Video: https://www.youtube.com/watch?v=h7UD7y--aRc
So you want to start a startup. HP Tech Ventures on How, Where, and What you should be investing your entrepreneurial time in to. Hack success, skate to where the puck is going to be, and build for where business is going to be the day after tomorrow.
14. A STARTUP IS...
AN EXPERIMENT IN SEARCH
OF A BUSINESS MODEL- STEVE BLANK
15. SCALABLE
STARTUP
TRANSITION COMPANY
BUSINESS MODEL FOUND
PRODUCT/MARKET FIT
REPEATABLE SALES MODEL
MANAGERS HIRED
BREAK-EVEN
PROFITABLE
RAPID SCALE
NEW SENIOR MANAGEMENT
~150 PEOPLE
“A STARTUP IS NOT A SMALLER
VERSION OF A LARGE COMPANY”- STEVE BLANK
16. CLAYTON CHRISTENSEN’S
TECHNOLOGY LIFE CYCLE “S CURVE”
PRODUCTPERFORMANCE
TIME/EFFORT/INVESTMENT/EXPERTISE
RESEARCH
MATURITY
INNOVATION SWEET SPOT
- RAPID PRODUCT & MARKET DEVELOPMENT
- NEW SOLUTIONS
- SHORT PRODUCT LIFE CYCLES
- LOWERING BARRIERS TO ENTRY
21. Large Pools of
Private Capital
Source: Jerome S. Engel
WHAT IS AN INNOVATION CLUSTER?
Entrepreneurs
Venture
Capitalists
Major Corps/
Strategic Investors/
R&D Centers/
Potential Acquirers
Universities
Government
Professionals
Management
Public Stock
Markets
33. Video Game Playing AI
Source: Wired
Software
that master
games better
than humans
34. Develop a
model for
how the
flatworm
regenerates
AI System Solves 100 Year
Old Science Puzzle
Source: Wired
35. 1000 units of
Pepper, the human-
like robot that feels
emotions, sold out
in a minute.
2015 - First Robot to
Recognize and Mimic
Human Emotion
Source: PC World
36. Today
3D Transformation
36
Driving the next Industrial Revolution
Industrial
Revolution
Blueprint design
and mass production
3D
Transformation
Immersive and easier design
and Proto-type & Final Part
“Digital” production
Handmade
and time intensive
Pre-
Industrial
Internet
Computer aided design
and JIT machine production
Next
Industrial
Revolution
Democratization of
Design and Ubiquitous
production