|1. |2 |3 |4 SKAI Rocket Foundation |5 What Was The Average Age of The Team of Engineers That Built...
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Transcript of |1. |2 |3 |4 SKAI Rocket Foundation |5 What Was The Average Age of The Team of Engineers That Built...
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SKAI Rocket Foundation
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What Was The Average Age of The Team of Engineers That Built The Apollo Program…?
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There is Power And Boldness in Youth
Betting on young innovators…to create the American Idol for technology entrepreneurs
• Founded in 1975• $216B valuation• 90,000 staff• B. Gates• P. Allen
• Founded in 1976• $350B valuation• 50,000 staff• S. Jobs • S. Wozniak
• Founded in 1998• $170B valuation• 30,000 staff• S. Brin • L. Page
• Founded in 2004• $80B valuation• 2,000 staff• M. Zuckerberg
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Why Software and Green Tech?Software is “eating the world” - Wall Street Journal, 8.20. 2011
World’s Largest Book Store?
Largest RecruitmentCompany?
World’s Largest Ad Agency?
Largest Telecom Company?
World’s Best Production Company?
Largest U.S. Technology Company?
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Two of The Best Models in America
• Upto $18K in seed funding provided• No more than 12 start-up slots• Offices in NY, Boulder, Boston, Seattle• Open access to program organizers• Smaller alumni network• Funded 69 startups
• $18k average investment, up to $150K• Large number startup slots > 40• Located in Silicon Valley• Restricted hours for mentoring• Large alumni network• Funded over 300 startups
TechStars and Y-Combinator are successful models to help entrepreneurs do startups
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Techstars - Track RecordClass # Companies # Funded # Employees Active Failed Acquired
2007 10 7 68 3 2 5
2008 10 6 82 8 1 1
2009 19 10 116 15 2 2
2010 30 19 132 29 1 0
2011 11 7 47 11 0 0
80 49 445 66 6 8
80 companies started, 445 jobs created, 66 active companies with 8 acquisitions over 5 years
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• The World Cup for entrepreneurs• Create an exciting annual legacy event• Draw the world’s best and brightest to Hawaii • Bring money and talents together• Inspire the young• Advance America’s global leadership in in in in
in innovation
SKAI Rocket
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The World CupFor Entrepreneurs!