Thinking carefully about economics and business strategy can mean the difference between having great technology and having a great company. This lecture focuses on clearly defining your business model, including how you’re going to make money with your product or service. Case studies are used to test concepts against a specific business.
The old industries are destroying the planet and we have to move onto the 'Food to Waste to Food Cycles' mad possible at the juncture of Nano, Bio and ITC.
Asian Leadership Conference 2020 PresentationDan Lejerskar
EON Reality Founder Presentation at Asian Leadership Conference 2020 November 9, 2020
EON Reality founder Dan Lejerskar has been invited to speak at the Asian Leadership Conference again this year, an honor he’s happy to fulfill on November 11.
As per usual, the list of speakers includes global leaders from technology, government, and numerous other industries, although the South Korean event will look a bit different this year due to COVID-19 restrictions. Previous speakers include Presidents Barack Obama and George W. Bush, Alibaba founder Jack Ma, Netflix CEO Reed Hastings, and many more.
The anatomy of a social enterprise is a little different than for a typical tech startup. In this talk, Melinda reveals a new "Business Model Canvas" adapted specifically for startups with a social or environmental mission.
Talk given by Melinda Briana Epler, CEO & Founder of Change Catalyst, at the H3 Conference in Puerto Rico, November 2015.
This session highlights what entrepreneurs should consider at the start of their venture, what they need to do as the company grows and what needs be done as the business matures and the owner contemplates an exit or retirement.
Social networking platforms have changed the way we build and manage relationships, but how have they impacted health care?
Find out how social networks can fill gaps in our current system of health-care delivery and support improved quality of care.
http://www.marsdd.com/events/details/social-networks-and-health-care/
The old industries are destroying the planet and we have to move onto the 'Food to Waste to Food Cycles' mad possible at the juncture of Nano, Bio and ITC.
Asian Leadership Conference 2020 PresentationDan Lejerskar
EON Reality Founder Presentation at Asian Leadership Conference 2020 November 9, 2020
EON Reality founder Dan Lejerskar has been invited to speak at the Asian Leadership Conference again this year, an honor he’s happy to fulfill on November 11.
As per usual, the list of speakers includes global leaders from technology, government, and numerous other industries, although the South Korean event will look a bit different this year due to COVID-19 restrictions. Previous speakers include Presidents Barack Obama and George W. Bush, Alibaba founder Jack Ma, Netflix CEO Reed Hastings, and many more.
The anatomy of a social enterprise is a little different than for a typical tech startup. In this talk, Melinda reveals a new "Business Model Canvas" adapted specifically for startups with a social or environmental mission.
Talk given by Melinda Briana Epler, CEO & Founder of Change Catalyst, at the H3 Conference in Puerto Rico, November 2015.
This session highlights what entrepreneurs should consider at the start of their venture, what they need to do as the company grows and what needs be done as the business matures and the owner contemplates an exit or retirement.
Social networking platforms have changed the way we build and manage relationships, but how have they impacted health care?
Find out how social networks can fill gaps in our current system of health-care delivery and support improved quality of care.
http://www.marsdd.com/events/details/social-networks-and-health-care/
Beyond the Solar Module: Optimizing system performance and maximizing returns...MaRS Discovery District
Optimizing system performance and maximizing returns requires a holistic approach that combines the study and application of components, materials and processes.
Learn more about these three areas:
* the state of the market for solar PV balance of systems (BOS)
* best practices for system monitoring, operations and maintenance
* challenges and potential solutions for Ontario’s connection and grid constraints, as seen by utilities and developers
Get practical tips for making sales calls, including how to successfully close a sale and follow-up with potential customers.
This lecture focuses on both business-to-consumer (B2C) and business-to-business (B2B) sales.
Geoff Mulgan is recognized internationally as a leading speaker on social innovation and its successful realization. Very familiar with the pinch of austere budgets in the UK, Geoff will discuss the opportunities society has to overcome the barriers that fiscal challenges present to innovation.
Following the 2008 global financial crisis Geoff laid out the challenges ahead during his 2009 TED Talk: “I think what connects the challenge for business, the challenge for government and the challenge for communities now, is both simple and difficult. We know our societies have to radically change. We know we can’t go back to where we were before. We know it’s only through experiment that we’ll discover exactly how to run a low carbon city, how to care for a much older population, how to deal with drug addiction – and so on.”
Geoff Mulgan, CEO of Nesta UK's presentation on The Paradoxes of Ageing and How to Overcome Them at the Business of Aging Summit 2012 held on April 30, 2012 at the MaRS Discovery District.
Canadian Innovation Commercialization Program (CICP) - Innovation Information...MaRS Discovery District
Find out how the latest in federal government innovation and commercialization initiatives can help your business.
Public Works and Government Services Canada: Canadian Innovation Commercialization Program (CICP)
Barbara Jaworski, of Workplace Institute's presentation on Older Workforce Strategy presented at Business of Aging Summit, April 30, 2012 at MaRS Discovery District.
Innovation Information Forum: Federal programs, services and financing for en...MaRS Discovery District
Find out how the latest in federal government innovation and commercialization initiatives can help your business.
Hear from experts at the following departments and agencies to get up-to-date information on how their programs and services support innovation and entrepreneurship:
* Public Works and Government Services Canada Canadian Innovation Commercialization Program (CICP)
* National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP)
* Foreign Affairs and International Trade Canada Going Global Innovation (GGI)
* Federal Economic Development Agency for Southern Ontario Investing in Business Innovation Program (IBI)
Social innovation – innovative, practical, sustainable, market-based approaches that benefit society, with special focus on the vulnerable — is gaining traction by companies and governments alike.
• What distinguishes social innovation from more traditional approaches to solving social problems?
• What measurement methods are used to evaluate the economic and social impact?
Presentation made by Schwab Foundation for Social Entrepreneurship and World Economic Forum
This lecture covers all the essentials of building and delivering an effective pitch to help you find financing for your entrepreneurial venture or sell your product to customers. Learn the elements of a good pitch deck and identify the key elements of good communication that successful start-ups use.
Lecture video: http://www.marsdd.com/entrepreneurs-toolkit/sessions/the-pitch
Have you mastered the fundamentals of sales strategy for a growing B2B organization? Want to refresh your skills?
This presentation covers the ins and outs of these best practices:
* Creating the right value proposition
* Choosing the best target
* Understanding how to reach your partners and customers
* Navigating the steps of the sales process
* Using tools to help with the close
* Leading the sales team
Moving from drug discovery to drug development requires a particular skillset usually not yet honed by start-ups. This phase of the development process is highly regulated and, critically, inexperienced start-ups often underestimate the duration and cost of delivering the dosage form into the clinic while meeting regulations.
This presentation will address the following:
* aspects of the Chemistry, Manufacturing and Control (CMC) portion of the drug development process
* bioavailability and the Biopharmaceutics Classification System (BCS)
* objectives of formulation
* cost-effective strategies to reach key milestones
Beyond the Solar Module: Optimizing system performance and maximizing returns...MaRS Discovery District
Optimizing system performance and maximizing returns requires a holistic approach that combines the study and application of components, materials and processes.
Learn more about these three areas:
* the state of the market for solar PV balance of systems (BOS)
* best practices for system monitoring, operations and maintenance
* challenges and potential solutions for Ontario’s connection and grid constraints, as seen by utilities and developers
Get practical tips for making sales calls, including how to successfully close a sale and follow-up with potential customers.
This lecture focuses on both business-to-consumer (B2C) and business-to-business (B2B) sales.
Geoff Mulgan is recognized internationally as a leading speaker on social innovation and its successful realization. Very familiar with the pinch of austere budgets in the UK, Geoff will discuss the opportunities society has to overcome the barriers that fiscal challenges present to innovation.
Following the 2008 global financial crisis Geoff laid out the challenges ahead during his 2009 TED Talk: “I think what connects the challenge for business, the challenge for government and the challenge for communities now, is both simple and difficult. We know our societies have to radically change. We know we can’t go back to where we were before. We know it’s only through experiment that we’ll discover exactly how to run a low carbon city, how to care for a much older population, how to deal with drug addiction – and so on.”
Geoff Mulgan, CEO of Nesta UK's presentation on The Paradoxes of Ageing and How to Overcome Them at the Business of Aging Summit 2012 held on April 30, 2012 at the MaRS Discovery District.
Canadian Innovation Commercialization Program (CICP) - Innovation Information...MaRS Discovery District
Find out how the latest in federal government innovation and commercialization initiatives can help your business.
Public Works and Government Services Canada: Canadian Innovation Commercialization Program (CICP)
Barbara Jaworski, of Workplace Institute's presentation on Older Workforce Strategy presented at Business of Aging Summit, April 30, 2012 at MaRS Discovery District.
Innovation Information Forum: Federal programs, services and financing for en...MaRS Discovery District
Find out how the latest in federal government innovation and commercialization initiatives can help your business.
Hear from experts at the following departments and agencies to get up-to-date information on how their programs and services support innovation and entrepreneurship:
* Public Works and Government Services Canada Canadian Innovation Commercialization Program (CICP)
* National Research Council of Canada Industrial Research Assistance Program (NRC-IRAP)
* Foreign Affairs and International Trade Canada Going Global Innovation (GGI)
* Federal Economic Development Agency for Southern Ontario Investing in Business Innovation Program (IBI)
Social innovation – innovative, practical, sustainable, market-based approaches that benefit society, with special focus on the vulnerable — is gaining traction by companies and governments alike.
• What distinguishes social innovation from more traditional approaches to solving social problems?
• What measurement methods are used to evaluate the economic and social impact?
Presentation made by Schwab Foundation for Social Entrepreneurship and World Economic Forum
This lecture covers all the essentials of building and delivering an effective pitch to help you find financing for your entrepreneurial venture or sell your product to customers. Learn the elements of a good pitch deck and identify the key elements of good communication that successful start-ups use.
Lecture video: http://www.marsdd.com/entrepreneurs-toolkit/sessions/the-pitch
Have you mastered the fundamentals of sales strategy for a growing B2B organization? Want to refresh your skills?
This presentation covers the ins and outs of these best practices:
* Creating the right value proposition
* Choosing the best target
* Understanding how to reach your partners and customers
* Navigating the steps of the sales process
* Using tools to help with the close
* Leading the sales team
Moving from drug discovery to drug development requires a particular skillset usually not yet honed by start-ups. This phase of the development process is highly regulated and, critically, inexperienced start-ups often underestimate the duration and cost of delivering the dosage form into the clinic while meeting regulations.
This presentation will address the following:
* aspects of the Chemistry, Manufacturing and Control (CMC) portion of the drug development process
* bioavailability and the Biopharmaceutics Classification System (BCS)
* objectives of formulation
* cost-effective strategies to reach key milestones
Technology companies are uniquely valuable, and much of that value is tied to intellectual property, and the protection afforded by strong patents. But with changing patent law, patent trolls, and some inventors openly giving up their patent rights, what's the best way for your technology company to secure and maximize the value of your intellectual property? With an emphasis on preparing for an M&A event, patent experts from across the industry will discuss the best strategies...
If you have technology without a patent
If you have a patent pending
If you have a patent granted
Plus, a round table discussion on Elon Musk's recent decision to renounce enforcement of thousands of Tesla patents. Good idea? Bad idea? Could Musk be starting a new trend? Join us August 27 for this and more, answering vital questions regarding patents, technology and M&A.
DCDS Career Day 2012 - Software ConsultingChris Adamson
Short talk for high school career day at Detroit Country Day School about Software Consulting as a career, focusing on independent and client work, and writing apps for the iOS App Store.
K Cube Ventures is the leading early stage venture capital firm in South Korea. Learn more about our portfolio companies and what we do by viewing our 2014 Media Kit.
Website: http://kcubeventures.co.kr/en/
This is a lecture I gave in Thapar University in Patiala, India on Entrepreneuship. I try to demistify the terms of scalability, explain why you can become extremely rich by running a business on intangible products and services. Also I try to dive into understanding hw to develop new ideas for startups. Enjoy !
Corporate profile of the Silicon Straits group, an innovation tribe in Asia Pacific that is building a better platform for designers, engineers & entrepreneurs to get together, be inspired, make things and start or grow companies.
Silicon Straits has offices in Singapore, Ho Chi Minh City and Yangon, and oversees investments in the United States, United Kingdom, Hong Kong and Singapore.
K Cube Ventures is the leading early stage venture capital firm in South Korea. Learn more about our portfolio companies and what we do by viewing our 2014 Media Kit.
Website: http://kcubeventures.co.kr/en/
An analysis of novel business practices (Technology in the corporate world) Roberto Gregoratti
An investigation of the role of technology in corporate world for the creation of more efficient, newer business practices and models on the side of production, communication, finances and more.
This presentation was prepared as part of a University project and is therefore protected by copyright, held by myself and fellow classmates. Partial or total reproduction is unauthorised without prior consent, please contact me if you wish to use this material.
This session examines the multitude of disruptive technologies that are destroying some of our clients’ traditional business models while simultaneously creating great new opportunities for others. As a trusted advisor, you need to understand these threats, identify them, and be ready to help your clients not only survive, but thrive in the face of this upheaval. You’ll be amazed (and probably troubled) as we discuss today’s “buggy whip manufacturers”!
As the world continues to become digital and mobile, the communications ecosystem is being disrupted. Rather than trying to defend an obsolete business model, operators need to change their point of view and consider the broader possibilities being created by this very transformation as it disrupts every other industry.
The characteristics of the new environment are such, that the current "cambrian explosion" of apps will continue with no end in sight - especially as new technologies such as wearables, connected car/home, the internet of things and even implantables appear on the scene.
To support the massive proliferation of apps, a new breed of players is appearing: the Communications-as-a-Service Platform providers (CaaS). They will do to the communications stack what Google Maps did for maps or Paypal for payments: simplify it to the point where any developer is able to integrate it into their application with just a few lines of code.
In this new world, operators need to partner with CaaS providers to fully participate in the tremendous value creation opportunity, leveraging the strength of the startup world with their own, to unleash the hidden potential in their own capabilities and infrastructure.
Keeping your career secure presentation august 2013Fernando Herrera
As you get older, you get slower, uglier and more expensive. As your work rate goes down and your cost goes up, you must compensate by expanding your skills and adding more value to the organization. Whether you are starting out on a career in IT or on the home stretch to exiting one, this paper looks at the threats to your career security and the strategies for ensuring you stay in one.
Don Tapscott's New Solutions for a Connected Planet - MaRS Global LeadershipMaRS Discovery District
In this new age of networked intelligence, collaborative communities are enhancing and even bypassing crumbling institutions. We are innovating the way our financial institutions and governments operate; how we educate our children; how the healthcare, newspaper, and energy industries serve their customers; how we care for our neighbourhoods; and even how we solve global problems.
From his latest book, (co-author Anthony D. Williams) Macrowikinomics: New Solutions for a Connected Planet, Don Tapscott presents groundbreaking innovations from every corner of the globe: how businesses, organizations and individuals alike are using mass collaboration to revolutionize not only the way we work, but how we live, learn, create and care for each other.
SR&ED: What you need to know about the changing landscape - MaRS Best PracticesMaRS Discovery District
The Scientific Research and Experimental Development (SR&ED) tax incentive program provides support in the form of tax credits to groups or individuals conducting scientific research or experimental development in Canada.
Some significant changes are on the way as a result of the last federal budget. See how these new rules could affect you!
[Note: This is a partial preview. To download this presentation, visit:
https://www.oeconsulting.com.sg/training-presentations]
Sustainability has become an increasingly critical topic as the world recognizes the need to protect our planet and its resources for future generations. Sustainability means meeting our current needs without compromising the ability of future generations to meet theirs. It involves long-term planning and consideration of the consequences of our actions. The goal is to create strategies that ensure the long-term viability of People, Planet, and Profit.
Leading companies such as Nike, Toyota, and Siemens are prioritizing sustainable innovation in their business models, setting an example for others to follow. In this Sustainability training presentation, you will learn key concepts, principles, and practices of sustainability applicable across industries. This training aims to create awareness and educate employees, senior executives, consultants, and other key stakeholders, including investors, policymakers, and supply chain partners, on the importance and implementation of sustainability.
LEARNING OBJECTIVES
1. Develop a comprehensive understanding of the fundamental principles and concepts that form the foundation of sustainability within corporate environments.
2. Explore the sustainability implementation model, focusing on effective measures and reporting strategies to track and communicate sustainability efforts.
3. Identify and define best practices and critical success factors essential for achieving sustainability goals within organizations.
CONTENTS
1. Introduction and Key Concepts of Sustainability
2. Principles and Practices of Sustainability
3. Measures and Reporting in Sustainability
4. Sustainability Implementation & Best Practices
To download the complete presentation, visit: https://www.oeconsulting.com.sg/training-presentations
RMD24 | Retail media: hoe zet je dit in als je geen AH of Unilever bent? Heid...BBPMedia1
Grote partijen zijn al een tijdje onderweg met retail media. Ondertussen worden in dit domein ook de kansen zichtbaar voor andere spelers in de markt. Maar met die kansen ontstaan ook vragen: Zelf retail media worden of erop adverteren? In welke fase van de funnel past het en hoe integreer je het in een mediaplan? Wat is nu precies het verschil met marketplaces en Programmatic ads? In dit half uur beslechten we de dilemma's en krijg je antwoorden op wanneer het voor jou tijd is om de volgende stap te zetten.
Falcon stands out as a top-tier P2P Invoice Discounting platform in India, bridging esteemed blue-chip companies and eager investors. Our goal is to transform the investment landscape in India by establishing a comprehensive destination for borrowers and investors with diverse profiles and needs, all while minimizing risk. What sets Falcon apart is the elimination of intermediaries such as commercial banks and depository institutions, allowing investors to enjoy higher yields.
Unveiling the Secrets How Does Generative AI Work.pdfSam H
At its core, generative artificial intelligence relies on the concept of generative models, which serve as engines that churn out entirely new data resembling their training data. It is like a sculptor who has studied so many forms found in nature and then uses this knowledge to create sculptures from his imagination that have never been seen before anywhere else. If taken to cyberspace, gans work almost the same way.
Premium MEAN Stack Development Solutions for Modern BusinessesSynapseIndia
Stay ahead of the curve with our premium MEAN Stack Development Solutions. Our expert developers utilize MongoDB, Express.js, AngularJS, and Node.js to create modern and responsive web applications. Trust us for cutting-edge solutions that drive your business growth and success.
Know more: https://www.synapseindia.com/technology/mean-stack-development-company.html
Implicitly or explicitly all competing businesses employ a strategy to select a mix
of marketing resources. Formulating such competitive strategies fundamentally
involves recognizing relationships between elements of the marketing mix (e.g.,
price and product quality), as well as assessing competitive and market conditions
(i.e., industry structure in the language of economics).
Cracking the Workplace Discipline Code Main.pptxWorkforce Group
Cultivating and maintaining discipline within teams is a critical differentiator for successful organisations.
Forward-thinking leaders and business managers understand the impact that discipline has on organisational success. A disciplined workforce operates with clarity, focus, and a shared understanding of expectations, ultimately driving better results, optimising productivity, and facilitating seamless collaboration.
Although discipline is not a one-size-fits-all approach, it can help create a work environment that encourages personal growth and accountability rather than solely relying on punitive measures.
In this deck, you will learn the significance of workplace discipline for organisational success. You’ll also learn
• Four (4) workplace discipline methods you should consider
• The best and most practical approach to implementing workplace discipline.
• Three (3) key tips to maintain a disciplined workplace.
Business Valuation Principles for EntrepreneursBen Wann
This insightful presentation is designed to equip entrepreneurs with the essential knowledge and tools needed to accurately value their businesses. Understanding business valuation is crucial for making informed decisions, whether you're seeking investment, planning to sell, or simply want to gauge your company's worth.
Discover the innovative and creative projects that highlight my journey throu...dylandmeas
Discover the innovative and creative projects that highlight my journey through Full Sail University. Below, you’ll find a collection of my work showcasing my skills and expertise in digital marketing, event planning, and media production.
Enterprise Excellence is Inclusive Excellence.pdfKaiNexus
Enterprise excellence and inclusive excellence are closely linked, and real-world challenges have shown that both are essential to the success of any organization. To achieve enterprise excellence, organizations must focus on improving their operations and processes while creating an inclusive environment that engages everyone. In this interactive session, the facilitator will highlight commonly established business practices and how they limit our ability to engage everyone every day. More importantly, though, participants will likely gain increased awareness of what we can do differently to maximize enterprise excellence through deliberate inclusion.
What is Enterprise Excellence?
Enterprise Excellence is a holistic approach that's aimed at achieving world-class performance across all aspects of the organization.
What might I learn?
A way to engage all in creating Inclusive Excellence. Lessons from the US military and their parallels to the story of Harry Potter. How belt systems and CI teams can destroy inclusive practices. How leadership language invites people to the party. There are three things leaders can do to engage everyone every day: maximizing psychological safety to create environments where folks learn, contribute, and challenge the status quo.
Who might benefit? Anyone and everyone leading folks from the shop floor to top floor.
Dr. William Harvey is a seasoned Operations Leader with extensive experience in chemical processing, manufacturing, and operations management. At Michelman, he currently oversees multiple sites, leading teams in strategic planning and coaching/practicing continuous improvement. William is set to start his eighth year of teaching at the University of Cincinnati where he teaches marketing, finance, and management. William holds various certifications in change management, quality, leadership, operational excellence, team building, and DiSC, among others.
Skye Residences | Extended Stay Residences Near Toronto Airportmarketingjdass
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The world of search engine optimization (SEO) is buzzing with discussions after Google confirmed that around 2,500 leaked internal documents related to its Search feature are indeed authentic. The revelation has sparked significant concerns within the SEO community. The leaked documents were initially reported by SEO experts Rand Fishkin and Mike King, igniting widespread analysis and discourse. For More Info:- https://news.arihantwebtech.com/search-disrupted-googles-leaked-documents-rock-the-seo-world/
3. Last Year @ MARS
— Waiting room app
¡ Problem
÷ Patients waste time waiting for doctors, dentists, etc
¡ Solution
÷ Mobile
device app that enables patients to sign in when they arrive
and then receive notification when they are on deck so they can go
elsewhere while they wait rather than sit in the waiting room
¡ Challenges
÷ Docs need to install system in their office, train staff
÷ Patients need to download app
¡ Who pays
÷ Patient? Doctor? Province? Insurance firm? Patient’s employer?
4. What is a Business Model?
— Value Proposition
¡ How the venture creates value
— Business Model
¡ How the venture appropriates value (i.e., “makes money”)
5. Types of Business Models
— Sell a product (e.g., RIM)
— License the idea, licensee will manufacture and sell the product (e.g.,
biotech)
— Sell a service (e.g., Surveymonkey)
— Give away (or heavily subsidize) a product or service
¡ Sell to third parties (e.g., newspapers, TV, discount travel)
¡ Sell complementary products (e.g., razors/blades, content/phones/phone
plans, consoles/games)
— Transaction fee (e.g., eBay)
6. Three University Start-Up Examples
— Motion Metrics
¡ Robotics for open pit mining
— D-Wave
¡ Commercial quantum computer
— Winston
¡ Mobile app for limo service
8. Motion Metrics
— Problem
¡ Broken teeth from excavators damage crusher
— Solution
¡ Vision system mounted on excavator alerts cab operator when
tooth is suddenly missing
— Business Model
¡ Sell product to mine, sell product to OEM, license technology
to someone else to manufacture and sell
9.
10.
11. D-Wave (founded 1999)
— Problem (?)
— Solution
¡ Powerful
÷ Vastly speeds up computation
¡ Efficient
÷ Eliminates many energy consumption problems found with current processors; energy profile
doesn't change as our computers get bigger; processors with 1000x the computing power can be
created with very little increase in power consumption. Breaking the link between energy
consumption and computing power is a revolutionary prospect in high-performance computing
¡ Intelligent
÷ Processors are architected to be highly effective at learning, rather than simply running
complex arithmetic operations like a conventional electronic circuit. By building computers in
this way, they are able to perform tasks that we find it difficult to imagine computers
undertaking - like creating art, learning to recognize faces, and writing news stories
— Business Model
¡ Sell computers, license technology for others to manufacture, sell service
12. D/+-4 GK9<$G/*9L93$M9K9<N9/*9L93O*)(:9.N8()*).()N+9P
:+4 %9&/$69**&'$MK19&/0O/:9&3N+):P
From: Haig Farris [mailto:jhaigf@gmail.com]
Sent: Sunday, October 30, 2011 3:53 PM
To: Toope, Stephen; Farrar, David; Hepburn, John; Faculty of Science, Dean; Muzyka, Daniel; Kuipers, Anton;
Anne Condon; Doug Bonn; Alejandro Adem; Bill Levine; Granot, Frieda
Cc: Philip Stamp; George Sawatzky; Doug Oldenburg; Eldad Haber
Subject: Historic Opening of the World's First Quantum Computing Centre
All
Oct 28 2011 was a historic and thrilling moment for D-Wave, its staff, board and shareholders.
These few pictures are to give you a flavour of the event. My only regret was that there was no one
there representing UBC to see how many of their graduates, led by Dr. Geordie Rose, are changing
the world and are so recognized by leading business and academic figures.
Those that attended on behalf of D-Wave were amazed and thrilled at the effort, vision, commitment
and enthusiasm that USC and Lockheed demonstrated by the high level representatives of each
organization and what they said.
In addition to buying D-Wave One, USC and Lockheed have built an impressive facility to house the
machine and organized a raft of programs, research and educational approaches to generate new
solutions to previously intractable problems.
The center director is a high energy person determined to keep USC in the forefront of quantum
computing. Dr. Daniel Lidar, one of USC's leading lights in QC, has identified many areas of
research and potential industrial collaborations and is hard at work implementing same.
For its part Lockheed has many projects planned for the machine including software verification
which is a huge issue for fly by wire machines that fly, float, walk, talk etc.
We were very pleased that The Consul General of Canada attended and as he has a background with
quantum computing efforts at Waterloo, his interest will translate into effective communication to the
Canadian government of the significance of this event
Geordie Rose was a rock star both in his presentations to the official gathering and the seminars he
gave to scientists and researchers following the ceremony. He won everybody's heart for his passion,
commitment and vision. There were even a few people seen wiping a tear or two away during his
remarks at the ribbon cutting. Vern Brownell, our CEO, did a masterful job networking with the key
players. D-Wave is on the map.
To top off the week, at the D-Wave board meeting the previous day, we learned of one of the most
significant advances our scientists have developed in making the machine useable by your
grandmother. Up to this point the programming of the machine has been extremely complex and
would be a hurdle to rapid deployment of the machine to customers not awash in physicists and
13. commitment and vision. There were even a few people seen wiping a tear or two away during his
remarks at the ribbon cutting. Vern Brownell, our CEO, did a masterful job networking with the key
players. D-Wave is on the map.
To top off the week, at the D-Wave board meeting the previous day, we learned of one of the most
significant advances our scientists have developed in making the machine useable by your
grandmother. Up to this point the programming of the machine has been extremely complex and
would be a hurdle to rapid deployment of the machine to customers not awash in physicists and
mathematicians.
Bill MacReady and his team have developed a high level "basic" language that allows users to
program the machine without using machine language. From a commercial point of view this is a
huge step forward.
All in all, it was two days for the ages.
Hopefully we can find away to have this capability at UBC.
Cheers ;&<")0)+=)00
Haig
15. USC QC CENTER RIBBON CUTTING VERN BROWNELL, USC DEAN RAY JOHNSON (LOCKHEED CTO)
USC PLANNED USE OF DWAVE MACHINE
16.
17. Winston
— Problem
¡ Limo arrivals unreliable
¡ Hassle making payment at end of ride
¡ Hassle keeping receipts
¡ Expense fraud
— Solution
¡ Mobile app to order limo with one touch
¡ Track location of limo en route
¡ Track location of pick up and drop off for employer
¡ Manage receipts
— Business model
¡ Sell to limo companies? Passengers? Passenger employers? Other (e.g., American
Express)?
¡ Two-sided market problem (drivers not interested without many passengers,
passengers not interested without many drivers)
÷ Sell corporate accounts to scale quickly (focus on fraud; convenience a perk)
18. Factors to Consider
1. Relative benefit/cost for each party
2. Risk profile for each party
3. Sales cycle/costs
4. Bargaining power
1. Market structure
2. IP
5. Complementary assets
6. Two-sided market problem?
7. Network effects problem?
19. Thought Experiment
— Challenge
¡ Top business schools charge approximately $90,000 tuition
¡ Cost to students is tuition plus two years of lost income
¡ This fee schedule is particularly challenging for entrepreneurs
÷ Cash poor for at least the first few years
÷ Outcomes are highly skewed (many never earn much, a few do very well)
¡ Many business schools are charged with offering little meaningful
support to students after they graduate and have their first job
— What if a business school charged zero tuition up front, but
instead collected tuition as a small percentage of future
income?
20. Seems Impossible
— Difficulties
¡ Monitoring income is difficult and costly
¡ Select on students who have expectations of low future income
¡ Cash flow challenges for school (pay now, collect later)
— But
¡ Aligns incentives; now b-school really cares about the earnings
of each graduate for their entire career
21. Already Happening?
— Y-Combinator
¡ Entrepreneurs give 6-7% equity in their ventures in return for:
÷ Approximately $20k
÷ Coaching
÷ Services
÷ Networking
÷ Signal (status)
÷ Access to investors, partners, etc.
¡ Three months, highly applied, Demo Day at the end
— More competitive to gain entrance than Harvard Business School
— Average value of (210) companies they funded = $22m