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Our work in Vietnam Spring 2019

Meeting with the ITP leadership team of the University of Ho Chi Minh City. An impressive presentation where Vietnam is planning to go what innovative businesses concerns.  We also had some great meetings with students, who are very ambitious and eager to learn everything possible about innovative thinking and entrepreneurship.

Entrepreneurs Workshop with roughly 20 top startups and scaleups from Ho Chi Minh City. It was great fun to work with these super engaged and highly competitive teams. One of the things that all of them have in common with any top startup in the world: determination to win.

Investors meetings at the Kova facility. We discussed investor strategies, ways to select startups, due diligence processes and post investment mentoring. We also talked about the necessity to keep top companies in the country to not loose the innovative edge to somebody else.

A wonderful and very personal dinner at the Kova house. We enjoyed traditional Vietnamese food cooked by the lady of the house herself. This was an unforgettable evening.

Great discussions about innovative thinking, investment opportunities, ways to stimulate more innovation and getting startups better supported to be able to compete on a global scale. It was an amazing evening with amazing people.

HANOI

The future of innovation in Vietnam, Conference. Great and an amazing diverse speakers, high energy and very ambitious. We talked about the innovation paradigm and the value of going global for the national prosperity and wealth development.

We were invited by the University of Hanoi to speak about the Innovation Paradigm, the value creation for the national economy and what Vietnam can do to create an innovation economy within the country.

Interesting discussions about how to stimulate innovation and making innovation an even stronger point within an economy. Also we spoke about the value of speaking English as a prerequisite to participate in the global economy.

Meanwhile, Marita ran a workshop for female entrepreneurs. The interest to participate was so overwhelming that the initial 12 people roundtable had to be turned into a 70 attendee  presentation and podiums discussion.

Full house at the female entrepreneurs meeting in Hanoi

A very interesting meeting at one of the largest mobile phone providers. The organization is determined to innovate and bring all new ideas to their customers. It is absolutely amazing to see how Vietnam turned from a rather poor country, dependent on donations, just three decades ago, into a vibrant emerging country.


An equally great meeting at one of the top business banks of Vietnam. Also here, business transformation, innovation and moving from an industry follower to an industry leader is an amazing transition. We talked about how innovative thinking is not just improving the status quo but how to get to an idealistic model and back to reality.

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Working in South Korea

One week with great teams, jar dropping innovation spaces and top notch universities.

Our work in South Korea, with our ambassador and team was very exciting. South Korea is certainly no longer an “emerging country”. It bypassed many of the developed countries.

Startup ecosystem of the superlative. South Korea’s brand new Innovation hub is certainly the most mondain, most modern and best equipped incubation campus in the world. Startups, scaleUps and SME’s on hypergrowth don’t miss anything here. Whether its a photo and video studio, conference rooms of any size, offices of any shape, restaurants and countless other amenities. This is very hard to top.

Introduction to the Seoul Innovation Ecosystem, it’s focus to take business global and its quest to build more Samsung, LG or Hyundai type companies.

Entrepreneurs Workshop at the University of Seoul. A variety of students, even from foreign countries participated to learn all about innovative thinking, the innovation paradigm and how most innovative companies became the core of a country’s economy.

Investor Workshop for South Korean Angel Investors, Venture Capitalists and institutional investors.

A great view onto Seoul by night from one of the largest towers in the South Korean metropoly

Private World Innovations Forum Dinner with industry leaders from both Asia and Europe. We were discussing how Innovation is not just a way to build new technologies but innovation being the economic foundation of any leading nation.

And a final Entrepreneurs Event with pitching contest in the Seoul Startup Hub. This incubator just complete the expansion and is now good for almost 1,000 startups. Five selected startups pitched in front of an audience from the SSH and showed their ability to innovate.

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Our Engagement in Neplal

A week with very promising teams, brilliant people from the local universities and amazing supporter – less amazing government actions.

Our work In Nepal was a great finish for our five week Asia Tour on one side and a disappointment at the very last day, at the investor summit.

After an impressive pitch event, the winner teams and organizers, judges and investors all together. The creativity of entrepreneurs is universal. And so is their spirit to find solutions for their local markets first.

Private World Innovations Forum Dinner with representatives from the private and public sector, entrepreneurs, investors and enablers. It’s also a thank you to the amazing work the team has performed in Nepal.

With the introduction of Private Direct Investments, private investors should now able to invest in private businesses, explained Minister for foreign affairs, Pradeep Kumar Gyawali. This would make a huge difference to Nepal’s startup ecosystem.

Nepal’s government representatives explain the new investment strategy, in which industries investments are welcome and up to 7 years tax exemptions to attract as many investors as possible. It was made very clear that with the new investment policies and regulations, the government is introducing major changes, trying to turn to economy around. For the past decades, Nepal was depending on donations. Now that shall change and Nepal will want to stand on their own feed.

However, weeks later the website to register and get approved as an investor did not work. Trying to get support was hopeless. It was difficult enough to figure out which site a prospective investor is supposed to register. Attendees of the event never heard back from the event organizer. Neither how to register nore any next steps. Even our local connections could not figure out whether the new rules are even in effect. So far no progress at all.

 

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Whats all about this “vision” thing

Do you really need a vision for your business? You don’t NEED anything, it’s YOUR business! But here is what a VISION can do for you.

  1. You don’t “create” a vision for yourself
         Hopefully, you already envision where you want to take your business. And if you don’t have one, ask yourself why you are doing it? Why would you risk your employees careers? Why would you risk your investor’s money? Why would you risk to waste the time of your customers? Why would you jeopardise all the people’s time and money you will deal with?
    But given you have your vision, here is what it can do for you:
  2. Have a vision to attract co-founders
    If you have a very interesting case or cause you may attract people joining you on your journey that you would never ever be able to hire otherwise. You will need top notch people to create an amazing business – any business. You only can get those if you have a powerful and very meaningful vision.
  3. Have a vision for your customers
    Customers get asked to buy a gazillion products every day. Why should they buy yours? There is always a cheaper product around the corner. If not today tomorrow somebody gets up and makes it even less expensive than anybody else in the world. But your amazing idea and long term view of the impact of what you and your exceptional team is doing, will help your customers also tomorrow, next year and the years to come. Customers buy either the cheapest or the most compelling product or service. And if it is your vision to make sure you will be always the cheapest – well than that is your vision.
  4. Have a vision to attract top talents
    As a startup you usually have a very tough time to attract these amazingly smart top talents who seem to walk on water, get things done while others still wonder what the best way would be or try to consult others how to even start. You want talents that are almost impossible to employ by anybody. You look for people, where everybody is afraid of to even train them because they would be hired away in no time. But if you have an impressive vision and show a way to get there, you find the very people you even need to get there. And you find people who know it’s them to shape the organization, it’s them who makes it happen. You may ask: Why don’t they do it on their own? Because what you bring to the party is an amazing VISION that makes them tick. Of course, they will ask to get a piece of the cake – and that is totally ok.
  5. Have a vision for your market
    People in your industry or market should know about you and your amazing business. You will never have enough money to advertise. But your amazing vision will be carried around by media and other people. Let them know how you change the world for the better by doing what you do.
  6. Have a vision to attract investors
    If you have no vision where this business can grow to, why should anybody invest? Why should people risk their hard earned money, no matter how much they have, to put it i your business and not in some of the other 1 million startups around the world? Your vision gives the indication of the opportunity down the road.
  7. Have a vision to attract anybody who matters to you
    There are millions of businesses out there. All competing for a tiny slice of the market. Most struggle to keep their business alive – because why them and not somebody else. Do not use the buzz words of the day – don’t even TRY to be attractive. You ARE attractive when you explain what matters most yo you and why you believe what you are doing is important to many others – more important than what is out there today.

You can only lead a market if you can actually ‘envision’ where you want to lead it to. And a very personal super positive ‘side effect’:  You even have a MUCH more fulfilling life if you know what it is that you really really really care about and make it happen — no matter what, and no matter how impossible it may appear. In the end it makes the difference between LIVING or just EXISTING.

@AxelS

 

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Starting a business with no capital

It’s one of the very often asked questions at startup events. One of the unique skills of an entrepreneur is to create something with nothing. If you would have capital you would probably become an investor, not an entrepreneur.

One day a young entrepreneur asked me: “But I have to live and eat and I have no savings”. I asked him if he has a car. After answering, yes, an old BMW. I asked him to sell it. He looked at me like I’m from a different planet…. I told him that I sold my drums – which is much harder. He just walked away shaking his head. Recently somebody was much more appreciative. So here is my response:

  1. Create a sound plan about your product or service
  2. Look for customers who would want to buy it if you already had it
  3. Verify your idea based on their feedback
  4. Create a website with your plans and describe what you are going to offer
  5. Invite people to review and make sure any ordinary customer would
    a) understand, b) get excited and c) wants to buy it when you have it
  6. Start a crowdfunding campaign to ‘pre-sell’ your solution
  7. You got your first revenue so you can now build what you promised to provide.
  8. Do more of what worked well

Obviously there are quite some things to do during the process. I.e. to start with, find a co-founder, register the business and so forth. But I guess you get the idea.

It sounds not easy – but becoming a millionaire is simply speaking not easy. That’s why we have a growing gap between rich and poor. The number of people going for easy and enjoying a 360 degree social and live ensurance just have a hard time to get the extra mile hundred times a day.

 

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What startup investors are looking for

One of the most often asked question from young entrepreneurs who don’t really live in one of the startup epicenters: “We don’t have enough investors in our region. How can I get funded?”

LIVING OFF THE GRID
Well, if you want what’s not available in your village, you need to do one of two things: get to the next bigger city or order online. In case of an investor you need to look for investors online and most likely then go meet them. If you are living in a rural area, you may indeed not get any investment. This is not because investors don’t want to travel to your location, but you are so isolated that your success is much less like than from your current or future competitors. Go where the action is :)

INVESTMENT
If not really in a rural area, it actually doesn’t matter where you are when it comes to finding investors. Investments are like water and always find the best way to an opportunity. This is why diamond mines in Africa, tech companies in Vietnam, car accessory vendors in Oshu, wholesale distributors in Munich and so forth got funded.

WHAT IS AN OPPORTUNITY
Sorry to say that, the problem isn’t the lack of venture capital, but the lack of fundable opportunities. Here is what investors are looking for:

  • Attractive business idea that makes sense
  • Businesses that are serving large markets
  • Stellar founders team that already invested everything they have in the startup
  • Rock solid market validation – more than 50 people already expressed interest
  • Minimum viable product that shows your idea is somewhat working
  • Well thought out business model (ideally a disruptive business model)
  • Great feedback from alpha testers of your MVP
  • Very good plan how to go to market

Here are a few tips
1) A day of a startup ceo – World Innovations Forum

2) Most common mistakes – World Innovations Forum

3) http://wiforum.org/2015/12/many-startups-fail

4) What is actually a great founders team – World Innovations Forum

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Ultra Focused Data Driven Innovation Effort

We believe having a massively big objective requires a laser sharp focus. At least that has been true for any business and we think it is also true for an organization that is not profit oriented – yet very goal oriented. With that we propose the following to our leadership teams:

One goal:
Prosperity for all nations, through innovation and entrepreneurship, resulting in closing the gap between rich and poor, eradicating any level of poverty.
One method:
Stimulate, support and accelerate already existing entrepreneurial minds and innovative initiatives within each country
One approach:
We do not bring success models from developed countries to help less developed countries but help understand global standards and inspire people to meet or exceed them with their own ways and ideas based on their own culture and innovative thinking.
One path:
We see leading nations losing their leadership over time, like Egypt, Inka, Greece, China, Rome, British Empire, USA. None of those countries vanish away but their achievements, ingenuity, creativity and prosperity was/is fading away and with it all the previously developed entrepreneurial spirit. We need to stop those collapses and even help developed nations no longer loose their momentum, and all nations prosper together.
One KPI
Export volume per capita of innovative products, services or business models

 

Why the extreme focus?

The top developed countries are leading the world since the inception of the industrial revolution and continuously grow in prosperity and influence. Emerging countries grow rapidly through natural resource extraction or outsourced production power and services, The slow or not developing countries, either determined to keep things as they are or struggling in finding their way.

Based on the “Export Per Capita” list we see a deep correlation between sustainable wealth and developing and exporting innovative products. We also began to look at grouping countries differently than today.

  1. The most prosper countries are the ones that exporting innovative solutions across the globe. The massive export power is a key contributor to their wealth. The US and Europe are good examples for those countries.
  2. Countries with more natural resources than they need for themselves and export those resources also gain significant prosperity for their nation. However they show an extreme dependency on the global needs of their natural resources. At the same time the innovative countries innovate to reduce that dependency and look for alternative materials. Middle East and Africa are good examples for those countries.
  3. Countries with high production power, or large services sources at cheap labor are exporting their services and gain an increase in prosperity through outsourced production and services. Also they are extremely dependent on the global needs of their production output. And also here the innovative countries try to further and further automate production and reducing outsourcing as their development effort to ever less expensive products and services. And therefor putting those outsourcing and production nations unwillingly at huge risks.
  4. Countries with no natural resources, no outsourcing or production power and no innovative solutions may need to either develop a different strategy to be self sufficient and not follow the race of innovation, growth and prosperity – or – decide to connect with the innovative countries, get help for education and trying to still catch up with the development.

The gap between innovation countries and the other countries is constantly widening as we progress. The gap between emerging countries and least developing countries is widening even more dramatically. While some emerging countries are well under way to catch up and even sooner or later surpass todays developed countries, other emerging countries are just too weak, mainly due to lack of education, leadership and political structure to catch up.

To close that gap between all nations, we are trying to help stimulate entrepreneurship and innovation – regardless of their political or economic environment. And to keep the gap closed once we are there, we try to help developed nations to understand the risk of falling behind by slowing down in their innovative efforts.

To better understand the dynamic of becoming innovative, being innovative and potentially loosing the innovative edge, we explore a different classification of countries.

We are currently exploring the following classification in 5 groups:
1) Innovative nations (Exporting innovative products/services/business models) A, AA and AAA grade (see below)
2) Previous innovative nations (Exporting* previously innovative solutions, older than 25 years)
3) Non innovative industrial nations (countries with industrialized production power)
4) Non innovative natural resource nations (countries exporting their natural resources)
5) Non innovative non exporting nations (no significant exports of anything)
Grades of innovative nations
AAA Most innovative nations, highest export per capita volume, export into more than 25 other countries
AA Innovative nations, reasonable innovative product export volume per capita into more than 10 other countries
A Early innovative nations, some innovative export volume of more than € 100 / capita into more than 5 other countries
For relevancy reasons we define “Export” as continuous delivery of products, services or business models into at least 5 other countries and a combined export volume of more than € 100 per capita of such innovative solutions.

A country can be both, a former innovative nation and an innovative nation.
Germany for instance is primarily a previous innovative nation and a single A innovative nation. PIN, A-IN
The US for instance is an AAA innovative nation and a previous innovative nation AAA IN and a PIN
Italy maybe just a previous innovative nation “PIN”
China maybe a “Non innovative Industrial Nation” NIN
Emirates maybe a “Non innovative Natural Resource Nation” NRN
Nepal maybe a “Non innovative non exporting nation” NNN

Thanks for any feedback

 

 

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Ambassador Role Model Nepal

There is a lot we can learn from Nepal. The very beautiful and sometimes considered mystic country could not have more orthogonal dimensions. Nepal is at the very low end of the GDP list, is unfortunately high up on the list of “perceived corruption”, is a nation with the one of the most kindest people on earth, has exceptional talents, a still under developed infrastructure, is still dependant on donations from foreign countries, yet some extraordinarily ambitious people to turn the nation from a “receiver” nation into a fast emerging nation on the way to become a “giver” nation. When such a country, with a new generation of sheer infinite determination can organise to breed talents working on globally latest technology such as Artificial Intelligence, with goal to turn the nation to prosperity – we must ask shouldn’t that be possible in other countries too. We also must wonder if the combination of a new agile government, highly engaged academia, highly motivated entrepreneurs, all working together – is a superior model of the future? Or will the model of a public being permanently on confrontation course with their government, ego driven groups with nothing but steering up the nation with horror scenarios for their own good and media loving to confuse information consumer for the sake of popularity be the winner of the future?

Khem Lakai – Nepal

While we, the World Innovations Forum, has pretty much all ducks in the row here in Switzerland, a very active community in San Francisco, where it all started, and a very good start recently in Bosnia, great energy in South Korea, Vietnam, Germany, Macedonia, Nigeria, and other countries, our current Role Model is Nepal. Khem Lakai our Ambassador, had by far overachieved our wildest dreams. After our first Meetup in 2018, and a good exchange during the year, Khem understood, it was important to get top technology created in Nepal. Since natural resources are limited and industrial production is not too well developed yet, competition in other countries is fierce, he decided to help stimulate tech development. Together with Ranjan Mishran, a Nepali who is studying at ETH in Zurich they inspired a team of PhDs from Zürich and other Universities to come to Nepal. The Swiss Embassy in Nepal immediately recognized the importance and supported his actions.

Kathmandu, Nepal

In nearly no time, students in Nepal are being trained and built an AI systems and have been stimulated for Entrepreneurship. With yet another group of Nepali tech enthusiast in diaspora, lead by Prof. Bishesh Khanal who decided to quit his dream job in London to move back to Kathmandu and help Nepal move forward with other very successfully tech professionals and experts in the field of AI. Khem worked closely with various entrepreneurial enthusiasts in the nation, co-sponsored national events with Nepal Tourism Board and mentored youth in politics from all different political parties to raise awareness for a “visionary leadership”:  Nepal is to change the narrative of poor and sorry nation to a successful strong nation.

 

Premier Minister Khadga Prasad Oli of Nepal with World Innovations Forum Chairman Axel Schultze.

A few months later they invited Axel to speak with the Prime Minister Oli about the World Innovations Forum’s overall plans and also having talks with their Finance Minister Dr. Khatiwada. The power play continues this year with a first International Investors Summit in Nepal. Now Axel is preparing to attract international startup investors from the US, Germany, UK, Switzerland and maybe a few other countries to Nepal. While the country is still perceived as a rather corrupt nation, we see already Nepali Finance Minister starting to bring the legal framework in alignment with International expectations. The extraordinary journey is just in the beginning.

Khem Lakai, the World Innovations Forum Ambassador, together with his connections and a very ambitious country is making the sheer impossible a reality. It’s the concerted effort with an exceptional leadership that made this work. It was only a spark of inspiration from the World Innovations Forum,  yet the highly focused, ambitious and self determined Khem Lakai did what he felt is right for Nepal, connected with likeminded people and relentlessly executed. It’s that mindset and the understanding what really makes sense for the larger part of a country that moves mountains. In the meantime a new innovation lab is in the making. Also a collaboration between another Swiss university with a Nepali University is considered to create an exchange between some top Nepali talents and Swiss talents to also shorten the distance between cultures.

Its the right time for the right action with the right people that makes a change possible. This is the spirit the World Innovations Forum is trying to embrace. Our most sincere THANK YOU to Khem and his team of equally ambitious team of exceptional people like Ranjan Mishran, Prof. Bishesh Khanal and many others to build this World Innovations Forum poster child.

Even though Khem is the prototype of a self starter, let us inspire all of you to do what is best for your country as every country is in a different situation. But we are all one world – together.

@MaritaR

 

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Welcome “Innovations Age”

Innovations Age driving many major innovations simultaneously and globally

Innovations Age driving many major innovations simultaneously, independent of each other and globally

Transcending from the Information Age into the Innovations Age.

Looking back: Information is king, information will be omnipresent and widely accessible more or less across the globe. All that exactly happened. The power of information changed the world order. It was no longer the production power that made emerging countries to developed countries, but well-informed societies, that were able to understand the global trends, global needs and the way to deliver any good globally. The information age was the big enabler of globalization. The information age was the driver to let countries like Cyprus, Czechia, Estonia, Ireland, New Zealand, Slovenia, South Korea emerge to highly developed countries in less than two decades. But all that will change in the new Innovations Age.

Ushering in the Innovations Age. Since three years we see a new driving force, on the verge to change the world more than ever before: Innovations – on a very broad front. Human’s progress on hybrid sciences between technology and human skills: Artificial Intelligence, or enormous progress in smart materials, biological materials, energy technology, ultra small and inexpensive satellites, private business space discovery, environmentally conscious food, augmented reality – all pushing forward with great thrust and most importantly simultaneously. Hence the ‘s’ in the Innovations Age. The team felt who would be better to take the lead on this change than the World Innovations Form.

In 2018 alone we saw mind-bending inventions far beyond information technology. We heard about the creation of a heart chamber that is entirely built from biomaterial, creation of concrete stone that is made of air – actually CO2 – modified carbon, the advances in enforced deep learning letting AI play, find or construct much faster than any human ever will, creating bacteria that can digest polymers, and hundreds of other breakthroughs – in one and the same year. This year, 2019, we will see very similar development but on an even broader spectrum with an even bigger push forward. Innovation is turning from “big bangs” in the past centuries – into constantly “rolling thunders”.

The global impact of mass innovation is multi-dimensional.
1) New solutions with new educational demand will create new jobs in a variety of existing and even new industries.
2) New discoveries will require the availability of corresponding infrastructure and legal support
3) ‘Agile Government’ may become a signature term for the leading countries in the innovations age.
4) The world order will shift again. The Information Age powerhouses such as the US, Japan, UK, may need to give way to new nations with a more agile faster-responding society. It’s no longer about east or west, not even developed, emerging or less developed countries.

The Innovations Age is all about agility. We will need to look out for ‘agile nations’, ‘fast following nations’ and ‘preserving nations’. If we needed to make this categorization today, the new world order would look very different:
Agile Countries
South Korea, Vietnam, Singapore, Germany, France, Spain, Switzerland, Netherlands, Austria, Australia, Chile, Mexico, Russia, Brazil.
Fast Following Countries
Argentina, Canada, Columbia, Nepal, Nigeria, Peru, South Africa,
Preserving Countries
Virtually all other countries including former highly developed countries including US, UK, Japan…
The mix of developed and emerging countries couldn’t be grander.
However, that grouping is rather premature. But we will soo already by 2020 a clear impact of the evolution in the Innovations Age.

We are not alone. The term Innovations Age was coined before us. Already in 2017, McKinsey published an article “The age of innovation“. Huffington Post declared already in 2011, The Innovation Age starts now.. Also the University Of Tampere, Finland is working on the “Age Of Innovation“. And as we describe here, education is one of the keys in the new Innovations Age, the book “Innovation Age Learning” may be interesting to read.

Summary

Summarizing the Innovations Age, characteristics and difference to the past time period.
Unlike any other time period before, including the Stone Age, Bronze Age, Iron Age, Dark Age, the technological period of the Contemporary History with its Jet Age, Atomic Age, Digital Revolution, Space Age, to today’s Information Age,  the Innovations Age ushers in a time period of simultaneous development, versus linear development. The possible impact of Artificial Intelligence is an excellent example of that situation. Linear development would take eons to progress. Only the simultaneous development in neuroscience, computer science, social science, robotics, IOT, gives the future autonomous machines a significance that could not evolve in a linear manner. Similarly the upcoming progress of smart or bio materials can only evolve due to its parallel development nature. And more so all that is happening in parallel to each other. For the first time in human history, parallel development will move us from a technological monoculture into a massive parallel development culture. Innovations are now literally limited to the number of talents we can build up through ever more advanced education systems – even taking the rapid development of autonomous machines in consideration. Interestingly enough: Human education will signify a major aspect of this new age.

You may want to join the upcoming online conference February 12, 2019.

 

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Germany – Now IPO space no.2 globally

Germany has long been known for tech innovation and a very powerful economic driver. Berlin has grown to one of the most attractive start-up hubs in the world, putting Munich on the second place within Germany, yet still before Hamburg, Stuttgart, Frankfurt and other cities. With the enormous startup thrust – startups pushed to grow even beyond the German borders. Funding was the most significant barrier.

IPO Breakthrough

In the first quarter of 2018 alone, startups and spin-offs from larger companies pulled in close to  7 Billion Euro with their IPOs. This is more than the rest of Europe combined. This is pushing Germany in spot No. 2 globally behind the USA. And more IPO candidates are already in the loop. It took a bit for Europe actually to show that their startups have IPO quality – but now they seem to come with full power. More than just a handful, including HalloFresh, Delivery Hero, Zalando, Rocket Internet, Windeln.de, German Startups Group, Elumeo, Ferratum, Trivago, MyBucks, Akasol, Home24, CreditShelf, NFON and some others made it and IPOed in Germany already.

In the meantime, more IPO spots try to attract fast-growing businesses like the EuroNext in Amsterdam, Netherland and the Paris Stock Exchange. The relatively high P/E ratios of the classic enterprises, relative to their growth rate make those young businesses attractive. If one looks back to the early 2000s when a big surge of US startups went public, the majority of the investors where laughing, but today those companies produce a multiple that has never be seen in public companies before.

 

Artificial Intelligence Leadership

With the second biggest IPO finance place in the world, Germany is also attracting companies from other countries. More importantly, Germany is also preparing the capital flow into the next generation technology to support their declared attempt to become a global leader in Artificial Intelligence. The official AI strategy will be introduced Dec 4/5 2019. And with rapid financing growth has always been a worldwide challenge, the IPO leadership in Europa makes Germany also the place to go for AI startups. We will report about the AI Space Germany in December.

Stay tuned.

 

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