Rebooting the World
International Startup Festival
Montreal 2013
Software World Wide Web
File Sharing
Outsourcing
Offshoring
Supply-chaining
Insourcing
Informing
Wireless Connectivity
Fal...
World economic growth is
World Monetary Fund - June 2013
United
High Income
Japa
Euro
%growth
4.0
3.5
3.0
2.5
2.0
1.5
1.0
...
Youth unemployment is
now a global time bomb.
55%
30%
16%
15%
54% of US university
graduates
are jobless or under-
Innovation is creating
96
97
98
100
101
102
103
105
106
107
Dec ’07
Dec ’12
Monthly Employed Residents
(100 =December 2007...
Nearly all of net jobs
in the US since 1980
have been created by
companies < 5 years old.
“Jobs Created from Business Star...
U.S. Census Bureau, Business Dynamics Statistics and Kauffman Foundation
-6.0M
-4.5M
-3.0M
-1.5M
0M
1.5M
3.0M
4.5M
6.0M
19...
How do we
spawn more young
innovative companies?
The
stude
nt
start- Surviving Companies
Masters Graduates
Founders
Startups
900
Bachelors
Graduates
PhD Graduates
2.73M
27...
Student startup jobs
71,429
142,857
214,286
285,714
357,143
428,571
500,000
3,641 10,92325,487 50,973
89,203
136,990
196,7...
The US economy added
195,000 new jobs in June
2013. 18% of the jobs
were created by student
startups.
Support for Schools
We provide sponsorship for university run
innovation & entrepreneur programs.
$100K Competition
Our an...
Partner School Support
$100K Competition
February to May 2013
8 Schools
585 Entries
324 Presentations
50 Semi Finalists
10 Final Winners
How do we decide?
0.0
1.0
2.0
3.0
4.0
5.0
6.0
7.0
8.0
9.0
10.0
Idea
People
Market
Product
Competition
Model
Proof
Roadmap
...
Class of 2013
Mark
Wochner
Underwater noise abatement
Daipan Lee, Sophia
Cui, Xenia Menzies
Crowdsourced legislation
Massachusetts Institute of Technology
Connor Landgraf, Patrick
Rogers
Digital stethescope
Kim Gordon, Shambhavi
Kadam
Vik Thairani, Srinivas
Chervirala
Intelligent product systems
Vinay Mahadik, Bharath
Madhusudan
Jill Ju, Ben Cooper
Infant and toddler
wearable technologies
Harvard Business School
Yaopeng Zhou, Mark
Albanese
Opthamology lab in the cloud
Jenny Broutin, Kamal Farah
Microurban farm appliances
Massachusetts Institute of Technology
Mark Chung, Jonathan Chu,
Thomas Chung, Jessica
Kinloch
Energy sensor networks
Founder Skills Acceleration
A 12 month program designed around the “impact gaps” of our
finalist teams.
Class of
2013
Annou...
How can you get involved?
michael@founder.org
Startupfest 2013 - Rebooting the world - Michael Baum
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Startupfest 2013 - Rebooting the world - Michael Baum

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Over the past ten years, all net new jobs have come from young, innovative companies. They're the engines of economic growth powering the twenty-first century. Unfortunately, less than 1% of today's university graduates go on to start a company.

Imagine what it would mean for the economy—and for society—if we could double, or even triple, the number of student founders in the coming decade. How are we preparing coming generations to start companies that innovate, create jobs, and revitalize economic growth? Join entrepreneur, investor, and FOUNDER.org creator Michael Baum in his mission to inspire students to chase big ideas and become founders of impactful companies.

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Startupfest 2013 - Rebooting the world - Michael Baum

  1. 1. Rebooting the World International Startup Festival Montreal 2013
  2. 2. Software World Wide Web File Sharing Outsourcing Offshoring Supply-chaining Insourcing Informing Wireless Connectivity Fall of Communism
  3. 3. World economic growth is World Monetary Fund - June 2013 United High Income Japa Euro %growth 4.0 3.5 3.0 2.5 2.0 1.5 1.0 0.5 0.0 -­‐0.5 -­‐1.0 2011 2012 2013 2014 2015
  4. 4. Youth unemployment is now a global time bomb.
  5. 5. 55% 30% 16% 15%
  6. 6. 54% of US university graduates are jobless or under-
  7. 7. Innovation is creating 96 97 98 100 101 102 103 105 106 107 Dec ’07 Dec ’12 Monthly Employed Residents (100 =December 2007 Values) San Francisco County +6.7% San Mateo & Santa Clara Counties +4.6% California(1.9%) United States - 2.2% CA State Economic Development Department May 2013 Unemployment (Rates for total population) 0% 2.8% 5.5% 8.3% 11.0% Palo Alto Seattle Austin Santa Clara US EU US Bureau of Labor Statistics
  8. 8. Nearly all of net jobs in the US since 1980 have been created by companies < 5 years old. “Jobs Created from Business Start-ups in the United States,” Kaufman Foundation, January 2009
  9. 9. U.S. Census Bureau, Business Dynamics Statistics and Kauffman Foundation -6.0M -4.5M -3.0M -1.5M 0M 1.5M 3.0M 4.5M 6.0M 19771979198119831985 1987 1989 1991 1993 1995 1997 1999 2001 2003 2005 Entire Economy Startups Without Startups Startups create 66% of US jobs.
  10. 10. How do we spawn more young innovative companies?
  11. 11. The stude nt start- Surviving Companies Masters Graduates Founders Startups 900 Bachelors Graduates PhD Graduates 2.73M 273K 9.1K
  12. 12. Student startup jobs 71,429 142,857 214,286 285,714 357,143 428,571 500,000 3,641 10,92325,487 50,973 89,203 136,990 196,724 265,418 344,417 431,315 Year 1 Year 2 Year 3 Year 4 Year 5 Year 6 Year 7 Year 8 Year 9 Year 10 Model Assumptions •Average life span 6 years •10% of companies survive •90% of survivors acquired •10% of survivors IPO 35K jobs per month
  13. 13. The US economy added 195,000 new jobs in June 2013. 18% of the jobs were created by student startups.
  14. 14. Support for Schools We provide sponsorship for university run innovation & entrepreneur programs. $100K Competition Our annual competition awards $100K grants to ten winning companies from our partner schools. Founder Skills Acceleration Every $100K founding team participates in our
  15. 15. Partner School Support
  16. 16. $100K Competition February to May 2013 8 Schools 585 Entries 324 Presentations 50 Semi Finalists 10 Final Winners
  17. 17. How do we decide? 0.0 1.0 2.0 3.0 4.0 5.0 6.0 7.0 8.0 9.0 10.0 Idea People Market Product Competition Model Proof Roadmap Entries Semi Finalists Winners
  18. 18. Class of 2013
  19. 19. Mark Wochner Underwater noise abatement
  20. 20. Daipan Lee, Sophia Cui, Xenia Menzies Crowdsourced legislation Massachusetts Institute of Technology
  21. 21. Connor Landgraf, Patrick Rogers Digital stethescope
  22. 22. Kim Gordon, Shambhavi Kadam
  23. 23. Vik Thairani, Srinivas Chervirala Intelligent product systems
  24. 24. Vinay Mahadik, Bharath Madhusudan
  25. 25. Jill Ju, Ben Cooper Infant and toddler wearable technologies Harvard Business School
  26. 26. Yaopeng Zhou, Mark Albanese Opthamology lab in the cloud
  27. 27. Jenny Broutin, Kamal Farah Microurban farm appliances Massachusetts Institute of Technology
  28. 28. Mark Chung, Jonathan Chu, Thomas Chung, Jessica Kinloch Energy sensor networks
  29. 29. Founder Skills Acceleration A 12 month program designed around the “impact gaps” of our finalist teams. Class of 2013 Announced June 2013 August 2013 November 2013 February 2014 May 2014 Q2 Accelerator Bigger Than Life Q1 Accelerator High Performnance Founding Team. Q3 Accelerator A Player Talent Recruiting & Management Q4 Accelerator Scaling, Fundraising, Building an Ecosystem Monthly Industry Mentor Sessions
  30. 30. How can you get involved? michael@founder.org

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