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How Crowds Are Enabling
a Golden Age of Innovation
Shaun Abrahamson
@shaunabe
@shaunabe startup life
Investor: ZocDoc, Trialpay, Refinery29, Retrofit,
Crowdtwist, Sense Networks, Tonx, Jovoto, Modria,...
First, lets go back to 1999
Corp Dev
Why was
the
50k great?
Founders Investors
Customers
BUT
For Founders -> Finding Customers,
Finding Investors, Limited Media
For Investors -> Complex evaluation of
Opportuniti...
What’s new in 2013?
also
new, better organized
crowds
Crowdfunding
Accelerators
Crowdstorming
Source: Crowdsourcing.org
Angel.co
More Connections, Better Signals
Kickstarter
Customers + Investors +
Partners
Corporates Venturing
Funding + Expertise +
Customer Acquisition
Source: f6s.com
YCombinator
Customers + Investors +
Partners
Corporate Accelerator
2009 Spend
Explosion in
Open Innovation
Spending
2015 Spend (Projected)
Source: OIA Survey 2013
GE Ecomagination
Identify Specific Types of
Opportunities
Amazon Studios
Make Use of
Open City Data
Corp Dev
Better organization and alignment
FoundersInvestors
Customers
What’s still hard?
For Founders -> Acquiring Customers
(Feedback, Testing, Sales), Funding
For Investors -> Offering More ...
What’s Next?
Fund + Accelerator + Crowdstorm ++
Crowdstorm + Accelerator ++
Crowdstorm + Accelerator ++
Corp Dev
Ever better crowd alignment
FoundersInvestors
Customers
Aligning crowds is very,
very powerful.
It’s never been easier to
make innovation happen.
How Crowds Are Enabling
a Golden Age of Innovation
Shaun Abrahamson
@shaunabe
Crowds and the golden age of innovation
Crowds and the golden age of innovation
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Crowds and the golden age of innovation

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How crowds are enabling a golden age of innovation via crowdfunding, accelerators and crowdstorming.

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Transcript of "Crowds and the golden age of innovation"

  1. 1. How Crowds Are Enabling a Golden Age of Innovation Shaun Abrahamson @shaunabe
  2. 2. @shaunabe startup life Investor: ZocDoc, Trialpay, Refinery29, Retrofit, Crowdtwist, Sense Networks, Tonx, Jovoto, Modria, Mealku, Stylyt, Everest, Minbox, Care at Hand, Workana, Social Amp, SOMA, Spuni... Builder: (good, bad + ugly) including: Oculus, govWorks(Startup.com), Starmedia, MediaSentry 2
  3. 3. First, lets go back to 1999
  4. 4. Corp Dev Why was the 50k great? Founders Investors Customers
  5. 5. BUT For Founders -> Finding Customers, Finding Investors, Limited Media For Investors -> Complex evaluation of Opportunities (Team, Idea) For Corp Dev -> No real structures to work with startups
  6. 6. What’s new in 2013?
  7. 7. also new, better organized crowds Crowdfunding Accelerators Crowdstorming
  8. 8. Source: Crowdsourcing.org
  9. 9. Angel.co More Connections, Better Signals
  10. 10. Kickstarter Customers + Investors + Partners
  11. 11. Corporates Venturing Funding + Expertise + Customer Acquisition
  12. 12. Source: f6s.com
  13. 13. YCombinator Customers + Investors + Partners
  14. 14. Corporate Accelerator
  15. 15. 2009 Spend Explosion in Open Innovation Spending 2015 Spend (Projected) Source: OIA Survey 2013
  16. 16. GE Ecomagination Identify Specific Types of Opportunities
  17. 17. Amazon Studios Make Use of Open City Data
  18. 18. Corp Dev Better organization and alignment FoundersInvestors Customers
  19. 19. What’s still hard? For Founders -> Acquiring Customers (Feedback, Testing, Sales), Funding For Investors -> Offering More Than Money (Expertise, Customers) For Corp R&D -> Assuring That Ideas Succeed (Money, Expertise, Customers)
  20. 20. What’s Next?
  21. 21. Fund + Accelerator + Crowdstorm ++
  22. 22. Crowdstorm + Accelerator ++
  23. 23. Crowdstorm + Accelerator ++
  24. 24. Corp Dev Ever better crowd alignment FoundersInvestors Customers
  25. 25. Aligning crowds is very, very powerful.
  26. 26. It’s never been easier to make innovation happen.
  27. 27. How Crowds Are Enabling a Golden Age of Innovation Shaun Abrahamson @shaunabe
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