Michael Acton Smith: Dream big and create startups to rival Silicon Valley

Michael Acton Smith’s top tips for startups

We caught up with Mind Candy’s Michael Acton Smith at the Dublin Web Summit, ahead of his keynote speech on 10 top tips for startups.

Mind Candy IPO on hold?

michael_acton_smith_250It’s been an incredible year for the makers of Moshi Monsters, back in October they reported revenues were up 60% and there are still rumours of an upcoming IPO, potentially on the London Stock Exchange.

In our on-camera interview Michael [pictured right] revealed he plans to develop more brands and products at Mind Candy before considering going public.

He praised London’s emergence as a global tech cluster and also celebrated the success of fellow gaming startups from across Europe including Rovio and King.com.

Learn from other entrepreneurs

Offering advice to other startup founders, Michael told Tech City News he valued the advice of other entrepreneurs from different industries and applied their experiences to his own ventures.

He also stressed that founders must make mistakes fast and learn from them. “A mistake is just a step closer to cracking it” he remarked.

Full length interview coming soon

Look out for the full length interview, where Michael reveals what drove him to launch his first startups and his future ambitions, as part of our new series of interviews with leading figures from across the business world.

Mind Candy’s first Moshi Monsters feature film is also due out in cinemas on December 20th.