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Tor Bækkelund
Managing Partner, StartupLab
Nov. 2013
StartupLab in brief
● StartupLab is Europe’s largest incubator made for
technology startups within IT/Tech:
- More than 60...
Founders Fund in brief
● Some of Norway’s most successful tech entrepreneurs who wants pay
forward and help foster a stron...
So, how and what can
corporates learn from startups?
Let’s look at the differences
Resources
Culture
Legacy
Motivation

Corporates

Startups

Opposites
Can existing business foster new
business? Yes you can!
• Most importantly, meet the entrepreneurs
• If you are keen on cr...
Some industries depend their
innovation on stimulating an
undergrowth of startups
- Successful?
Silicon Valley
Digital Winners 2013: Tor bækkelund final
Digital Winners 2013: Tor bækkelund final
Digital Winners 2013: Tor bækkelund final
Digital Winners 2013: Tor bækkelund final
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Digital Winners 2013: Tor bækkelund final

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Digital Winners 7-8 November:
"The new incubators", Tor Baekkelund

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Digital Winners 2013: Tor bækkelund final

  1. 1. Tor Bækkelund Managing Partner, StartupLab Nov. 2013
  2. 2. StartupLab in brief ● StartupLab is Europe’s largest incubator made for technology startups within IT/Tech: - More than 60 companies with 130 talents - Presence in Silicon Valley and Berlin ● Our goal: Drive, facilitate and support the growth of new companies in Norway ● We offer a combination of flexible work space, free and friendly advice, access to early stage capital, industry partners and a broad network
  3. 3. Founders Fund in brief ● Some of Norway’s most successful tech entrepreneurs who wants pay forward and help foster a stronger entrepreneur community ● Early stage, no follow-up investments, partner with other investors ● Unique investment philosophy based on experience at Oslo Science Park (4x returns over 10yrs) - Pragmatic to the original idea, it will change and improve along the way - People focused - Exit early and reinvest ● 20-30 investments in the range of MNOK 0,5 - 1,5 each, average 1 MNOK per investment
  4. 4. So, how and what can corporates learn from startups?
  5. 5. Let’s look at the differences
  6. 6. Resources Culture Legacy Motivation Corporates Startups Opposites
  7. 7. Can existing business foster new business? Yes you can! • Most importantly, meet the entrepreneurs • If you are keen on creative input to your business model or your products; “tell it on your web site!” • Best case; you get something relevant and affordable • Even better case; it impacts your strategy positively
  8. 8. Some industries depend their innovation on stimulating an undergrowth of startups - Successful?
  9. 9. Silicon Valley

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