The presentation that I made at the Royal Mint Cabinet in Stockholm, Sweden together with my son TG who spoke about his crowdfunding platform, Aleepa, as an example of what a young entrepreneur can do today.
9. People
• “Net generation”
• 24x7 “mobile” workforce
• Knowledge via MOOCs
• Sharing not consuming
• Sustainability
Technology
• Broadband access
• The Cloud
• Mobile phones
• Internet of Things
• Big Data
• 3D printing
• Robotics/AI
• VR/AR
Open Source
• Software
• Hardware
• Physibles
Convergence of…..
Finance
• Microlending/microfinance
• Crowdfunding/equity/P2P
• Non-fiat cryptocurrencies
• Mobile money/payments
10.
11. History tends to repeat itself….
Innovation, financial crisis, industrial revolution, …
Steam
engine
Internal
combustion
engine
Microelectronics
Late 18th C Late 19th C Late 20th C
Schön 2008
Third
industrial
revolution?
13. Increasing pace of change
From 1920s to 2010s
− Average lifespan of S&P 500 company fell from 67
years to 15 years
From 2000 to 2010
− 40% of companies on Fortune 500 list replaced
Predictions
− In next few years, 70% of Fortune 1000 companies to
be replaced
− By 2020, >75% of S&P 500 companies do not exist
today
− By 2025, >45% of Fortune 500 companies to be from
emerging markets
Fast Company, McKinsey & Inc
24. A 24x7 global workforce
Matchmakers: USD 1bln industry
25. No one knows everything,
everyone knows something,
all knowledge resides in humanity.networks.
Adapted from Lévy 1997
Six degrees of
separation
- Milgram, 1967
29. “Made in Africa” 3D printer (Togo)
Winner of International
Space Apps Challenge
http://www.engineering.com/3DPrinting/3DPrintingArticles/ArticleID/5712/E-Waste-3D-Printer-to-Mars.aspx
30. Young Entrepreneur Showcase
TG Teigland, b 1994
Trond.teigland@hhs.se
http://africancrowds.org/
Aleepa Crowdfunding Platform
for Sub-Saharan Entrepreneurs
To be launched summer 2015
40. From the mobility of goods
to the mobility of financial capital to …
Teigland, JVWR, 2010
...the “mobility” of labor?
41. What’s around the corner?
24x7 Global Internet Collaboration + Open Source + 3D Printing
http://mashable.com/2013/02/13/robohand/
$60,000
$150
Available for free
download on
Where is
the firm?
42. The Firm
The Community Platformvs
E.g., Microsoft
~ Created by employees within
organizational boundaries
E.g., Local Motors
~ Created by community
collaborators regardless of affiliation
Models of Value Creation
Teigland, Di Gangi, & Yetis 2012
43. Want to learn more?
Join our funnovation workshops
funnovation.se