Raising Urbantech Unicorns

Post on 17-Jul-2015

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Transcript of Raising Urbantech Unicorns

RAISING URBANTECH UNICORNSHow to help startups re-imagine the future of cities

bit.ly/UUnicorns

1. Cities & Tech2. Tech & Unicorns3. Our 2 Days Together

2019 Los Angeles as envisioned in 1982

The first signs of new tech

A reminder of persistent city problems

What gets right

+ Climate change+ Complex tech policy+ Economic opportunity+ Homelessness+ Law enforcement+ Mobility

What gets wrong

+ Polaroid+ Atari + Bell Phones (now ATT)+ RCA (now part of GE)+ No Internet+ No Smartphones

The real insight about tech

The changing tech landscape (1980 to 2015)

Unicorns will bring more change to Urbantech

Changing how we move around cities. Still private. Valued at $40b at 6 Years Old.

Reduce heating & cooling costs over 10%. Acquired by Google for $3.2b at 4 Years Old.

Standard for navigating traffic. Acquired by Google 2013 for $1.3b at 5 Years Old.

Data analysis for clients including local government. Valued at $15b at 10 Years Old.

B2B

B2G

B2C

Where might we find the next Urbantech Unicorns?

REV

ENU

ES

Seed Stage

Early Stage

Late Stage IPO

TIME< Valley of Death

First they must escape the Valley of Death

What is different for Urbantech Unicorns?

+ Selling to government+ Regulatory environment+ Partnerships+ Larger capital requirements+ “Old” problem domains+ Accepted wisdom about all of the above

It takes a village to raise an Urbantech Unicorn

It takes a village to raise an Urbantech Unicorn

Today:Visit the future

Tomorrow: Revisit accepted wisdom

+ Selling to government+ Regulatory environment+ Partnerships+ Larger capital requirements+ “Old” problem domains+ TBD

Later: Stay in touch. Share what you learn. Raise an Urbantech Unicorn.

LET’S UNCONFERENCE!