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From Galapagos to Silicon Valley - Foundations of entrepreneurship. A talk by Ajit Singh, Artiman partner

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From Galapagos to Silicon Valley - Foundations of entrepreneurship. A talk by Ajit Singh, Artiman partner

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Off the coast of the islands of Galapagos, new life and
new species are created there at a remarkable pace. It is
Nature's platform for innovation. Where is its analog in
the man-made world? What are the catalytic conditions
that make entrepreneurship and innovation happen?
Specifically, how does the Silicon Valley work?

Did you know that nearly one third of Silicon Valley
startups are founded by non-technical people –
economists, history and literature majors, to name a few.
What is the track record of their success, compared to engineers and scientists?

A fascinating presentation that was given by Ajit Singh, Artiman partner, at the Toulouse School of Economics.

Off the coast of the islands of Galapagos, new life and
new species are created there at a remarkable pace. It is
Nature's platform for innovation. Where is its analog in
the man-made world? What are the catalytic conditions
that make entrepreneurship and innovation happen?
Specifically, how does the Silicon Valley work?

Did you know that nearly one third of Silicon Valley
startups are founded by non-technical people –
economists, history and literature majors, to name a few.
What is the track record of their success, compared to engineers and scientists?

A fascinating presentation that was given by Ajit Singh, Artiman partner, at the Toulouse School of Economics.

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From Galapagos to Silicon Valley - Foundations of entrepreneurship. A talk by Ajit Singh, Artiman partner

  1. 1. 1 From Galapagos to Silicon Valley Foundations of Entrepreneurship Ajit Singh, Ph.D. ARTIMAN VENTURES Toulouse School of Economics Sept 20th, 2018
  2. 2. 2 two vignettes
  3. 3. 3 1 can we learn from nature 2 foundations of entrepreneurship
  4. 4. 4 1 can we learn from nature 2 foundations of entrepreneurship
  5. 5. 5 lets take a short journey
  6. 6. 6 through a place of immense diversity
  7. 7. 7
  8. 8. 8
  9. 9. 9
  10. 10. 10
  11. 11. 11
  12. 12. 12
  13. 13. 13
  14. 14. 14
  15. 15. 15
  16. 16. 16
  17. 17. 17
  18. 18. 18
  19. 19. 19
  20. 20. 20 a small archipelago
  21. 21. 21 a rich diversity of life
  22. 22. 22 on land
  23. 23. 23 in water
  24. 24. 24 and sky
  25. 25. 25 where
  26. 26. 26 and why
  27. 27. 27
  28. 28. 28
  29. 29. 29
  30. 30. 30
  31. 31. 31
  32. 32. 32 galapagos
  33. 33. 33 why
  34. 34. 34 right temperature 1
  35. 35. 35 good mobility 2
  36. 36. 36
  37. 37. 37
  38. 38. 38
  39. 39. 39 coral reefs
  40. 40. 40 natural mixing of diversity 3
  41. 41. 41 connectionsare made
  42. 42. 42 failures are discarded
  43. 43. 43 quickly
  44. 44. 44 that’s natures platform for innovation
  45. 45. 45 what is man-made platform for innovation
  46. 46. 46 silicon valley
  47. 47. 47 why is this difficult to replicate in most cultures
  48. 48. 48 very hierarchical 1 cultures
  49. 49. 49 very poor diversity of 2 viewpoints
  50. 50. 50 very poor listening 3 skills
  51. 51. 51 innovation and entrepreneurship requires
  52. 52. 52 trans-disciplinarity
  53. 53. 53 aditazz
  54. 54. 54
  55. 55. 55 DESIGN Spatially arrange Kit of Parts Integrate the Building Systems Tune the solution for best value Arrange 3D Integrate Arrange 2D Tune Design 4 1 2 3
  56. 56. 56 cellworks
  57. 57. 57
  58. 58. 58 and trans-disciplinarity requires true dialog
  59. 59. 59 and reliance on first principles
  60. 60. 60 1 can we learn from nature 2 foundations of entrepreneurship
  61. 61. 61
  62. 62. 62 our onus is to figure out the pattern that lies hidden underneath the apparent chaos on the surface
  63. 63. 63 to see through Picasso’s outer shell and uncover…
  64. 64. 64 the Velazquez that lies behind it.
  65. 65. 65
  66. 66. 66 true dialogue 1
  67. 67. 67 True dialogue requires that both parties listen with a GENUINE CURIOUSITY about the other person’s view point True dialogue cannot happen when you listen out of “generosity” (It is good that you are listening, but the intent has to be curiosity, and NOT generosity) True dialogue cannot happen when you pretend to listen True dialogue cannot happen when you don’t listen at all
  68. 68. 68 trust 2
  69. 69. 69 Reliability means you deliver what you promise, consistently Credibility means you know what you are talking about Intimacy means you are sincere in your commitment to the relationship, and are perceived that way. It also means making yourself vulnerable Self-interest is obvious (and is not a bad thing… as long as the numerator, i.e. Reliability, Credibility, Intimacy is high) Trust = (Reliability + Credibility + Intimacy) Self Interest
  70. 70. 70 culture 3 (of high performance)
  71. 71. 71 High Performance Culture is not some soft, fluffy thing. It has FOUR very specific, very tangible attributes: Very clear goals, very clear roles Full transparency – all facts AND all intentions on the table. Full candor Full debate BEFORE a decision is made – No debate AFTER a decision is made. Just execute Clear accountability and TRUST
  72. 72. 72 conflict do not avoid
  73. 73. 73 4 train to be adaptive
  74. 74. 74 “panta rhei…” Heraclitus
  75. 75. 75 5 opportunity trade-off a plan for an
  76. 76. 76
  77. 77. 77 merit matters, but serendipity matters a lot too
  78. 78. 78 it is critical to have mentors
  79. 79. 79 it is critical to have coaches
  80. 80. 80 thank you www.artiman.com

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