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.
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.
- 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:
- 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.
- 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.
- 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.
- 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.
- 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.
- 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.
Instead of trying to help 3 Billion people from the 75 poorest countries to survive, we decided we want to focus on 1,500 innovative minds, the 20 best from each country to build their own self propelled economy.
PAST DEVELOPMENT AID EFFORTS
Since more than 50 years, the developed world is helping less developed countries by donating money. In a large portion of the world, even though donations have been increased, poverty has risen. In many cases due to corruption or bad management or due to the fact that we actually educated societies how to receive more donation and failed to educate them how they can become autonomous. In those poorest countries the main innovation is to find better ways to increase the level of donations.
It’s not about a possible waste of money – the old model is simply not sustainable when the population is growing as fast as it does.
NOT ALL NATIONS SEEK TO GROW
We – the World Innovations Forum leadership team – decided to split the world into two groups: Those who desire to bring their country to more prosperity and industrialization and those who decided to continue live their lives as their past generations did. There are countless tribes and even nations who just do not want to enter into a “developed life”. We see this even as part of some developed countries like the Amish in the United States. We feel nobody should have the right or ambition to force them into “our way of living”.
GROWTH NATION DEVELOPMENT
For those who are interested in rapidly evolving and catching up with the developed world, we see a chance to help them build their own economy from the ground up themselves and with their own ideas. By working with literally thousands of startups from around the planet we saw brilliant entrepreneurs from Ghana, Kenya, Nepal, Bosnia and pretty much any country. Today they leave their country and let a nation behind with no way of getting their innovation potential in order.
Whether it was Silicon Valley in the 1960’s, Germany in the mid/late 1800’s or recently South Korea after the year 2000, all innovative countries have the same pattern: An astounding small number of entrepreneurs started the innovation era in the respective country. All those nations were open to let them do their experimentation and had investors one way or the other to finance their growth. And if capital was not locally available FDI (Foreign Direct Investments) have been possible. The real wealth in all those countries have been driven be their ability to create a solid brand and then export into any conceivable market.
MISSION & ACTION
Based on our learning, we decided to embark on a mission to help build innovation ecosystems, train and select the best possible innovators and help them build a brand and export their solutions as good as humanly possible. To help finance their growth, we started to build a global investor network and also work with local investors to invest through those top talents until they are globally successful. We focus on helping develop some handful of global minded entrepreneurs of the likes of Benz, Intel or Samsung. Rather than remotely trying to help billions of people, we are trying to build up an economy that is strong enough to help their population themselves.
We believe for the next 15 years we still need development aid organizations who help in immediate support cases. At the same time, the World Innovations Forum is trying to create the basis for any country that wants to grow into prosperity. While doing so we help develop the next generation entrepreneurship that makes those countries self sufficient down the road. By 2035, we envision that all nations are on eye-level with each other and have similar levels of prosperity.
We have roughly 200 souverain states on earth, depends on who is accepting which country. The 10 wealthiest countries together represent more than half of all export/capita value from around the world. The 25 poorest countries do not export anything at all. It appears that the ability to export indicates the level of prosperity. The higher the export volume per capita the higher the prosperity in the respective country. For that reason we took “Export volume / Capita” as the single most important “Key Performance Indicator” or KPI for a countries prosperity. However: WE DO NOT suggest that we “help” countries to grow their export in order to create economic growth and prosperity. But we DO help those who have made a conscious decision to grow and develop their nation’s economy.
We chose the term “self propelled economy” for an ‘economy development method’ using innovation and entrepreneurship as a way to ignite prosperity. Rather than helping a nation to create jobs by launching foreign tech companies, train and hire the best people, we inspire their entrepreneurs to build innovative solutions themselves.
Example 1 External Scenario (push economy)
Assuming a country with 35 Million people and primary products being split between agricultural, tourism and textile production. Assuming further, that a tech company from any developed country comes in and offers to train 2000 people to become software engineers and computer scientists to later on hire them and maybe others, creating a total of 20,000 jobs in the next 3 to 5 years. The hope would be that possibly another 10 companies would come and do something similar, ending up with about 200,000 people working in high tech jobs, paying a nice chunk of taxes and a first step in prosperity could be seen. It also would mean that roughly 2% of the work force is covered and unemployment rate goes down. Moreover, that soon upper 2% of the population would consume more and keep other people busy as well. It is a great start – no question.
Example 2 Internal Scenario (self propelled economy)
Assuming the same country with 35 Million people and primary products being split between agricultural, tourism and textile production. Now assuming further, that the country decides to stimulate an innovation development program and trains 2000 people to become software engineers and computer scientists and another 2,000 people with rather conventional business education to form 2,000 startups. During the first 5 years they would hire possibly 50 people each, or 100,000 in total – this is only half of the previous scenario, still making some nice money and reducing unemployment rate at least by 1%. However those businesses would sooner or later start to export their products to other countries. Each product exported brings additional money into the country. And in the following 5 years the growth rate of those companies will most likely surpass the number of people hired by foreign companies in Example 1.
The Big Difference
If example no. one, is highly successful, the foreign company’s success is part of the success story, export/capita and wealth development of the country of origin. The country where they started to setup their business is nothing more than an indirect outsources operation and the value chain leading back to the country, that company is coming from. For our emerging country a nice lift but essentially the biggest imaginable loss: The loss of innovation and entrepreneurship for their own nation. In Switzerland for instance people had been proud that products like Google Maps have been developed in Switzerland and later on purchased by Google. In Germany people are proud of their globally leading robotics company Kuka, which has later on be purchased by a Chinese company. In Nigeria a sales person selling water to Chinese miners digging out copper and gold from the earth is very happy to have that job. All with the same argument: We wouldn’t been able to do it ourselves. Yet, in all cases the macroeconomic loss is not even recognized. While in Scenario 2, the country may “suffer” the slower growth – very much like the developed country before they have been developed, but in example 2, the emerging country took the most important leap in its history: From self feeding to producing for others – to become autonomous and propelling their economy by its own ingenuity, innovative thinking and execution. Europe’s prosperity is based on innovation that is more than 50 and up to 200 years old. China’s prosperity is based on its ability to produce what Europe and the US had developed at much lower price. California’s prosperity is based on high margin products that will dominate the future.
Over the past 5,000 years, global leadership came and went away. China may become the very first nation in history that actually repeat it’s global glory – but only if they can manage to become again a innovation powerhouse as they have been some thousand yeas ago when they introduced porcelain, gunpowder, compass, nudels, paper making, silk, the mechanical clock and so on to the world. And as we continuously embrace: the act of invention is not the point, it is the skill to distribute an innovation and a brand that creates prosperity.
After a very successful Asia roadshow in 2018 we are on our way to Asia again, Feb 27 – Mar 30th 2019.
Please come meet with Axel and me, if you are around in one of the 5 cities in 4 countries:
|Feb 27 – Mar 5||Vietnam||HCMC|
|Mar 6 – Mar 10||Vietnam||Hanoi|
|Mar 11 – Mar 15||South Korea||Seoul|
|Mar 18 – Mar 23||Bangkok||Thailand|
|Mar 24 – Mar 29||Nepal||Kathmandu|
With the help of our local country ambassadors, we will meet and have talks with Entrepreneurs, Investors, Universities, Governments, Media, and Innovation Hubs. The main purpose is to exploring opportunities to increase the level of innovation, inspire young entrepreneurs, discuss innovation economy topics and best ways to increase prosperity.
After the first Asia trip in 2018, we began to work together with our country ambassadors and representatives of local innovation groups, some government and academia. The common goal we all agreed on was to stimulate innovation, and the whole innovation process and bringing every country successfully to the global markets, create jobs, and spark new businesses.
Much has happened between our start in June 2018 and now
The first global online event: “World Innovations Forum Kick Off 2018‘
The initial construct of an “AI Leadership Framework for countries”
Researched the “Most wanted engineering skills for the future”
Welcoming the new “Innovations Age”
Described in more detail “Self Propelling Economies”
Many Initiatives, Programs, Events and Insights have been prepared – ready to engage.
And the latest development:
Highly focused, data driven Innovation Classification rather just counting patent applications.
Now we like to invite everyone to join this journey – either by visiting the local Entrepreneurs Nights. You can find them easily on Meetup. Also in each city we will have time to meet with entrepreneurs, investors, corporate executives, enablers and governments. If not yet done – please contact your local ambassadors.
World Innovations Forum Nights
|February 27||Ho Chi Minh City, Vietnam||https://www.meetup.com/wiforum-HCMC/|
|March, 06||Hanoi, Vietnam||https://www.meetup.com/wiforum-HaNoi/events/259220407/|
|March 14||Seoul, South Korea||https://www.meetup.com/wiforum-seoul/events/256358412/|
|March, 28||Kathmandu, Nepal||https://www.meetup.com/wiforum-kathmandu/events/258402465/|
Looking forward to see you :)
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?
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.
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.
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.
We came a long way in the last 1 and 1/2 years since this amazing video from Maurice Conti was recorded. Artificial Intelligence made huge progress. The hardware however is actually much behind the hopes. Autonomous machines like robots lack the skills to move like humans or animals. Other autonomous machines like cars or ships still lack the all encompassing sensor technology to be truly safe. Autonomous earth bound autonomous machines like chat bots and game computing however show great evolution in their hardware technology.
The software advances are more significant: AlphaGoZero was beating AlphaGo 100 to 0 – meaning the amazing AlphaGo program, which was beating the number one Go player in the world 4:1 was now beaten 100:0 by its next generation AM. The critical part of that story is that it was able to learn everything on its own. Chinese President Xi Jinpen announced his goal to be AI leader by 2030. German Economy & Science departments expressed their desire to make AI made in Germany a globally known quality brand for AI by 2030. Approximately 1.000 times as many regular people on the street became aware of a possible social shift in mankind. grander than anything we experienced or even imagined before. Fear however is spreading at almost alarming rate now – not a place we should be in. But it’s only indirectly the fear from machines. Deep inside our subconsciousness it is the fear of our own miss doing. Not our imperfection but doing things that are simply not right – and doing so in full awareness. Outside the technology and opportunity realm, we began to learn more from the AI development about ourselves than ever before.
How important is technology for AI?
In my work on that subject, I recently had an interesting thought. Mainly when I heard that the two vocal contender China and Germany longing for attention, I asked myself what they have to bring to the party. Today’s AI leader is clearly from California. But is technology really at the core of AI? Yes, we need powerful processors and lots of memory. But AI is no longer really about technology per see. At the core of any AI system are the algorithms, complex mathematical constructs that can describe a behavior, a process, and create results for possible more algorithms. Both Germans and Chinese are pretty good at that. Further more AI is equally dependent (today) on neural network skills. A structure where lots of data get feed in, and spill out results or even directives to other algorithms. Decision making procedures are other skills AI need to employ to create meaningful results. All these skills can be found widely in Germany and Switzerland.
Sooner or later all engineers will notice that no matter how much computing power they have it will never be enough. The game of GO is a great example. The number of possible moves from start to finish is said to exceed the number of atoms in the observable universe. Any AM (Autonomous Machine) will need to calculate its best result or step to a result based on the most probable right step, accepting it may not be the best. AMs need to be FAILURE TOLERANT. With that, an AI system actually gets closer to us humans. I’ve met AI researcher in Taiwan working especially on that part of the process.
But here comes – by far – the most challenging part of AI development that is actually useful for people: What questions do we have to have an AM answer it profoundly and efficient. To make AMs do repeatable jobs like in a production company, or repeatably answer questions, even millions of different questions, from customers in a pre-sales department, or answer questions from patience regarding their possible illness. that is not so complicated. But to answer the question: “How can we help politicians, make the right decisions that are in the interest of the population – and – taking long term effects into consideration?”. Most of us do not (yet) have a firm answer. Most of us, including me can’t even articulate that question comprehensive enough for any system or human to trigger the right solution finding process. Now that is an area where Central Europeans, including Germans are actually pretty good at – maybe better than others.
Artificial Intelligence is more about asking intelligent questions to get intelligent results that putting together fine technology.
While I can continue with a few more aspects of meaningful requirements for a great AM solution, it became very apparent to me that technology keeps taking less and less a center stage position and other, social, psychological, behavioral aspects move rapidly forward. It also daunted on my that there will probably not be a single country doing it all or being the leader – it is a global development where the most open minded and smartest people can jointly produce unprecedented results. Brut force leadership by order of a human leader is most certainly failing – even with 10 billion people. But some of them will contribute amazing solutions to the whole.
The World Innovations Forum put a leadership framework together to help all countries to get started and advance. Getting everybody involved makes a lot of sense when it comes to, what is said by some, the last innovation humans will do. Most importantly collaboratively developing and agreeing on a common set of rules will make this development much safer. But maybe we need an AI system to guide us through a process that may otherwise be too much driven by ego and self interest.
The development of chat bots is evolving rapidly. From clunky little experiments a few years ago, we see great progress and probably have a highly sufficient “chat bot” by 2022 that is so strong and so versatile that it may replace more than 100 million call center employees with the only replacement of maybe a million people training and advancing those bots. By that time governments will have no other choice to tax the productivity of any AM no matter where those machines are hosted and no matter who owns them. The tax income then can be used to start the concept of a base income for those who won’t find work any soon. A whole taxation model will be available in the new book “World with no work“. By 2025 until 2028 we may be in a position that super advanced chat bots can replace many knowledge base systems including Medical Doctors, Lawyers, Bankers, Insurance Brokers, Inside sales people, cashiers and so forth. This may cause an even bigger avalanche of unemployment that my easily hit over half a billion people world wide. Only several million will be needed to review the medical suggestion, the investment advice etc. But will no longer need a time consuming deep dive. By 2030 robotics may have advance to be much more agile. My ultimate test for a robot would be: Successfully perform in three disciplines: 1) Successfully play soccer in one of the top leagues. 2) Climb Eiger North Face or any similar mountain and return safely to base camp. 3) Dance tango with one of the world class dancers (it takes two to tango). “It takes two to tango” has an inhered interesting aspect: unlike most dances, Tango is lead by both dancers with an unspoken intuition. That will kick start another avalanche of AMs performing tasks that have been conducted by well educated humans. With a constantly improved UBI (Unconditional Base Income) by now it becomes actually a desire to replace as many human jobs as possible and give humans the freedom to pick and chose activities they really love and be so good and social in it that there is no advantage to have robots. There is no advantage to mass produce robots that produce art better than humans can do. Art has no better or worst – Art is a human expression not a robotic mass produced expression, even if every piece would be individual.
By 2040 or 2050, humans will rationalize that during the time of the industrialization, they lost their autonomy. No job – no happy live. If you can’t get into a company where somebody is telling you what to do, you won’t get the reward in cash that you need to survive. Or if you do not perform what is expected from you, you get fired. Not today – but in 100 years we will compare that life with modern slavery. How could it be that you – a free person – has only a few hours a day actually free. At least, unlike in the 1800’s you no longer get beaten up or cut off your hand, but still you call it yourself treadmill, you are very happy if it is 5 pm, you look forward to vacation, you have no or not enough time to do what you really would love to do, you may not even have your dream job, you can’t follow your intuition but the job rules and so forth.
However exactly that ‘YOU’, is the one who helped build a world that eventually transform to a much more liberal life, less dangerous tasks and way more pleasant. So nobody following the rules today is/was stupid. But look for the possible outcome in 30 years from now. Learn everything possible including risks and opportunities about AI and AM and only if you can make an educated decision, judge it – as an hopefully autonomous human.
A 3 day global online live event
Today we concluded an amazing 3 day innovation and entrepreneurship power play. Over 500 attendees from over 40 countries joined the online live event and in local ‘public viewing’ events.
Albania, Argentina, Australia, Austria, Azerbaijan, Belgium, Brazil, Canada, Denmark, El Salvador, Germany, Ghana, Greece, Hong Kong, Hungary, India, Israel, Italy, Japan, Liechtenstein, Lithuania, Macedonia, Nepal, Netherlands, Nigeria, Mexico, Norway, Peru, Portugal, Romania, Russia, Singapore, South Korea, Sweden, Switzerland, Taiwan, Ukraine, United kingdom, United States, Uzbekistan, Vietnam.
From physical to digital
What’s the secret sauce for the success? The whole event was online. Last minute we changed the whole format from a physical event which would have been only affordable for the wealthy countries to online – and made the access for free for all attendees. The cost to organize the event was significantly lower, we did not need to fly in 500 people – and feel good about the savings in negative environmental impact, carbon footprint and more than ten thousand hours in aggregate for none productive preparation and traveling.
Live Online Pitch from Nepal
Live presentation of a team of scientists who developed a new method to easily test animal pregnancy and getting results within hours. They don’t need any long lasting clinical tests anymore which would not be economically feasible in many countries. Startup winner from Nepal.
The Whole Ecosystem was here
It was extremely interesting to see innovative startups from various industries, tech, biology, health, and more to present. Investors discussed national and international investment strategies, valuation differences and due diligence processes. Enabler such as incubators, co-working spaces, accelerators, mentors and technology and service providers shared their point of view and how startups from around the world could just go to any space and any enabler and receive help when going global. Government representatives and ambassadors shared what it takes to enter a country and how they can help to make the start and the stay easy and convenient. The 58 sessions in a highly intense 15 minute sequence was a firework of information.
Hot Investor discussion
Investors from all backgrounds explain investment strategies and experiences. Why investing in international startups is attractive but also the obstacles on the legal and taxation side are to be understood. Discussions about valuation, due diligence and what investors expect, how they evaluate and select startups and the best ways for startups to find investors.
Public Viewing of the otherwise global online event
Our ambassadors in Japan, South Korea and Nepal organized global viewing events. The global online event was supported with local on-site events to foster the regional and global community. The Japanese team together with Fabbit, a leading co-working space, organized the perfect show (see below).
Live presentations – streamed around the globe.
Here a startup in Japan is presenting on stage, the event is live streamed to all attendees around the globe, our Judge located in Switzerland listens and asks questions about the presentation. 500 people in 43 countries watch, learn and share.
Going Global – What can be done
Ambassadors from Japan, Vietnam and the team in Switzerland share how startups from around the world can travel around the world and ramp up a business in a new country possibly even within a few weeks.
Amazing Technology – literally from the kitchens of the future
Russian startup presents a new night vision technology, which is very affordable, light weight and easy to install in the next generation of automobiles. Imagine traveling at night and you can watch the scene almost as if it is a bright day.
A new dimension in high tech conferences
There was never any innovation conference of that diverse and complete audience from the whole ecosystem, on a global scale run all online over multiple days. And to be quite honest – most people found it a bad idea “conferences are networking events, it will never work online”. We kind of agreed but we still needed to try (The risk of regretting not trying is greater than the risk of failing). The dynamic of this first little conference is the spark, helping us to completely rethink global conferences.
Where we are going to take it from here?
- Strengthening and growing the global community
- Building the necessary platform technology and blockchain for permanent connections
- Engagement such as discussing individual challenges, questions, ideas, marketing, acceleration, going global and countless other topics.
Please JOIN the community.
Thank you, attendees from 40+ countries, S3-Ambassadors from around the world, speakers, investors, enablers, supporters, and the Society3 dream-team! Also thank you Swisscom for a rock solid 1 Gigabit glass fiber connection directly onto our desk – wow, flawless.
All have one thing in common: The somehow learned how to attract investors, had their story down and knew how to talk to investors – where ever they are.
Over the past 4 years we had startups from all over the planet in our accelerator and 50% got funded (the highest funding rate in the startup world).
Now we are starting to run free pitch events – ONLINE. These live events shall allow any entrepreneur, wherever they are on this planet to attend. No more traveling for entrepreneurs training.
Next training June 5 in all time zones! read more
We envision a world where prosperity is possible for all nations by increasing innovation and entrepreneurship locally.
Since we can’t get every entrepreneur in the world to come to Silicon Valley – Silicon Valley needs to come to the world – for free.
Please help spread the word, in particular in those countries where entrepreneurs don’t have easy access to capital. http://s3buzz.com/ntd5xx