Aneesh Chopra - TechStars Patriot Boot Camp Presentation
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Transcript of Aneesh Chopra - TechStars Patriot Boot Camp Presentation
Remarks to TechStarsPatriot Boot Camp
@Aneeshchopra
www.facebook.com/apchopra
Source: DARPA, Local Motors; http://www.coroflot.com/victorgarcia/DARPA-XC2V-FLYPMODE-Concept/10
An Economy That’s Built to LastDARPA “Crowd-Derived” Combat Support Vehicle Pilot DeliversDARPA “Crowd-Derived” Combat Support Vehicle Pilot Delivers
DARPA taps Local Motors to design a support vehicle; 159 entries produced within two months by tapping growing
network of 20,000 designers, including Victor Garcia – an
immigrant
Winner - “Flypmode” built in four months, presented to the President at “Advanced
Manufacturing Partnership” Launch – June 24th, 2011
New Firms at the Heart of a Growing Economy“Crowdfunding” a (Potential) Game Changer for the Region“Crowdfunding” a (Potential) Game Changer for the Region
Fred Wilson estimates $300BN market if
Americans allocate 1% of their investment portfolio
to startups; total VC market ~$30BN
Fred Wilson estimates $300BN market if
Americans allocate 1% of their investment portfolio
to startups; total VC market ~$30BN
Compared to other benchmark states, VA had
the 2nd lowest level of entrepreneurs per capita in
2005
Compared to other benchmark states, VA had
the 2nd lowest level of entrepreneurs per capita in
2005
Invest in the Building Blocks of American Innovation• Educate Americans with 21st century skills and create a world-class workforce• Strengthen and broaden American leadership in fundamental research• Build a leading physical infrastructure• Develop an advanced information technology ecosystem
Catalyze Breakthroughs for National Priorities
• Unleash a clean energy revolution• Accelerate biotechnology,nanotechnology, and advanced manufacturing• Develop breakthroughs in space applications• Drive breakthroughs in health care technology• Create a quantum leap in educational technologies
Promote Market-Based Innovation• Accelerate business innovation with
the R&E tax credit• Promote investments in ingenuity
through effective intellectual property policy
• Encourage high-growth and innovation-based entrepreneurship
• Promote innovative, open, and competitive markets
Source: http://www.whitehouse.gov/innovation/
President’s Strategy for American InnovationTech Role in Securing Our Economic Growth and ProsperityTech Role in Securing Our Economic Growth and Prosperity
Wireless Innovation & Infrastructure
Initiative (“Wi3”)
Wireless Innovation & Infrastructure
Initiative (“Wi3”)
Patent Reform; Internet Policy
Principles
Patent Reform; Internet Policy
Principles
Open Innovator’s Toolkit~Open Data
~Acting as Impatient Convener~Prizes & Challenges
~Celebrating Entrepreneurship
Open Innovator’s Toolkit~Open Data
~Acting as Impatient Convener~Prizes & Challenges
~Celebrating Entrepreneurship
Opportunity #1: Focus on the “ET” in STEMModeling & Simulation “Flexbook” v. 0.9 ReleasedModeling & Simulation “Flexbook” v. 0.9 Released
Goal: NASA + 19 volunteer
teachers offer timely, vetted, state-of-the-practice
informationand lesson plans on M&S;
now part of sciences SOL in 2012
Goal: NASA + 19 volunteer
teachers offer timely, vetted, state-of-the-practice
informationand lesson plans on M&S;
now part of sciences SOL in 2012
Source: www.nrd.gov; www.herojobs.org
Skills Translation Critical for Service TransitionAn Open Collaboration to Help Increase Veteran EmploymentAn Open Collaboration to Help Increase Veteran Employment
VeteransJobBank “Apps for Heroes”
Twilio developer Tony Webster builds an app in 2 hours – earns an invite to “Apps for Heroes” celebration with Dr.
Biden
New tool launched to ensure job listings find veterans; currently
accesses 800K+ “tagged” listings courtesy of 750+ employers and 33+
“tagging” partners
New tool launched to ensure job listings find veterans; currently
accesses 800K+ “tagged” listings courtesy of 750+ employers and 33+
“tagging” partners
Behavioral Segmentation Blacksburg Retained High-Growth Lujure Despite “Poaching” EffortBlacksburg Retained High-Growth Lujure Despite “Poaching” Effort
Austin-based VC offered term sheet but req’d HQ move; web platforms improved
discovery – Lujure registered with AngelList; chose to raise $500K from
Dave Cohen, Dave McClure, other luminaries
Austin-based VC offered term sheet but req’d HQ move; web platforms improved
discovery – Lujure registered with AngelList; chose to raise $500K from
Dave Cohen, Dave McClure, other luminaries
Nathan Latka built firm in dorm room;
serves 62,500+ customers, is profitable and
expanding to 25 FTEs in 2012
Nathan Latka built firm in dorm room;
serves 62,500+ customers, is profitable and
expanding to 25 FTEs in 2012
Opportunity #2: Launch “Crowdfunding”
Startups Growing Through Challenges
Startup America Partnership
Public and Private Sector Sponsorship Spurs EntrepreneurshipPublic and Private Sector Sponsorship Spurs Entrepreneurship
Data Design Diabetes Challenge
Sanofi awards prize to recent MIT grads; they raise $1.7M, hire
7 FTEs for passive
monitoring
Sanofi awards prize to recent MIT grads; they raise $1.7M, hire
7 FTEs for passive
monitoring
Tapping into the expertise of student teams to pose policy “business
plans” that might lead to jobs and industries of the future
Tapping into the expertise of student teams to pose policy “business
plans” that might lead to jobs and industries of the future
Opportunity #3: Startups with a Purpose$1+BN Growth Markets in Energy Efficiency, Value-Based Health $1+BN Growth Markets in Energy Efficiency, Value-Based Health
Service offers real-time building
energy efficiency benchmarking; 1M bldg owners will
have “Green Button” in 2012
Service offers real-time building
energy efficiency benchmarking; 1M bldg owners will
have “Green Button” in 2012
Download Apps
Screening & “Voting”
Development
User as screener of innovation from vibrant development
community
Military apps store
Translator
TIGR
i-Target Net
wo
rked
Lo
ose
ly N
etw
ork
ed “Sta
nd
alo
ne”
In the Field
Affordable handhelds & apps on a secure network
Pervasive across all ranks
Adaptive. Resilient. ‘Crowd’ sourced innovation in
development & use.
Strategic surprise on the fly.
3rd Brigade equipped Fall 2011 with “hardened” android devices on secure networks accessing a
dozen apps from maps to field reporting
Serving Warfighters with “Transformative Apps”Hardens Commercial Tools to Support Military MarketHardens Commercial Tools to Support Military Market
Early Days in the Warfighter “App Store”Several Apps Available on Commercial NetworksSeveral Apps Available on Commercial Networks
"I just am glad someone is listening and to know I'm not
alone."
“Where can I find food & water?”
"I see people trapped under a building and they are alive at this location! Send Help!"
#4:“Startup” 911 Center a Model for ACN
Source: Katie Stanton
Open Collaboration in a CrisisPlatforms Link “Listeners” to “Helpers” Serving Haitians in NeedPlatforms Link “Listeners” to “Helpers” Serving Haitians in Need