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GOKUL ALEX, INFINITYLABS, UST GLOBAL
StartUp Economy
Ecosystems.
Economies of Scale.
Economies of Difference.
1
StartUp Ecosystem -
Dynamics
StartUp Ecosystem in India
StarUp Landscape in India
Key Success Measures of StartUp Ecosystems
Performance Access to Technology |
Access to Accelerators
Key Measures of Successful StartUp Ecosystems
Funding
Angel Investors |
Seed Funds |
Private Equities | Government
Funds
Key Measures of Successful StartUp Ecosystems
Market Reach Visibility | Connectivity | Agility |
Support Systems
Key Measures of Successful Startup Ecosystems
Talent
Universities |
Freelancers |
Research Hubs |
Meetups |
Key Measures of Successful StartUp Ecosystems
StartUp
Experience
Governance | Business Models
| Customer Experience |
Process Efficiency | Automation
Analysis of Similarities and Differences
Global Insights Across Cultures
Silicon Valley | Boston |
Chicago | New York
United States of
StartUps !
Five of the top startup ecosystems in the
world are in the U.S.
Business Models and Value Propositions
Differentiated
Ecosystems
Sydney, SaoPaulo and Moscow are the
startup ecosystems that are the most
differentiated from Silicon Valley in terms of
the types of startups being developed
Digital Disruptors
Digital Trends in
the Ecosystem
Sydney is the global capital of data driven
startups
Tel Aviv is the global capital of
Cybersecurity StartUps
Knowledge Driven Economies
Education and
Ecosystem
More than 96 percent of founders in Paris
has completed at least a masters degree
before starting a company
Predictive Economy
Risk Tolerance
and Ecosystem
Even though Singapore has a relatively
strong funding environment, the risk
tolerance of the founders there is the
lowest among the top 20 startup
ecosystems
Lorem Ipsum Dolor
Singapore
Dreams !
A Case Study of
20 years Success Story
Economic Convergence
Snapshot of
Startup Economy
In 2015, 220 funding deals took place in
Singapore. This number was up only 26 in
2010. The funding deals amount to USD
80.57 million in 2010 and a whopping USD
1.16 billion in 2015.
Economic Aggregations
Rising above the
global average
The Startup ecosystem in Singapore is
valued at USD 11 billion compared to the
global median of USD 4.1 billion
Economy of Scale
Ecosystem of
Scale
Between 2005 and 2013 the number of
startups in Singapore went from 24,000 to
42,000. Around 5,200 of them were tech
startups.
Demographic Dividend
Starting Early !
28 years is the median age of founders
based in Singapore, making them some of
the youngest in the world. By comparison,
the world median is 40 years old.
Inspired by Eric Ries
Scaling Up Best Practices
MVVVP
Reaching
Critical Mass
Minimum Viable Valuable
Validatable Prototype
Cross Functional Teams
Functional Ambassadors
Technology Adoption Lifecycle
Crossing the
Chasm
Between Visionary early adoption and
Pragmatic Mainstream acceptance
Scale Up Insights #1
❖ Identify the challenges faced by
pilot teams
❖ Implement a wide spread roll out
❖ Identify and make proper use of
executive level champions
❖ Train representatives of all
internal functions
❖ Establish an in-house coaching
program
❖ Set Up the mechanisms of
metered funding and growth
boards
Scale Up Insights #2
❖ Extend your trust circles
❖ Transform your leadership style
❖ Flatten the silos in your
organisation
❖ Create Consistent Feedback
loops
Scale Up Insights #3
❖ Get ready for experiments
❖ Lot of business rules need
changes
❖ Changes will be resisted
❖ Hiring strategies become a
challenge
❖ Geography dispersed teams
might lag behind
StartUp Ecosystem in Kerala
Starting Up in Kerala - Advantage
Layers
❖ Knowledge Economy
❖ Human Capital
❖ Network Society
❖ Welfare State Model
❖ Social Entrepreneurs
❖ Educational Infrastructure
❖ Research Organisations
❖ Healthcare Awareness
❖ Financial Awareness
❖ Telecom Penetration
StartingUp @Kerala -
Challenges
❖ Limited Private Accelerators
❖ Limited Technology
Accelerators
❖ Limited Domain Accelerators
❖ Disconnects in Academic
Engagement Models
❖ Limited Industry Academia
Partnerships
❖ Limited Investor Networks

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StartUp Economy Analysis - Ecosystem Perspective

  • 1. GOKUL ALEX, INFINITYLABS, UST GLOBAL StartUp Economy Ecosystems. Economies of Scale. Economies of Difference. 1
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  • 7. Key Success Measures of StartUp Ecosystems Performance Access to Technology | Access to Accelerators
  • 8. Key Measures of Successful StartUp Ecosystems Funding Angel Investors | Seed Funds | Private Equities | Government Funds
  • 9. Key Measures of Successful StartUp Ecosystems Market Reach Visibility | Connectivity | Agility | Support Systems
  • 10. Key Measures of Successful Startup Ecosystems Talent Universities | Freelancers | Research Hubs | Meetups |
  • 11. Key Measures of Successful StartUp Ecosystems StartUp Experience Governance | Business Models | Customer Experience | Process Efficiency | Automation
  • 12. Analysis of Similarities and Differences Global Insights Across Cultures
  • 13. Silicon Valley | Boston | Chicago | New York United States of StartUps ! Five of the top startup ecosystems in the world are in the U.S.
  • 14. Business Models and Value Propositions Differentiated Ecosystems Sydney, SaoPaulo and Moscow are the startup ecosystems that are the most differentiated from Silicon Valley in terms of the types of startups being developed
  • 15. Digital Disruptors Digital Trends in the Ecosystem Sydney is the global capital of data driven startups Tel Aviv is the global capital of Cybersecurity StartUps
  • 16. Knowledge Driven Economies Education and Ecosystem More than 96 percent of founders in Paris has completed at least a masters degree before starting a company
  • 17. Predictive Economy Risk Tolerance and Ecosystem Even though Singapore has a relatively strong funding environment, the risk tolerance of the founders there is the lowest among the top 20 startup ecosystems
  • 18. Lorem Ipsum Dolor Singapore Dreams ! A Case Study of 20 years Success Story
  • 19. Economic Convergence Snapshot of Startup Economy In 2015, 220 funding deals took place in Singapore. This number was up only 26 in 2010. The funding deals amount to USD 80.57 million in 2010 and a whopping USD 1.16 billion in 2015.
  • 20. Economic Aggregations Rising above the global average The Startup ecosystem in Singapore is valued at USD 11 billion compared to the global median of USD 4.1 billion
  • 21. Economy of Scale Ecosystem of Scale Between 2005 and 2013 the number of startups in Singapore went from 24,000 to 42,000. Around 5,200 of them were tech startups.
  • 22. Demographic Dividend Starting Early ! 28 years is the median age of founders based in Singapore, making them some of the youngest in the world. By comparison, the world median is 40 years old.
  • 23. Inspired by Eric Ries Scaling Up Best Practices
  • 24. MVVVP Reaching Critical Mass Minimum Viable Valuable Validatable Prototype Cross Functional Teams Functional Ambassadors
  • 25. Technology Adoption Lifecycle Crossing the Chasm Between Visionary early adoption and Pragmatic Mainstream acceptance
  • 26. Scale Up Insights #1 ❖ Identify the challenges faced by pilot teams ❖ Implement a wide spread roll out ❖ Identify and make proper use of executive level champions ❖ Train representatives of all internal functions ❖ Establish an in-house coaching program ❖ Set Up the mechanisms of metered funding and growth boards
  • 27. Scale Up Insights #2 ❖ Extend your trust circles ❖ Transform your leadership style ❖ Flatten the silos in your organisation ❖ Create Consistent Feedback loops
  • 28. Scale Up Insights #3 ❖ Get ready for experiments ❖ Lot of business rules need changes ❖ Changes will be resisted ❖ Hiring strategies become a challenge ❖ Geography dispersed teams might lag behind
  • 30. Starting Up in Kerala - Advantage Layers ❖ Knowledge Economy ❖ Human Capital ❖ Network Society ❖ Welfare State Model ❖ Social Entrepreneurs ❖ Educational Infrastructure ❖ Research Organisations ❖ Healthcare Awareness ❖ Financial Awareness ❖ Telecom Penetration
  • 31. StartingUp @Kerala - Challenges ❖ Limited Private Accelerators ❖ Limited Technology Accelerators ❖ Limited Domain Accelerators ❖ Disconnects in Academic Engagement Models ❖ Limited Industry Academia Partnerships ❖ Limited Investor Networks