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Democratization of
 Entrepreneurship

    Bipul Sinha
    @bipulsinha
The Changing Landscape


  Emergence of infrastructure-as-a-service platforms
  Deep domain experience not a pre-requisite
  Advent of a new class of seed investors
  Disruptive distribution channels
  Iterative product-market fit experiments
  Multitude of early exit opportunities
An Age of Acceleration




                                                           A - New capability
                                                           B – Integration
                                                           C – Limits
                                                           D – Decline




        Source: Tom McKendree's 1994 Singularity diagram
Platforms


   2B global internet users
   670MM global mobile 3G subscribers and growing fast
   Apple: iPhone/iTouch/iPad 120MM+ users
   Facebook: 600MM+ users
   Twitter: 200MM+ users
   Foursquare/Instagram/Pulse: several million users


  Source: Morgan Stanley Research, International Telecommunication Union, Informa WCIS+,
  Facebook, Apple, Google.
Opportunities


   USA: eCommerce ~5% of the total retail
   USA: Time spent online = 28%; online ad spend = 13%
   Mobile devices: real-time connectivity 24X7
   Open social graph
   Integration of the offline commerce into the Internet
   economy
   Technology driven online media transactions

  Source: US Dept. of Commerce, Morgan Stanley Research, Yahoo! 2010 analyst day.
2011 Internet/Media
   Focus Areas
Social Utilities

   Online businesses built on social graph
   Leverage social distribution to reach scale
   Focus on reduced cost of transaction
   Emotional resonance for users
   Value for all [active/passive] participants
   Travel, commerce, dating, classifieds, recruiting….
Discovery Traffic

   Google aggregates intent
   Social platforms aggregate discovery/awareness
   Discovery traffic represents deferred monetization
   High growth in the near term
   Leverage engaged followings and connections
   News, games, deals, social feeds…..
eCommerce

  Utility -> Fun
  Mall experience: social, discovery, impulse, sharing,
  recommendation, and emotional
  Treasure hunt: bimodal consumer behavior
  Big brands to consumer direct
  Verticalization: shoes, jewelry, make-up, dresses….
  Crowd focused, fully distributed online-offline
Localization

   Location based discovery
   Local experience sharing
   Marketplace, flash mobs, intent, augmented experience
   Foot traffic pattern mapping
   Discounts, offers, demand signaling, geo-fencing
   Next generation location-gamification, traffic aggregation
Premium Content

  Search/discover streaming web content
  Discover TV content
  Socialization of TV experience
  Contextual augmentation
  Video advertisements
  Lean-back content consumption on tablets
Thank you

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Internet investment status & opportunities

  • 1. Democratization of Entrepreneurship Bipul Sinha @bipulsinha
  • 2. The Changing Landscape Emergence of infrastructure-as-a-service platforms Deep domain experience not a pre-requisite Advent of a new class of seed investors Disruptive distribution channels Iterative product-market fit experiments Multitude of early exit opportunities
  • 3. An Age of Acceleration A - New capability B – Integration C – Limits D – Decline Source: Tom McKendree's 1994 Singularity diagram
  • 4. Platforms 2B global internet users 670MM global mobile 3G subscribers and growing fast Apple: iPhone/iTouch/iPad 120MM+ users Facebook: 600MM+ users Twitter: 200MM+ users Foursquare/Instagram/Pulse: several million users Source: Morgan Stanley Research, International Telecommunication Union, Informa WCIS+, Facebook, Apple, Google.
  • 5. Opportunities USA: eCommerce ~5% of the total retail USA: Time spent online = 28%; online ad spend = 13% Mobile devices: real-time connectivity 24X7 Open social graph Integration of the offline commerce into the Internet economy Technology driven online media transactions Source: US Dept. of Commerce, Morgan Stanley Research, Yahoo! 2010 analyst day.
  • 6. 2011 Internet/Media Focus Areas
  • 7. Social Utilities Online businesses built on social graph Leverage social distribution to reach scale Focus on reduced cost of transaction Emotional resonance for users Value for all [active/passive] participants Travel, commerce, dating, classifieds, recruiting….
  • 8. Discovery Traffic Google aggregates intent Social platforms aggregate discovery/awareness Discovery traffic represents deferred monetization High growth in the near term Leverage engaged followings and connections News, games, deals, social feeds…..
  • 9. eCommerce Utility -> Fun Mall experience: social, discovery, impulse, sharing, recommendation, and emotional Treasure hunt: bimodal consumer behavior Big brands to consumer direct Verticalization: shoes, jewelry, make-up, dresses…. Crowd focused, fully distributed online-offline
  • 10. Localization Location based discovery Local experience sharing Marketplace, flash mobs, intent, augmented experience Foot traffic pattern mapping Discounts, offers, demand signaling, geo-fencing Next generation location-gamification, traffic aggregation
  • 11. Premium Content Search/discover streaming web content Discover TV content Socialization of TV experience Contextual augmentation Video advertisements Lean-back content consumption on tablets