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Building A 21st Century Economy in Finland Aalto University is Leading the Way
Why Start New Companies in Finland?
Because Old Ones Die
Corporate Lifecyclesare Getting Shorter
Disruption Technology, Globalization, Regulation, Consumer Taste
Disruption Technology, Globalization, Regulation, Consumer Taste, Competition, etc.
Job Growth Will Come From New Companies
Job Growth Will Come From New Companies Startups
Aalto is Leading the Way Center for Entrepreneurship, Startup Sauna, Venture Garage, Entrepreneurship Society
Alto is Leading the Way Center for Entrepreneurship, Startup Sauna, Venture Garage, Aalto Entrepreneurship Society
First -What’s A Startup? Six Types of Startups
Startup Lifestyle Startups Work to Live their Passion ,[object Object]
Get paid for their passion,[object Object]
Feed the family,[object Object]
Feed the family,[object Object]
Execute Search Scalable Startup Large Company Exit Criteria ,[object Object]
 Total Available Market > €300m
 Can grow to €50/yearScalable StartupBorn to Be Big
Scalable Startup Large Company ,[object Object]
 Company can grow to $100m/year
 Business model found
 Focused on execution and process
 Typically requires “risk capital”Scalable StartupBorn to Be Big Execute Search ,[object Object]
 Typically needs risk capital
 What Silicon Valley means when they say “Startup”,[object Object]
Buyable Startup Search Sell Scalable Startup €3 to e0M Acquisition Goal is to solve for:   Internet and Mobile Apps Sell to larger company
Large Company Sustaining InnovationInnovate or Evaporate Sustaining Innovation Transition Scalable Startup Large Company ,[object Object]
Known product feature needs,[object Object]
New tech, customers, channels,[object Object]
Partner
Acquire      - IP- Talent       - Product       - Customers       - Business
Large Non-Profit Social Startup Social Entrepreneurship Startups ,[object Object]
Social Enterprise: Profitable

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