saul klein at the next web conference

Why Europe needs to seed the growth of its new stars?

Saul KleinIndex Ventures

Should we really envy two small areas?

Ruled over by 2 geeks and a whiteboard….

$295bn

Or 2 geeks with an old skool monitor….

$38bn

Or 1 geek and a spray-painted sign…

$28bn

Or 1 geek, an MBA and a consultant…

$36bn

Or 2 geeks, too much paper, a strange clock

$156bn

$553bn of wealth creation, ignoring…

And forgetting….

+ +

The ecosystem is primed for success…

Constantly commercializing what’s next….

So what about Europe?

We’ve always had creative prodigies….

We still create global entertainment…

Brands that define global luxury….

Brands that disrupt markets globally….

We’ve given birth to powerful technologies…

We have amazing young R&D talent…

We have 7/10 top locations for young coders

Experienced and willing venture capital...

Entrepreneurs mentoring and seed investing...

• Oliver Jung• Saul & Robin Klein• Samwers• Klaus Hommels• Niklas Zennstrom & Janus Friis• Martin Varsavsky• Stefan Glaenzer• Michael Kleindel• Brent Hoberman• Hugo Burge and David Soskin

We’ve started to have some great exits…

$4.1bn $1.1bn

$366m$900m $575m

$265m $280m

$4.2bn

$1.7bn

We have a pipeline of web leaders….

Online advertising is very advanced…

EU has 11 of Top 15 broadband markets

Mobile phones are everywhere….

is now in 50 cities….

So go out there, think big, take some risks…

It’s ok to fail…learn from your mistakes

Pick yourself up and try again…

Let’s build Europe’s first $10bn web business….

saul@klein.name

http://localglo.be

http://www.opencoffeeclub.org

$3.9bn

$3.1bn