What is your Startup Ecosystem OS?
What is your cultural OS?
Can you upgrade them?
Talk given in New Delhi, Bangalore and Mumbai on January 2013 for the World Startup Report.
3. Howdy!"
• 13
years
abroad
across
8
countries
• 9
years
self-‐employed
• Work
with
early-‐stage
startups
• Lots
of
7me
to
travel,
read
and
think
4. 13 Years Abroad"
• Japan
• Korea
• China
• Singapore
• Malaysia
• USA
• Germany
• France
I
spent
most
of
my
working
life
(11
years)
overseas,
especially
in
Japan,
China,
South
Korea
and
USA.
My
cultural
DNA
has
become
rather
complex.
14. Around the world"
• China
Tencent,
Baidu,
Alibaba.com,
Shanda,
Giant
Interac7ve,
Vancl,
360Buy,
Sina,
Sohu,
Youku
Tudou,
Netease
NetDragon,
KingSok,
Ctrip…
2013
PotenWal
:
Alibaba
Group,
360Buy,
Sogou,
Qunar,
Vancl,
UCWeb,
Cloudary,
Dianping,
Xunlei
• Japan
Rakuten,
Sokbank,
DeNA,
GREE,
CyberAgent,
Kakaku.com
• Korea
NHN,
Nexon
• W.Europe
Skype,
Spo7fy,
Rovio
(Angry
Birds),
VentePrivee
• Russia
Yandex,
Mail.ru
• Brazil
MercadoLivre,
Peixe
Urbano
Source:
@benjaminjoffe
15. India?"
• MakeMyTrip
– IPO
in
Aug
2010
(first
Indian
in
4
years)
– 550M
Market
Cap
(Jan
2013)
– ~50%
share
of
$1B
online
bookings
– Higher
mul7ple
than
Expedia
• Flipkart
valued
at
~$800m
– Series
D
at
$150m
(Aug
2012)
– By
MIH/NASPERS
+
Family
offices
• 800
startups
funded
in
2012?
India:
Punching
below
its
weight?
17. More Details on Ecosystem 101"
hQp://techcrunch.com/2012/09/01/ecosystem-‐101-‐the-‐six-‐necessary-‐categories-‐to-‐build-‐the-‐next-‐silicon-‐valley/