zk system 4 mobi google 1712
TRANSCRIPT
@paulsingh #
THE BUSINESS OF (TECH) STARTUPS
THE (GROWING) INTERSECTION OF VENTURE CAPITAL, HIGH-GROWTH TECH COMPANIES AND ECONOMIC DEVELOPMENT
@paulsingh #
@paulsingh
500 STARTUPS
@paulsingh #
A (R)EVOLUTION IN THINKING
@paulsingh #@paulsingh #MEDAannual
EARLY STAGE STARTUPS
HAVE CHANGED
@paulsingh #@paulsingh #MEDAannual
STARTUP COSTS LOWER THAN EVER
BUT SCALING STILL COSTS MONEY
CLOUD, OPEN SOURCE AND ONLINE DISTRIBUTION DRIVING
@paulsingh #@paulsingh #MEDAannual
WEB GETS BIGGER. WORLD GETS SMALLER.
@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.
@paulsingh #@paulsingh #MEDAannual
CAPITAL INCREASINGLY COMMODITIZED
RISE OF THE ANGELS, YO!
@paulsingh #@paulsingh #MEDAannual
NEW REALITY: MONEY FOLLOWS
FOUNDERSRISE OF THE ENTREPRENEURS, YO!
@paulsingh #
ECONOMIC DEVELOPMENT HAS CHANGED
@paulsingh #
THE AGE OF THE INDUSTRIAL CITY
IS OVER
@paulsingh #
NOW POSSIBLE TO BUILD BILLION DOLLAR
COMPANIES IN T-SHIRTS FROM A COUCH
@paulsingh #
FROM ANYWHERE*
@paulsingh #
BUT…
@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
@paulsingh #
NEAR PERFECT CORRELATION BETWEEN
URBANIZATION AND PROSPERITY
@paulsingh #
NEAR PERFECT CORRELATION BETWEEN PRESENCE OF SMALL
FIRMS AND THE LATER GROWTH OF A REGION*
@paulsingh #
BUT…
@paulsingh #
TECH COMPANIES WILL NEVER CREATE THE MAJORITY OF JOBS
@paulsingh #
TECH COMPANIES HAVE A DISPROPORTIONATELY
POSITIVE EFFECT ON THE ECONOMY
@paulsingh #
WHAT HAPPENS IN THE TECH SECTOR DETERMINES THE SALARY OF MOST PEOPLE, WHETHER THEY WORK IN
TECH OR NOT
@paulsingh #
ALTHOUGH JOBS IN LOCAL SERVICES CONSTITUTE THE VAST MAJORITY OF JOBS, THEY ARE THE ECONOMIC GROWTH.
“-- ENRICO MORETTI
@paulsingh #
PROXIMITY IS VALUABLE
@paulsingh #
MODERN ECONOMIC DEV !
PEOPLE > STRUCTURES
@paulsingh #@paulsingh #MEDAannual
HUGE OPPORTUNITY AT THE POST-SEED,
PRE-A LEVEL
@paulsingh #@paulsingh #MEDAannual
INVESTORS: INVEST OUTSIDE YOUR
REGION, BRING THE BEST FOUNDERS TO YOUR CITY
@paulsingh #
@paulsingh #
TECHNOLOGY IS THE FUNDAMENTAL DRIVER OF
GROWTH IN THE INDUSTRIALIZED WORLD
@paulsingh #
LEARN MORE: disruption.vc
THE BUSINESS OF (TECH) STARTUPS
THE (GROWING) INTERSECTION OF VENTURE CAPITAL, HIGH-GROWTH TECH COMPANIES AND ECONOMIC DEVELOPMENT