Labels.io – Romanian startup present for Seedcamp Ljubljana
Since Monday is the best day for “follow-ing-up on what I have not done last week“, we have uncovered a promising Romanian startup: Labels.io. What Labels.io does is making it easier for employers to find professionals with key skills and for professionals to find suitable jobs. Therefore, employers & professionals out there look out
If you’re a professional looking for a job, all you have to do is post a profile on Labels.io and the platform will do the “job hunting” for you, allowing you to focus on more important things like networking, interviews and saving money. It increases your response time, your abilities to focus more on offline than online and dedicate the necessary resources to maintaing a vivid digital profile.What makes Labels.io different from other human resources websites is the fact that it is based on the concept that a professional is defined by three criteria: portfolio of previous employers, skills and personality. Labels.io wishes to differentiate the search possibilities and avoid countless key accomplishments, dull corporate speak or five page resumes filled with mindless bullet points.
We’re extremely happy not only with the app, but with the guy’s efficiency: Labels.io was the only Romanian startup present for Seedcamp Ljubljana. And, since we are noise editors, we wanted to hear more from them and what the experience taught them. So, we hooked up with Octavian Popescu and here is what we have come up with
Birth of a startup
When asked to let us know what he thinks of the process through which a startup is formed in Romania, Octavian considers that there is no particular process in the beginning, or anyway, not too different from what happens elsewhere. He considers that the differences start to become noticeable when “your <project> begins to turn into a real startup”, for example when your business is receiving a bit of traction. For Ocavian, that is the moment when you “start thinking and deciding long-term and realize that maybe you need a bit more patience and persistence than your average Silicon Valley counterpart.” On the other hand, what he marks with a plus is that in Romania you may require less financing in the first stages; and things have their own way of evening out eventually.
Tips on attacking an investment
When looking for an investment, Octavian mentions that his realistic expectations (i.e. entrepreneur mentality, not investment banker mentality) are to have access to a network of contacts he can actually leverage while pursuing opportunities for his startup. Of course, he also adds money that come with a reasonable enough term sheet on the side.
What a fresh-minded and mature thinking entrepreneur considers to be important are:
1. Don’t focus on raising money, focus on getting (paying) customers. Fame, glory and VC money will come once you manage to solve that issue.
2. Raising seed money is always tough but it’s even tougher if you’re trying to do it while based in the Eastern Europe. Read, learn, prepare yourself and get out there: apply for Seedcamp and similar accelerators (but first read their fine prints), go to the TNW or How To Web conferences and always be prepared to pitch your startup and your ideas to anyone who’s listening.
3. Once you have decided you need to raise money, make sure you know what you are getting yourself into: read, talk to other founders and generally speaking, try to get as much leverage as possible before going for an investment.
Labels.io is going right now through some pretty exciting changes, which will conclude in a short while with moving out of the Beta and launching a new set of features. We’re surely looking forward to seeing all your inputs and the best of luck with your digital professional profile.

