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21 22 NOVEMBER€¦ · LACK OF VENTURE CAPITAL NON-NORDIC TOP FUNDS WHO INVESTED IN THE NORDICS...
Transcript of 21 22 NOVEMBER€¦ · LACK OF VENTURE CAPITAL NON-NORDIC TOP FUNDS WHO INVESTED IN THE NORDICS...
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1
21 – 22 NOVEMBER
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WE BELIEVE THAT ENTREPRENEURSHIP IS ONE OF THE MOST EFFICIENT WAYS OF CHANGING THE
WORLD.
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Therefore, we aim to
1) Help founders2) Create more founders3) Inspire founders to tackle meaningful problems
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World’s leading startup and technology event brings together founders and tech talent to meet with top-tier international
investors, executives, and media.
Slush is a not-for-profit event organized by a community of entrepreneurs, investors, and students.
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Attendee
Startup
Volunteer
InvestorMedia Speaker
+ 130 COUNTRIES
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Apart from the main event in Helsinki, other major Slush events are organized by local communities in Japan and China. All events gather around 50,000 people from their local communities and the surrounding region.
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HOW DID WE GET HERE?
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2008
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
ORIGINAL PROBLEMS IDENTIFIED
Attitude & Culture towards entrepreneurship
Knowledge, skills & passion
Lack of international venture capital
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ORIGINAL GOALS OF SLUSH
Building a radically positive culture of entrepreneurship
Profiling the Nordics as one of the major tech hubs globally and creating talent to build scalable businesses
Making venture capital more accessible
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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ENTER: YEARS OF SCALING2011-2018
ATTENDEES
500
20,000
STARTUPS
100
3,200
INVESTORS
40
1,800
Students took over organizing Slush.
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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WHERE HAS THAT GOT US?
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1. ATTITUDE & CULTURE
1
%
40%
Sources: ETLA, TAT
FINLAND
2000 2017
FINNISH HIGH SCHOOL – UNIVERSITY STUDENTS: I WOULD LIKE TO START A COMPANY
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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2. KNOWLEDGE & SKILLSA SELECTION OF COMPANIES FOUNDED BY SLUSH & AALTOES ALUMNI OTHER SPIN-OFFS
Slush Shanghai, Singapore, TokyoSlush Y Education, Slush Y Science etcSlush AcademySlush MediaSlush Research
BOOKS!
FINLAND
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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40150
235
744 777
1134
1584
1800
2011 2012 2013 2014 2015 2016 2017 2018
INVESTORS AT SLUSH
3. LACK OF VENTURE CAPITAL
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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INVESTMENTS INTO FINNISH STARTUPS HAVE GROWN 5X AND GRADE WELL EUROPE-WIDE
Source: FVCA
3. LACK OF VENTURE CAPITAL
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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LACK OF VENTURE CAPITALSource: Nordics.vc
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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LACK OF VENTURE CAPITALSource: Nordics.vc
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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LACK OF VENTURE CAPITALNON-NORDIC TOP FUNDS WHO INVESTED IN THE NORDICS SINCE 2011
Source: Pitchbook, Crunchbase
Sequoia CapitalNew Enterprise AssociatesIntel CapitalAccelSOSVKleiner Perkins Caufield & ByersRight Side Capital ManagementBessemer Venture PartnersDFJIndex VenturesGoldman SachsGreylock PartnersAndreessen Horowitz
Khosla VenturesBattery VentureGVAtlas VentureHigh-Tech GründerfondsKima VenturesRRE VenturesTrue VenturesGreycroftLerer HippeauFounders FundBDC Venture CapitalFelicis Ventures
FundersClubInternet Initiatives DevelopmentFund (IIDF)Data CollectiveInsight Venture PartnersPartechVersant VenturesSeedcampComcast VenturesDreamite.venturesIVP (Institutional Venture Partners)Balderton Capital
CrunchFundBusiness Growth FundDraper AssociatesSofinnova VenturesGlobal Founders CapitalEight Roads VenturesSofinnova PartnersLocalGlobe83NorthWellington PartnersNovartis Venture FundEarlybird Venture Capital
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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2019
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WHAT REMAINS TO BE SOLVED?3 Problems:1. Attitude & culture towards entrepreneurship2. Knowledge, skills & passion3. Lack of international venture capital
3 Goals:1. Building a radically positive culture of entrepreneurship2. Profiling the Nordics as one of the major tech hubs globally and creating
the talent to build scalable businesses3. Making venture capital more accessible
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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The availability of skilled talent for rapidly growing teams
Access to advice, particularly for later stage ventures
A culture of entrepreneurship that attracts a more diverse group of people
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ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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The availability of skilled talent for rapidly growing teams
25 000 ATTEENDEES INTO TECH
MATCHMAKING RECRUITING
FEATURE
FOCUSED SIDE-EVENTS
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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Access to advice, particularly for later stage ventures
STAGE PROGRAM, OUR OWN
MEDIA
+ ALL SPEAKERS GIVE 1 HOUR
OF THEIR TIME FOR
MENTORING FOUNDERS
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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A culture of entrepreneurship that attracts a more diverse group of people
CREATING DIFFERENT ROLE
MODELS
THROUGH STAGE PROGRAM &
OUR OWN MEDIA
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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PRESENT MOMENT:
WE HAVE A NEW SHIFT HAPPENING,
WHICH WE WANT TO DRIVE
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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COMPANIES MUST CONSIDER THEIR TOTAL IMPACT
A shift from shareholder thinking to stakeholder thinking is happening
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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C o n t i n u i n g t o “ b o o s t ” e n t r e p r e n e u r s h i p
+
S h a p i n g t h e p e r c e i v e d c o m p a n y i d e a l
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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We want to see a world where building world-changing companies is attractive, cool and the resources are easily
available.
ROOTS | PAST GOALS & PROGRESS | NOW | FUTURE
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To have significantly higher chances of solving some of the most difficult challenges of our time, we need to
1) Help founders2) Create more founders3) Inspire founders to tackle meaningful problems
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38
21 – 22 NOVEMBERFOR MORE INFORMATION
Tommi BergströmHead of Research