Ecosystem 101
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The document discusses the evolution of startup ecosystems and the importance of various cultural and market factors for their success. It offers insights into the entrepreneurial landscape across multiple countries, highlighting notable startups and their funding statuses. Additionally, the author provides advice for entrepreneurs, emphasizing community support and continuous engagement in the startup environment.
Ecosystem 101
- 1. ECOSYSTEMS 101 Will your startup survive? © Bowei Gai India Edition | January 2013
- 3. Howdy!" • 13 years abroad across 8 countries • 9 years self-‐employed • Work with early-‐stage startups • Lots of 7me to travel, read and think
- 4. 13 Years Abroad" • Japan • Korea • China • Singapore • Malaysia • USA • Germany • France I spent most of my working life (11 years) overseas, especially in Japan, China, South Korea and USA. My cultural DNA has become rather complex.
- 5. Since 2003" • Founder of +8* | Plus Eight Star
- 6. Since 2003" • Founder of +8* | Plus Eight Star • 150+ talks in conferences • Quoted in many media
- 8. “Digital Naturalist”" Evolu7on in Ecosystems STARTUPS are DIGITAL SPECIES
- 9. Mentor @ Startup Accelerators" • 500 Startups (US) • Founder Ins7tute (Global) • Chinaccelerator (China) • JFDI (Singapore) • Ye7Zen (US) • Gamma Rebels (Europe)
- 10. Angel Investor in Global Startups! • Asia – Gengo (JP) – TokyoOtakuMode (JP) – Cmune (CN) – TwitMusic (PH) – PayrollHero (PH) • RoW – StoryPanda (CA) – YoGoMe (MX) – TenderTree (US) – CuriousHat (US) – Smart Bites (US) Smart Bites
- 11. Angel Investor in Global Startups! • Asia Funded Funded – Gengo (JP) – TokyoOtakuMode (JP) – Cmune (CN) Funded – TwitMusic (PH) – PayrollHero (PH) Funded • RoW – StoryPanda (CA) – YoGoMe (MX) F unded – TenderTree (US) – CuriousHat (US) – Smart Bites (US) Funded Smart Bites
- 12. “A billion dollar so2ware tech company is founded every 3 months in USA” – Ron Conway
- 13. >$1B Company" 1998 SolarWinds, Netsuite, VMware, OpenTable, Google, RackSpace, Paypal 1999 Zappos, SurveyMonkey, Opsware, SalesForce, ShuQerfly 2000 Netezza, ArcSight, ExactTarget, BillMeLater, Pandora, TripAdvisor 2001 SuccessFactors, GuideWire, DealerTrack 2002 LinkedIn 2003 Glam Media 2004 Palan7r, Splunk, Kayak, Facebook, Evernote, Yelp 2005 Palo Alto Networks, Box, Etsy, HomeAway, YouTube, Workday 2006 Millenial Media, TwiPer, Demand Media 2007 Nicira, Gilt, Tumblr, Hulu, Dropbox, LivinSocial, Zynga 2008 GitHub, Airbnb, Yammer, Groupon, Pinterest 2009 Square, Storm8, (Quora?), (GetAround?) 2010 Fab, Instagram, (Stripe?) 2011? 2012? 2013? hQp://blog.minming.net/post/35553963889/a-‐billion-‐dollar-‐sokware-‐tech-‐company-‐is-‐founded-‐every
- 14. Around the world" • China Tencent, Baidu, Alibaba.com, Shanda, Giant Interac7ve, Vancl, 360Buy, Sina, Sohu, Youku Tudou, Netease NetDragon, KingSok, Ctrip… 2013 PotenWal : Alibaba Group, 360Buy, Sogou, Qunar, Vancl, UCWeb, Cloudary, Dianping, Xunlei • Japan Rakuten, Sokbank, DeNA, GREE, CyberAgent, Kakaku.com • Korea NHN, Nexon • W.Europe Skype, Spo7fy, Rovio (Angry Birds), VentePrivee • Russia Yandex, Mail.ru • Brazil MercadoLivre, Peixe Urbano Source: @benjaminjoffe
- 15. India?" • MakeMyTrip – IPO in Aug 2010 (first Indian in 4 years) – 550M Market Cap (Jan 2013) – ~50% share of $1B online bookings – Higher mul7ple than Expedia • Flipkart valued at ~$800m – Series D at $150m (Aug 2012) – By MIH/NASPERS + Family offices • 800 startups funded in 2012? India: Punching below its weight?
- 16. Ecosystem OS"
- 17. More Details on Ecosystem 101" hQp://techcrunch.com/2012/09/01/ecosystem-‐101-‐the-‐six-‐necessary-‐categories-‐to-‐build-‐the-‐next-‐silicon-‐valley/
- 18. Ecosystem OS" 1. Market
- 19. Ecosystem OS" 1. Market 2. Capital
- 20. Ecosystem OS" 1. Market 2. Capital 3. People
- 21. Ecosystem OS" 1. Market 2. Capital 3. People 4. Entr. Culture
- 22. Ecosystem OS" 1. Market 2. Capital 3. People 4. Entr. Culture 5. Infrastructure
- 23. Ecosystem OS" 1. Market 2. Capital 3. People 4. Entr. Culture 5. Infrastructure 6. RegulaWons
- 24. USA" Source: @benjaminjoffe
- 25. China" MARKET 4 3 REGULATIONS 2 CAPITAL 1 0 INFRA PEOPLE CULTURE Source: @benjaminjoffe
- 26. India?" MARKET 4 3 REGULATIONS 2 CAPITAL 1 0 INFRA PEOPLE CULTURE
- 27. Cultural OS"
- 28. Your Culture = Your OS"
- 29. Your Culture = Your OS" "Culture is for the convenience of culture, not you.” -‐ Terence McKenna
- 30. Your Culture = Your OS" • Default Install – Country – Family – School – Work – Early friends
- 31. Your Culture = Your OS" • Default Install • Updates – Country – Readings – Family – People – School – Travels – Work – Experiences – Early friends
- 32. Cultural OS"
- 34. Cultural OS" 1. Money 2. Family
- 35. Cultural OS" 1. Money 2. Family 3. Society
- 36. Cultural OS" 1. Money 2. Family 3. Society 4. “Culture” (lit. music, arts…)
- 37. Cultural OS" 1. Money 2. Family 3. Society 4. “Culture” (lit. music, arts…) 5. Spirituality / Religion
- 38. Cultural OS" 1. Money 2. Family 3. Society 4. “Culture” (lit. music, arts…) 5. Spirituality / Religion 6. Appearance
- 40. France’s Cultural OS" MONEY 3 2 APPEARANCE FAMILY 1 0 SPIRITUALITY SOCIAL LINK CULTURE
- 42. USA’s Cultural OS" MONEY 3 2 APPEARANCE FAMILY 1 0 SPIRITUALITY SOCIAL LINK CULTURE
- 44. Your OS?" MONEY 3 2 APPEARANCE FAMILY 1 0 SPIRITUALITY SOCIAL LINK CULTURE
- 45. Parting Advice for Entrepreneurs" 1. Do side projects 2. Help each other 3. Always be pitching 4. Promote entrepreneurs 5. Keep it real
- 46. Thank You! © Bowei Gai benjamin@plus8star.com | @benjaminjoffe http://www.slideshare.com/plus8star