Slides for my MEDA Annual conference keynote talking about the increasing intersection between venture capital, high growth tech companies and economic development.

1. @paulsingh #
THE BUSINESS OF
(TECH) STARTUPS
THE (GROWING) INTERSECTION OF VENTURE CAPITAL, HIGH-
GROWTH TECH COMPANIES AND ECONOMIC DEVELOPMENT

2. @paulsingh #
@paulsingh
500 STARTUPS

3. @paulsingh #
A (R)EVOLUTION IN THINKING

4. @paulsingh #@paulsingh #MEDAannual
EARLY STAGE
STARTUPS
HAVE CHANGED

5. @paulsingh #@paulsingh #MEDAannual
STARTUP COSTS
LOWER THAN EVERBUT SCALING STILL COSTS MONEY
CLOUD, OPEN SOURCE AND ONLINE DISTRIBUTION DRIVING

6. @paulsingh #@paulsingh #MEDAannual
WEB GETS BIGGER.
WORLD GETS SMALLER.

7. @paulsingh #@paulsingh #MEDAannual
TRACTION IS THE NEW
INTELLECTUAL PROPERTYPLATFORMS (SEARCH, SOCIAL & MOBILE) PRIMARILY DRIVING THE CHANGE.
NO LONGER “GOOD ENOUGH” TO DEPEND ON TECH DIFFERENTIATION.

8. @paulsingh #@paulsingh #MEDAannual
CAPITAL
INCREASINGLY
COMMODITIZEDRISE OF THE ANGELS, YO!

9. @paulsingh #@paulsingh #MEDAannual
NEW REALITY:
MONEY FOLLOWS
FOUNDERS
RISE OF THE ENTREPRENEURS, YO!

10. @paulsingh #
ECONOMIC
DEVELOPMENT
HAS CHANGED

11. @paulsingh #
THE AGE OF THE
INDUSTRIAL CITY
IS OVER

12. @paulsingh #
NOW POSSIBLE TO BUILD
BILLION DOLLAR
COMPANIES IN T-SHIRTS
FROM A COUCH

13. @paulsingh #
FROM ANYWHERE*

14. @paulsingh #
BUT…

15. @paulsingh #
MORE THAN TRADITIONAL INDUSTRIES,
KNOWLEDGE ECONOMY HAS AN INHERENT
TENDENCY TOWARDS GEOGRAPHIC
AGGLOMERATION
ADVANTAGES MATTER, AND THE FUTURE
DEPENDS HEAVILY ON THE PAST.
!
THE SUCCESS OF A CITY FOSTERS MORE
SUCCESS, AS COMMUNITIES THAT CAN
ATTRACT SKILLED WORKERS AND GOOD
JOBS TEND TO ATTRACT EVEN MORE.
“
-- ENRICO MORETTI

16. @paulsingh #
NEAR PERFECT
CORRELATION BETWEEN
URBANIZATION AND
PROSPERITY

17. @paulsingh #
NEAR PERFECT CORRELATION
BETWEEN PRESENCE OF SMALL
FIRMS AND THE LATER
GROWTH OF A REGION*

18. @paulsingh #
BUT…

19. @paulsingh #
TECH COMPANIES WILL
NEVER CREATE THE
MAJORITY OF JOBS

20. @paulsingh #
TECH COMPANIES HAVE A
DISPROPORTIONATELY
POSITIVE EFFECT ON THE
ECONOMY

21. @paulsingh #
WHAT HAPPENS IN THE TECH
SECTOR DETERMINES THE
SALARY OF MOST PEOPLE,
WHETHER THEY WORK IN
TECH OR NOT

22. @paulsingh #
ALTHOUGH JOBS IN LOCAL SERVICES
CONSTITUTE THE VAST MAJORITY OF JOBS,
THEY ARE THE
ECONOMIC GROWTH.
“
-- ENRICO MORETTI

23. @paulsingh #
PROXIMITY IS
VALUABLE

24. @paulsingh #
MODERN ECONOMIC DEV
!
PEOPLE > STRUCTURES

25. @paulsingh #@paulsingh #MEDAannual
HUGE OPPORTUNITY
AT THE POST-SEED,
PRE-A LEVEL

26. @paulsingh #@paulsingh #MEDAannual
INVESTORS:
INVEST OUTSIDE YOUR
REGION, BRING THE BEST
FOUNDERS TO YOUR CITY

27. @paulsingh #

28. @paulsingh #
TECHNOLOGY IS THE
FUNDAMENTAL DRIVER OF
GROWTH IN THE
INDUSTRIALIZED WORLD

29. @paulsingh #
LEARN MORE: disruption.vc
THE BUSINESS OF
(TECH) STARTUPS
THE (GROWING) INTERSECTION OF VENTURE CAPITAL, HIGH-
GROWTH TECH COMPANIES AND ECONOMIC DEVELOPMENT