezi potvrzuj\u00ed. Nav\u00edc, zat\u00edmco se sna\u017e\u00edte cenu sn\u00ed\u017eit, v\u00e1\u0161 konkurent ji m\u016f\u017ee zv\u00fd\u0161it, \u010d\u00edm\u017e zv\u00fd\u0161\u00ed sv\u00e9 p\u0159\u00edjmy.<\/p>\n

Existuje skv\u011bl\u00fd p\u0159\u00edklad<\/a><\/noindex> od televize ESPN, kter\u00e1 ztratila 13 milion\u016f sv\u00fdch p\u0159edplatitel\u016f po zv\u00fd\u0161en\u00ed ceny o 54 %. A paradoxem je, \u017ee p\u0159\u00edjmy ESPN tak\u00e9 vzrostly tak\u0159ka o 54%. Mo\u017en\u00e1 byste m\u011bli zv\u00fd\u0161it cenu, abyste za\u010dali vyd\u011bl\u00e1vat v\u00edce?<\/b> Mimochodem, vy\u0161\u0161\u00ed p\u0159\u00edjem je jednou z nejlep\u0161\u00edch konkuren\u010dn\u00edch v\u00fdhod.<\/p>\n

9. Pareto z\u00e1kon se vztahuje na p\u0159\u00edjmy z reklamy<\/h2>\n

\nPodle v\u00fdsledk\u016f v\u00fdzkumy<\/a><\/noindex> analytick\u00e9 spole\u010dnosti Soomla, 20 % u\u017eivatel\u016f sleduje 40 % reklam a tvo\u0159\u00ed 80 % struktury p\u0159\u00edjm\u016f z reklamy. Tento z\u00e1v\u011br byl u\u010din\u011bn na z\u00e1klad\u011b v\u00edce ne\u017e dvou miliard zobrazen\u00ed v 25 aplikac\u00edch funguj\u00edc\u00edch ve v\u00edce ne\u017e 200 zem\u00edch.<\/p>\n

A mezi dv\u011bma miliardami u\u017eivatel\u016f Facebooku obyvatel\u00e9 USA a Kanady jsou<\/a><\/noindex> tvo\u0159\u00ed pouze 11,5 %, ale p\u0159in\u00e1\u0161ej\u00ed 48,7 % p\u0159\u00edjm\u016f. ARPU v t\u011bchto zem\u00edch \u010din\u00ed $21,20, v Asii jen $2,27. Tak\u017ee je lep\u0161\u00ed m\u00edt jednoho u\u017eivatele ze Severn\u00ed Ameriky ne\u017e dev\u011bt z Indie.<\/b>. Nebo naopak \u2014 v\u0161e z\u00e1vis\u00ed na n\u00e1kladech na jejich z\u00edsk\u00e1n\u00ed.<\/p>\n

10. V klubu milion\u00e1\u0159\u016f je jen n\u011bkolik tis\u00edc iOS aplikac\u00ed<\/h2>\n

\nV App Store je v\u00edce ne\u017e dv\u011b mili\u00f3ny dostupn\u00fdch aplikac\u00ed a pouze 2857 z nich generuje v\u00edce ne\u017e 1 milion $ ro\u010dn\u011b, podle informac\u00ed<\/a><\/noindex> App Annie. Z toho plyne, \u017ee na jable\u010dn\u00e9 platform\u011b je pravd\u011bpodobnost velk\u00e9ho \u00fasp\u011bchu p\u0159ibli\u017en\u011b 0,3 %<\/b>. A to nev\u00edme, kolik spole\u010dnost\u00ed stoj\u00ed za t\u011bmito aplikacemi, ale je z\u0159ejm\u00e9, \u017ee jich je je\u0161t\u011b m\u00e9n\u011b.<\/p>\n

Tak\u00e9 bych cht\u011bl zd\u016fraznit, \u017ee se jedn\u00e1 o ro\u010dn\u00ed p\u0159\u00edjmy, nikoli o \u010dist\u00fd zisk. To znamen\u00e1, \u017ee n\u011bkter\u00e9 z t\u011bchto aplikac\u00ed mohou b\u00fdt pro jejich majitele ztr\u00e1tov\u00e9. Za takov\u00fdch okolnost\u00ed se zaj\u00edmav\u00e9 p\u0159\u00edb\u011bhy o implementaci n\u00e1pad\u016f a s\u00edle vir\u00e1ln\u00edho stroj Apple v\u00edce podobaj\u00ed \u0161t\u011bst\u00ed ne\u017e pl\u00e1novan\u00e9mu v\u00fdsledku.<\/p>\n

11. V\u011bk zvy\u0161uje pravd\u011bpodobnost \u00fasp\u011bchu<\/h2>\n

\nV Kellogg Insight<\/a><\/noindex> vypo\u010d\u00edtali, \u017ee pravd\u011bpodobnost vytvo\u0159en\u00ed \u00fasp\u011b\u0161n\u00e9 spole\u010dnosti ve 40 letech je dvakr\u00e1t vy\u0161\u0161\u00ed ne\u017e ve 25 letech. Krom\u011b toho je pr\u016fm\u011brn\u00fd v\u011bk 2,7 milionu zakladatel\u016f v jejich datech 41,9 let. Nicm\u00e9n\u011b velk\u00fd \u00fasp\u011bch \u010dast\u011bji p\u0159ich\u00e1z\u00ed<\/a><\/noindex> k mlad\u00fdm podnikatel\u016fm.<\/p>\n

\u010c\u00edm star\u0161\u00ed se st\u00e1v\u00e1te, t\u00edm opatrn\u011bji se rozhodujete, ale t\u00edm rozhodn\u011bji se vzd\u00e1v\u00e1te riskantn\u00edch n\u00e1pad\u016f.<\/b> Jin\u00fdmi slovy, \u010d\u00edm star\u0161\u00ed jste, t\u00edm men\u0161\u00ed jsou va\u0161e podnikatelsk\u00e9 ambice, ale t\u00edm vy\u0161\u0161\u00ed je pravd\u011bpodobnost \u00fasp\u011bchu. Tento v\u00fdrok potvrzuje tak\u00e9 jin\u00e1 nez\u00e1visl\u00e1 studie<\/a><\/noindex> od Nexit Ventures.<\/p>\n

12. Nen\u00ed v\u00e1m pot\u0159eba spoluzakladatel<\/h2>\n

\nNa rozd\u00edl od b\u011b\u017en\u00e9ho n\u00e1zoru, \u017ee \u0161t\u011bst\u00ed \u010dast\u011bji doprov\u00e1z\u00ed organizace s n\u011bkolika spoluzakladateli, u drtiv\u00e9 v\u011bt\u0161iny startup\u016f, kter\u00e9 provedly exit, byl jedin\u00fd zakladatel<\/b>, podle informac\u00ed<\/a><\/noindex> Crunchbase.<\/p>\n

Nicm\u00e9n\u011b anal\u00fdza<\/a><\/noindex> Ze statistiky t\u00fdkaj\u00edc\u00ed se jednoro\u017ec\u016f v\u00edme, \u017ee pouze 20 % z nich bylo zalo\u017eeno jednou osobou. Ale m\u00e1 smysl br\u00e1t v \u00favahu tuto hodnotu, kdy\u017e ka\u017ed\u00e1 miliardov\u00e1 spole\u010dnost je unik\u00e1tn\u00ed a neopakovateln\u00fd p\u0159\u00edb\u011bh? A nav\u00edc velk\u00e1 statistick\u00e1 vzorka je v\u017edy p\u0159esn\u011bj\u0161\u00ed. M\u00fdtus je zbo\u0159en.<\/p>\n

13. V\u0161echno je ve va\u0161ich rukou\u2026<\/h2>\n

\nV\u00edce ne\u017e polovina miliardov\u00fdch spole\u010dnost\u00ed v USA byla zalo\u017eena<\/a><\/noindex> emigranty. To znamen\u00e1, \u017ee odkudkoli poch\u00e1z\u00edte, m\u00e1te \u0161anci na \u00fasp\u011bch. V\u0161echno je ve va\u0161ich rukou\u2026 by m\u011bli cht\u00edt koupit<\/b>. Investo\u0159i \u2013 pod\u00edl. Z\u00e1kazn\u00edci \u2013 produkt. Hlavn\u00ed je prod\u00e1vat<\/b>.<\/p>\n

40 % evropsk\u00fdch startup\u016f v oblasti um\u011bl\u00e9 inteligence ve skute\u010dnosti nepou\u017e\u00edvaj\u00ed<\/a><\/noindex> tuto technologii, ale p\u0159itahuj\u00ed o 15 % v\u00edce pen\u011bz. Hlavn\u00ed je v\u00fdnos<\/b>. 83 % spole\u010dnost\u00ed, kter\u00e9 se dostaly na IPO v roce 2018 je ztr\u00e1tov\u00fdch<\/a><\/noindex>, a cena ztr\u00e1tov\u00fdch spole\u010dnost\u00ed po vstupu na burzu roste v\u00edce ne\u017e u ziskov\u00fdch. Pen\u00edze jsou tam, kde jsou rizika, rizika jsou tam, kde je venture kapit\u00e1l. Prod\u00e1vat. P\u0159\u00edjmy. Kapit\u00e1l<\/b>.<\/p>\n

\nVelk\u00e9 d\u00edky v\u0161em za pozornost. A zvl\u00e1\u0161tn\u00ed pod\u011bkov\u00e1n\u00ed investi\u010dn\u00edmu \u0159editeli Da Vinci Capital Denisu Efremovovi<\/a><\/noindex> za pomoc p\u0159i editaci tohoto materi\u00e1lu. Pokud v\u00e1s zaj\u00edmaj\u00ed podobn\u00e9 \u00favahy, kter\u00e9 se nevejdou do form\u00e1tu plnohodnotn\u00e9ho \u010dl\u00e1nku, p\u0159ihlaste se k odb\u011bru m\u016fj kan\u00e1l Groks<\/a><\/noindex>.
\n<\/i>
\n
Zdroj: habr.com<\/a><\/p>","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"excerpt":{"rendered":"

\u041f\u0435\u0440\u0435\u0447\u0435\u043d\u044c \u0437\u0430\u043d\u0438\u043c\u0430\u0442\u0435\u043b\u044c\u043d\u044b\u0445 \u0441\u0442\u0430\u0442\u0438\u0441\u0442\u0438\u0447\u0435\u0441\u043a\u0438\u0445 \u0444\u0430\u043a\u0442\u043e\u0432 \u2014 \u043f\u043e \u043c\u043e\u0442\u0438\u0432\u0430\u043c \u0437\u0430\u043f\u0438\u0441\u0435\u0439 \u0438\u0437 \u043c\u043e\u0435\u0433\u043e Telegram-\u043a\u0430\u043d\u0430\u043b\u0430 Groks. \u041e\u043f\u0438\u0441\u0430\u043d\u043d\u044b\u0435 \u043d\u0438\u0436\u0435 \u0440\u0435\u0437\u0443\u043b\u044c\u0442\u0430\u0442\u044b \u0440\u0430\u0437\u043b\u0438\u0447\u043d\u044b\u0445 \u0438\u0441\u0441\u043b\u0435\u0434\u043e\u0432\u0430\u043d\u0438\u0439 \u043e\u0434\u043d\u0430\u0436\u0434\u044b \u0438\u0437\u043c\u0435\u043d\u0438\u043b\u0438 \u043c\u043e\u0451 \u043f\u0440\u0435\u0434\u0441\u0442\u0430\u0432\u043b\u0435\u043d\u0438\u0435 \u043e \u0432\u0435\u043d\u0447\u0443\u0440\u043d\u044b\u0445 \u0438\u043d\u0432\u0435\u0441\u0442\u0438\u0446\u0438\u044f\u0445 \u0438 \u0441\u0442\u0430\u0440\u0442\u0430\u043f-\u0441\u0440\u0435\u0434\u0435. \u041d\u0430\u0434\u0435\u044e\u0441\u044c, \u0438 \u0434\u043b\u044f \u0432\u0430\u0441 \u0441\u0438\u0438 \u043d\u0430\u0431\u043b\u044e\u0434\u0435\u043d\u0438\u044f \u043f\u043e\u043a\u0430\u0436\u0443\u0442\u0441\u044f \u043f\u043e\u043b\u0435\u0437\u043d\u044b\u043c\u0438. \u0414\u043b\u044f \u0432\u0430\u0441, \u043a\u0442\u043e \u043d\u0430 \u043f\u043e\u043f\u0440\u0438\u0449\u0435 \u043a\u0430\u043f\u0438\u0442\u0430\u043b\u0430 \u0441\u043c\u043e\u0442\u0440\u0438\u0442 \u0441\u043e \u0441\u0442\u043e\u0440\u043e\u043d\u044b \u043e\u0441\u043d\u043e\u0432\u0430\u0442\u0435\u043b\u0435\u0439. 1. \u0418\u043d\u0434\u0443\u0441\u0442\u0440\u0438\u044f \u0441\u0442\u0430\u0440\u0442\u0430\u043f\u043e\u0432 \u0438\u0441\u0447\u0435\u0437\u0430\u0435\u0442 \u043d\u0430 \u0444\u043e\u043d\u0435 \u0433\u043b\u043e\u0431\u0430\u043b\u0438\u0437\u0430\u0446\u0438\u0438 \u041c\u043e\u043b\u043e\u0434\u044b\u0435 \u043a\u043e\u043c\u043f\u0430\u043d\u0438\u0438 \u0432\u043e\u0437\u0440\u0430\u0441\u0442\u043e\u043c \u043c\u0435\u043d\u0435\u0435 […]<\/p>\n","protected":false,"gt_translate_keys":[{"key":"rendered","format":"html"}]},"author":1,"featured_media":27589,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[702],"tags":[],"class_list":["post-36825","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\n","aioseo_head_json":{"title":"\ud83e\udd4713 fakt\u016f o venture kapit\u00e1lu pro zakladatele | ProHoster","description":"Seznam zaj\u00edmav\u00fdch statistick\u00fdch fakt\u016f.","canonical_url":"https:\/\/prohoster.info\/cs\/blog\/news\/13-faktov-o-venchurnom-remesle-dlya-osnovatelej","robots":"max-image-preview:large","keywords":"","webmasterTools":{"miscellaneous":""},"schema":null,"og:locale":"cs_CZ","og:site_name":"ProHoster | \u041a\u0443\u043f\u0438\u0442\u044c \u043d\u0430\u0434\u0435\u0436\u043d\u044b\u0439 \u0445\u043e\u0441\u0442\u0438\u043d\u0433 \u0434\u043b\u044f \u0441\u0430\u0439\u0442\u043e\u0432 \u0441 \u0437\u0430\u0449\u0438\u0442\u043e\u0439 \u043e\u0442 DDoS, VPS VDS \u0441\u0435\u0440\u0432\u0435\u0440\u044b","og:type":"article","og:title":"\ud83e\udd4713 \u0444\u0430\u043a\u0442\u043e\u0432 \u043e \u0432\u0435\u043d\u0447\u0443\u0440\u043d\u043e\u043c \u0440\u0435\u043c\u0435\u0441\u043b\u0435 \u0434\u043b\u044f \u043e\u0441\u043d\u043e\u0432\u0430\u0442\u0435\u043b\u0435\u0439 | ProHoster","og:description":"\u041f\u0435\u0440\u0435\u0447\u0435\u043d\u044c \u0437\u0430\u043d\u0438\u043c\u0430\u0442\u0435\u043b\u044c\u043d\u044b\u0445 \u0441\u0442\u0430\u0442\u0438\u0441\u0442\u0438\u0447\u0435\u0441\u043a\u0438\u0445 \u0444\u0430\u043a\u0442\u043e\u0432.","og:url":"https:\/\/prohoster.info\/cs\/blog\/news\/13-faktov-o-venchurnom-remesle-dlya-osnovatelej","og:image":"https:\/\/prohoster.info\/wp-content\/uploads\/2021\/11\/logo-350.jpg","og:image:secure_url":"https:\/\/prohoster.info\/wp-content\/uploads\/2021\/11\/logo-350.jpg","og:image:width":350,"og:image:height":350,"article:published_time":"2019-10-31T19:14:01+00:00","article:modified_time":"2019-10-31T19:14:01+00:00","article:publisher":"https:\/\/www.facebook.com\/prohoster","article:author":"https:\/\/www.facebook.com\/prohoster"},"aioseo_meta_data":{"post_id":"36825","title":null,"description":null,"keywords":null,"keyphrases":null,"primary_term":null,"canonical_url":null,"og_title":null,"og_description":null,"og_object_type":"default","og_image_type":"default","og_image_url":null,"og_image_width":null,"og_image_height":null,"og_image_custom_url":null,"og_image_custom_fields":null,"og_video":null,"og_custom_url":null,"og_article_section":null,"og_article_tags":null,"twitter_use_og":false,"twitter_card":"default","twitter_image_type":"default","twitter_image_url":null,"twitter_image_custom_url":null,"twitter_image_custom_fields":null,"twitter_title":null,"twitter_description":null,"schema":{"blockGraphs":[],"customGraphs":[],"default":{"data":{"Article":[],"Course":[],"Dataset":[],"FAQPage":[],"Movie":[],"Person":[],"Product":[],"ProductReview":[],"Car":[],"Recipe":[],"Service":[],"SoftwareApplication":[],"WebPage":[]},"graphName":"","isEnabled":true},"graphs":[]},"schema_type":null,"schema_type_options":null,"pillar_content":false,"robots_default":true,"robots_noindex":false,"robots_noarchive":false,"robots_nosnippet":false,"robots_nofollow":false,"robots_noimageindex":false,"robots_noodp":false,"robots_notranslate":false,"robots_max_snippet":null,"robots_max_videopreview":null,"robots_max_imagepreview":"large","priority":null,"frequency":null,"local_seo":null,"seo_analyzer_scan_date":"2026-01-22 04:59:19","breadcrumb_settings":null,"limit_modified_date":false,"reviewed_by":null,"ai":null,"created":"2021-03-01 01:38:23","updated":"2026-01-22 04:59:19","focus_keyword":null,"additional_keywords":null,"truseo_locale":null},"gt_translate_keys":[{"key":"link","format":"url"}],"_links":{"self":[{"href":"https:\/\/prohoster.info\/cs\/wp-json\/wp\/v2\/posts\/36825","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/prohoster.info\/cs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/prohoster.info\/cs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/prohoster.info\/cs\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/prohoster.info\/cs\/wp-json\/wp\/v2\/comments?post=36825"}],"version-history":[{"count":0,"href":"https:\/\/prohoster.info\/cs\/wp-json\/wp\/v2\/posts\/36825\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/prohoster.info\/cs\/wp-json\/wp\/v2\/media\/27589"}],"wp:attachment":[{"href":"https:\/\/prohoster.info\/cs\/wp-json\/wp\/v2\/media?parent=36825"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/prohoster.info\/cs\/wp-json\/wp\/v2\/categories?post=36825"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/prohoster.info\/cs\/wp-json\/wp\/v2\/tags?post=36825"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}