Transcript
Page 1: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

THE BUSINESS OF (TECH) STARTUPS

THE (GROWING) INTERSECTION OF VENTURE CAPITAL, HIGH-GROWTH TECH COMPANIES AND ECONOMIC DEVELOPMENT

Page 2: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

@paulsingh

500 STARTUPS

Page 3: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

A (R)EVOLUTION IN THINKING

Page 4: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #@paulsingh #MEDAannual

EARLY STAGE STARTUPS

HAVE CHANGED

Page 5: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #@paulsingh #MEDAannual

STARTUP COSTS LOWER THAN EVER

BUT SCALING STILL COSTS MONEY

CLOUD, OPEN SOURCE AND ONLINE DISTRIBUTION DRIVING

Page 6: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #@paulsingh #MEDAannual

WEB GETS BIGGER. WORLD GETS SMALLER.

Page 7: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #@paulsingh #MEDAannual

TRACTION IS THE NEW INTELLECTUAL PROPERTYPLATFORMS (SEARCH, SOCIAL & MOBILE) PRIMARILY DRIVING THE CHANGE.

NO LONGER “GOOD ENOUGH” TO DEPEND ON TECH DIFFERENTIATION.

Page 8: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #@paulsingh #MEDAannual

CAPITAL INCREASINGLY COMMODITIZED

RISE OF THE ANGELS, YO!

Page 9: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #@paulsingh #MEDAannual

NEW REALITY: MONEY FOLLOWS

FOUNDERSRISE OF THE ENTREPRENEURS, YO!

Page 10: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

ECONOMIC DEVELOPMENT HAS CHANGED

Page 11: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

THE AGE OF THE INDUSTRIAL CITY

IS OVER

Page 12: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

NOW POSSIBLE TO BUILD BILLION DOLLAR

COMPANIES IN T-SHIRTS FROM A COUCH

Page 13: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

FROM ANYWHERE*

Page 14: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

BUT…

Page 15: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

MORE THAN TRADITIONAL INDUSTRIES, KNOWLEDGE ECONOMY HAS AN INHERENT TENDENCY TOWARDS GEOGRAPHIC AGGLOMERATIONADVANTAGES MATTER, AND THE FUTURE DEPENDS HEAVILY ON THE PAST. !THE SUCCESS OF A CITY FOSTERS MORE SUCCESS, AS COMMUNITIES THAT CAN ATTRACT SKILLED WORKERS AND GOOD JOBS TEND TO ATTRACT EVEN MORE.

-- ENRICO MORETTI

Page 16: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

NEAR PERFECT CORRELATION BETWEEN

URBANIZATION AND PROSPERITY

Page 17: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

NEAR PERFECT CORRELATION BETWEEN PRESENCE OF SMALL

FIRMS AND THE LATER GROWTH OF A REGION*

Page 18: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

BUT…

Page 19: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

TECH COMPANIES WILL NEVER CREATE THE MAJORITY OF JOBS

Page 20: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

TECH COMPANIES HAVE A DISPROPORTIONATELY

POSITIVE EFFECT ON THE ECONOMY

Page 21: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

WHAT HAPPENS IN THE TECH SECTOR DETERMINES THE SALARY OF MOST PEOPLE, WHETHER THEY WORK IN

TECH OR NOT

Page 22: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

ALTHOUGH JOBS IN LOCAL SERVICES CONSTITUTE THE VAST MAJORITY OF JOBS, THEY ARE THE ECONOMIC GROWTH.

“-- ENRICO MORETTI

Page 23: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

PROXIMITY IS VALUABLE

Page 24: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

MODERN ECONOMIC DEV !

PEOPLE > STRUCTURES

Page 25: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #@paulsingh #MEDAannual

HUGE OPPORTUNITY AT THE POST-SEED,

PRE-A LEVEL

Page 26: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #@paulsingh #MEDAannual

INVESTORS: INVEST OUTSIDE YOUR

REGION, BRING THE BEST FOUNDERS TO YOUR CITY

Page 27: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

Page 28: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

TECHNOLOGY IS THE FUNDAMENTAL DRIVER OF

GROWTH IN THE INDUSTRIALIZED WORLD

Page 29: The Business of (Tech) Startups - MEDA Annual Conference - Apr 2014

@paulsingh #

LEARN MORE: disruption.vc

THE BUSINESS OF (TECH) STARTUPS

THE (GROWING) INTERSECTION OF VENTURE CAPITAL, HIGH-GROWTH TECH COMPANIES AND ECONOMIC DEVELOPMENT


Top Related