What is your Startup Ecosystem OS? What is your cultural OS? Can you upgrade them? Talk given in New Delhi, Bangalore and Mumbai on January 2013 for the World Startup Report.

1. ECOSYSTEMS 101
Will your startup survive?
©
Bowei
Gai
India Edition | January 2013

3. Howdy!"
• 13
years
abroad
across
8
countries
• 9
years
self-­‐employed
• Work
with
early-­‐stage
startups
• Lots
of
7me
to
travel,
read
and
think

4. 13 Years Abroad"
• Japan
• Korea
• China
• Singapore
• Malaysia
• USA
• Germany
• France
I
spent
most
of
my
working
life
(11
years)
overseas,
especially
in
Japan,
China,
South
Korea
and
USA.
My
cultural
DNA
has
become
rather
complex.

5. Since 2003"
• Founder
of
+8*
|
Plus
Eight
Star

6. Since 2003"
• Founder
of
+8*
|
Plus
Eight
Star
• 150+
talks
in
conferences
• Quoted
in
many
media

7. hQp://ar7cles.economic7mes.india7mes.com/2013-­‐01-­‐09/news/36237631_1_start-­‐up-­‐
ecosystem-­‐china-­‐and-­‐india-­‐entrepreneurs

8. “Digital Naturalist”"
Evolu7on
in
Ecosystems
STARTUPS
are
DIGITAL
SPECIES

9. Mentor @ Startup Accelerators"
• 500
Startups
(US)
• Founder
Ins7tute
(Global)
• Chinaccelerator
(China)
• JFDI
(Singapore)
• Ye7Zen
(US)
• Gamma
Rebels
(Europe)

10. Angel Investor in Global Startups!
• Asia
– Gengo
(JP)
– TokyoOtakuMode
(JP)
– Cmune
(CN)
– TwitMusic
(PH)
– PayrollHero
(PH)
• RoW
– StoryPanda
(CA)
– YoGoMe
(MX)
– TenderTree
(US)
– CuriousHat
(US)
– Smart
Bites
(US)
Smart
Bites

11. Angel Investor in Global Startups!
• Asia
Funded
Funded
– Gengo
(JP)
– TokyoOtakuMode
(JP)
– Cmune
(CN)
Funded
– TwitMusic
(PH)
– PayrollHero
(PH)
Funded
• RoW
– StoryPanda
(CA)
– YoGoMe
(MX)
F unded
– TenderTree
(US)
– CuriousHat
(US)
– Smart
Bites
(US)
Funded
Smart
Bites

12. “A
billion
dollar
so2ware
tech
company
is
founded
every
3
months
in
USA”
–
Ron
Conway

13. >$1B Company"
1998
SolarWinds,
Netsuite,
VMware,
OpenTable,
Google,
RackSpace,
Paypal
1999
Zappos,
SurveyMonkey,
Opsware,
SalesForce,
ShuQerfly
2000
Netezza,
ArcSight,
ExactTarget,
BillMeLater,
Pandora,
TripAdvisor
2001
SuccessFactors,
GuideWire,
DealerTrack
2002
LinkedIn
2003
Glam
Media
2004
Palan7r,
Splunk,
Kayak,
Facebook,
Evernote,
Yelp
2005
Palo
Alto
Networks,
Box,
Etsy,
HomeAway,
YouTube,
Workday
2006
Millenial
Media,
TwiPer,
Demand
Media
2007
Nicira,
Gilt,
Tumblr,
Hulu,
Dropbox,
LivinSocial,
Zynga
2008
GitHub,
Airbnb,
Yammer,
Groupon,
Pinterest
2009
Square,
Storm8,
(Quora?),
(GetAround?)
2010
Fab,
Instagram,
(Stripe?)
2011?
2012?
2013?
hQp://blog.minming.net/post/35553963889/a-­‐billion-­‐dollar-­‐sokware-­‐tech-­‐company-­‐is-­‐founded-­‐every

14. Around the world"
• China
Tencent,
Baidu,
Alibaba.com,
Shanda,
Giant
Interac7ve,
Vancl,
360Buy,
Sina,
Sohu,
Youku
Tudou,
Netease
NetDragon,
KingSok,
Ctrip…
2013
PotenWal
:
Alibaba
Group,
360Buy,
Sogou,
Qunar,
Vancl,
UCWeb,
Cloudary,
Dianping,
Xunlei
• Japan
Rakuten,
Sokbank,
DeNA,
GREE,
CyberAgent,
Kakaku.com
• Korea
NHN,
Nexon
• W.Europe
Skype,
Spo7fy,
Rovio
(Angry
Birds),
VentePrivee
• Russia
Yandex,
Mail.ru
• Brazil
MercadoLivre,
Peixe
Urbano
Source:
@benjaminjoffe

15. India?"
• MakeMyTrip
– IPO
in
Aug
2010
(first
Indian
in
4
years)
– 550M
Market
Cap
(Jan
2013)
– ~50%
share
of
$1B
online
bookings
– Higher
mul7ple
than
Expedia
• Flipkart
valued
at
~$800m
– Series
D
at
$150m
(Aug
2012)
– By
MIH/NASPERS
+
Family
offices
• 800
startups
funded
in
2012?
India:
Punching
below
its
weight?

16. Ecosystem OS"

17. More Details on Ecosystem 101"
hQp://techcrunch.com/2012/09/01/ecosystem-­‐101-­‐the-­‐six-­‐necessary-­‐categories-­‐to-­‐build-­‐the-­‐next-­‐silicon-­‐valley/

18. Ecosystem OS"
1.
Market

19. Ecosystem OS"
1.
Market
2.
Capital

20. Ecosystem OS"
1.
Market
2.
Capital
3.
People

21. Ecosystem OS"
1.
Market
2.
Capital
3.
People
4.
Entr.
Culture

22. Ecosystem OS"
1.
Market
2.
Capital
3.
People
4.
Entr.
Culture
5.
Infrastructure

23. Ecosystem OS"
1.
Market
2.
Capital
3.
People
4.
Entr.
Culture
5.
Infrastructure
6.
RegulaWons

24. USA"
Source:
@benjaminjoffe

25. China"
MARKET
4
3
REGULATIONS
2
CAPITAL
1
0
INFRA
PEOPLE
CULTURE
Source:
@benjaminjoffe

26. India?"
MARKET
4
3
REGULATIONS
2
CAPITAL
1
0
INFRA
PEOPLE
CULTURE

27. Cultural OS"

28. Your Culture = Your OS"

29. Your Culture = Your OS"
"Culture
is
for
the
convenience
of
culture,
not
you.”
-­‐
Terence
McKenna

30. Your Culture = Your OS"
• Default
Install
– Country
– Family
– School
– Work
– Early
friends

31. Your Culture = Your OS"
• Default
Install
• Updates
– Country
– Readings
– Family
– People
– School
– Travels
– Work
– Experiences
– Early
friends

32. Cultural OS"

33. Cultural OS"
1.
Career/Success/Money

34. Cultural OS"
1.
Money
2.
Family

35. Cultural OS"
1.
Money
2.
Family
3.
Society

36. Cultural OS"
1.
Money
2.
Family
3.
Society
4.
“Culture”
(lit.
music,
arts…)

37. Cultural OS"
1.
Money
2.
Family
3.
Society
4.
“Culture”
(lit.
music,
arts…)
5.
Spirituality
/
Religion

38. Cultural OS"
1.
Money
2.
Family
3.
Society
4.
“Culture”
(lit.
music,
arts…)
5.
Spirituality
/
Religion
6.
Appearance

40. France’s Cultural OS"
MONEY
3
2
APPEARANCE
FAMILY
1
0
SPIRITUALITY
SOCIAL
LINK
CULTURE

42. USA’s Cultural OS"
MONEY
3
2
APPEARANCE
FAMILY
1
0
SPIRITUALITY
SOCIAL
LINK
CULTURE

44. Your OS?"
MONEY
3
2
APPEARANCE
FAMILY
1
0
SPIRITUALITY
SOCIAL
LINK
CULTURE

45. Parting Advice for Entrepreneurs"
1. Do
side
projects
2. Help
each
other
3. Always
be
pitching
4. Promote
entrepreneurs
5. Keep
it
real

46. Thank You!
©
Bowei
Gai
benjamin@plus8star.com | @benjaminjoffe
http://www.slideshare.com/plus8star