Successfully reported this slideshow.
We use your LinkedIn profile and activity data to personalize ads and to show you more relevant ads. You can change your ad preferences anytime.

Kickstart Ventures Geeks on a Beach 2014 Building Innovation Ecosystem


Published on

The Philippine startup space is developing atop an economic boom. Kickstart Ventures is an investor doing seed to Series A investment. Beyond funding, community development is a key role: while the "Silicon + landform" formula doesn't apply, an emerging market must figure its own formula for growth. Here are some lessons from Area 55, a developing innovation ecosystem in the Makati-Fort Bonifacio cities.

Published in: Technology

Kickstart Ventures Geeks on a Beach 2014 Building Innovation Ecosystem

  1. 1. Building our Innovation Ecosystem: Lessons from Area 55 @Padme001
  2. 2. What We Do: Early-stage Investments Fund digital startups in the Philippines Seed to Series “A”. Equity or convertible notes. Train / Mentor Diverse and active mentor pool Market access Ayala Corporation affiliates SingTel: 501 million subscribers in Asia
  3. 3. What we’ve done: portfolio management $2,400,000 funds made available. 18 portfolio companies. 49 founders. 337 jobs. 576,334 users. 40 new third-party investors. $8,511,363 subsequent funding raised. As of end-July 2014
  4. 4. …helping create an innovation ecosystem. Community networking & thought leadership Startup Weekend Manila / Cebu / Davao Kickstart Startup Mixer #raidthefridge #Area55 #Area55 Conversations Corporate relationships Kickstart Deal Day Investor development #Manila Angels
  5. 5. What have we learnt along the way? Plenty. For starters – It is harder than we thought. It takes longer to get many things done. It takes diverse teams to make stuff happen. And there are things that we can do to make work better for everyone.
  6. 6. Decide quickly and clearly.
  7. 7. Execute with conviction.
  8. 8. Embrace diversity. Open doors. Listen.
  9. 9. Scale. Succeed. Take responsibility.
  10. 10. Observe and measure honestly.
  11. 11. Break rules and dream.
  12. 12. Trust and be trusted.
  13. 13. If you call yourself an investor, invest.
  14. 14. The images are obviously not ours. But if you want to learn more about what we do, or our awesome startups, please contact us for more information. kickstartPH