Dec 5, 2018 Pauliina Alanen
The difference between VCs and entrepreneurs is that VCs have the portfolio, but entrepreneurs create all the value and take all the risk. Bangash brought up an interesting thought: look at Elon Musk, a serial entrepreneur building multiple companies at once. Today, an entrepreneur could have a portfolio (many companies, many products) because the price of starting a company has come down. As the cost of features have come down, the cost of products has come down.
These days LPs can also go directly to the entrepreneur as a very early investing model. In the Valley the phenomena is called Venture studio. These studios take a larger role in founding the company than a typical VC, which invests in an already existing startup. Venture studios are like co-founders that provide necessary services and expertise to guide to startup into a successful business.
Just like Amazon, LPs need to run experiments, obviously hoping that some of these experiments would lead to exponential returns. Experiments can include things like leveraging new technology. According to Bangash, funds are partnering with API companies that provide the tech stack to startups, ranging from Twilio, Stripe, Google to AWS and more. These APIs are the delivery mechanism for the training data, that the startups need to build their own machine learning.
What do funds like Y Combinator (YC) and Entrepreneur First have in common? The network effects they offer. Bangash shared a story of an entrepreneur who – after having raised money from one of the top three VCs in the world – still wanted to go to YC. Why? Because YC has two thousand companies and those would be her first customers.
As VCs are raising more and more money and making bigger investments at all stages (seed, series A, B, C etc.) , one thing will remain the same: it’s always a great time to be entrepreneur. In good times, you can raise a lot of money, in bad times, there’s a lot of talent available. At least if you ask these guys.
There has been growing interest in investing in emerging markets, especially in Southeast Asia. Our speakers, Kay-Mok Ku (Gobi), Soo Boon Koh (I-Globe), Kaspar Hadiyat (Koro Partners) were joined by Jorel Chan, who is the head of Investment Operations for Slush. Their discussion ranged from: personal insights, their experiences, as well as how Southeast Asia has […]
I am my Rival who Drives me Chika Terada, the co-founder and CEO of Sansan kicked off his speech proposing to disclose his own stories. Last year, he tried to come up with a profound lecture. But then he realized, he’s not in a position to lecture. This year, he told the audience that instead, […]
The day 1 at Dialogue Stage was a success. With having engaging speakers and the smooth-as-ever facilitation, some talks had really sought the core aspects of the entrepreneur mindset. Here, we will address three out of the seven dialogues. Cross Border Business Strategy: How to build your own brand in this society? Welcoming Techstars as […]
A dream isn’t something that is final, it’s something that should constantly be updated and thoroughly thought about with the aim to achieve it. Miku Hirano is the founder and CEO of Cinnamon, a company that is dedicated to “remove all unnecessary work from the world by using AI.” At a glance, Miku seems to […]
The winner of Slush Tokyo pitching contest has been announced – congrats, Clarity K.K.! Their matchmaking platform helps women who are returning to the realm of work after having kids. The work-life balance for women in Japan is a tricky issue, and Clarity K.K. tackles the challenges of traditional work arrangements by enabling women to identify the […]
Helen Tung, Emergent Tech advisor and MINERVA fellow at the EU, moderated the conversation between Takahiro Nakamura (Director and COO at ispace) and Kazuo Ishigame (Co-founder and COO at Infostellars) on how to make it in space. Welcome to the space age. These two will be your guides. Ispace aims to develop spacecraft technology to extend […]
Yat Siu is the founder and CEO of Outblaze , an award-winning digital services company specializing in things such as gaming, cloud, AI, and smartphone software. He sold Outblaze’s services to IBM ten years ago, pivoting the company to digital entertainment services. Siu is a bit of a tech legend, according to many: the online […]
Slush Tokyo 2019 Pitch Contest Semi-finalists Announced! It has been a great turn out at the Pitching Stage at this year’s Slush Tokyo. 40 contestants pitched in today’s contest. Not surprisingly, even greater ideas and concepts were presented in front of an eager and curious audience and judges. Contestants’ ideas and talks were diverse: from […]
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