@paulsingh #

THE BUSINESS OF (TECH) STARTUPS

THE (GROWING) INTERSECTION OF VENTURE CAPITAL, HIGH-GROWTH TECH COMPANIES AND ECONOMIC DEVELOPMENT

@paulsingh #

@paulsingh

500 STARTUPS

@paulsingh #

A (R)EVOLUTION IN THINKING

@paulsingh #@paulsingh #MEDAannual

EARLY STAGE STARTUPS

HAVE CHANGED

@paulsingh #@paulsingh #MEDAannual

STARTUP COSTS LOWER THAN EVER

BUT SCALING STILL COSTS MONEY

CLOUD, OPEN SOURCE AND ONLINE DISTRIBUTION DRIVING

@paulsingh #@paulsingh #MEDAannual

WEB GETS BIGGER. WORLD GETS SMALLER.

@paulsingh #@paulsingh #MEDAannual

TRACTION IS THE NEW INTELLECTUAL PROPERTYPLATFORMS (SEARCH, SOCIAL & MOBILE) PRIMARILY DRIVING THE CHANGE.

NO LONGER “GOOD ENOUGH” TO DEPEND ON TECH DIFFERENTIATION.

@paulsingh #@paulsingh #MEDAannual

CAPITAL INCREASINGLY COMMODITIZED

RISE OF THE ANGELS, YO!

@paulsingh #@paulsingh #MEDAannual

NEW REALITY: MONEY FOLLOWS

FOUNDERSRISE OF THE ENTREPRENEURS, YO!

@paulsingh #

ECONOMIC DEVELOPMENT HAS CHANGED

@paulsingh #

THE AGE OF THE INDUSTRIAL CITY

IS OVER

@paulsingh #

NOW POSSIBLE TO BUILD BILLION DOLLAR

COMPANIES IN T-SHIRTS FROM A COUCH

@paulsingh #

FROM ANYWHERE*

@paulsingh #

BUT…

@paulsingh #

MORE THAN TRADITIONAL INDUSTRIES, KNOWLEDGE ECONOMY HAS AN INHERENT TENDENCY TOWARDS GEOGRAPHIC AGGLOMERATIONADVANTAGES MATTER, AND THE FUTURE DEPENDS HEAVILY ON THE PAST. !THE SUCCESS OF A CITY FOSTERS MORE SUCCESS, AS COMMUNITIES THAT CAN ATTRACT SKILLED WORKERS AND GOOD JOBS TEND TO ATTRACT EVEN MORE.

“

-- ENRICO MORETTI

@paulsingh #

NEAR PERFECT CORRELATION BETWEEN

URBANIZATION AND PROSPERITY

@paulsingh #

NEAR PERFECT CORRELATION BETWEEN PRESENCE OF SMALL

FIRMS AND THE LATER GROWTH OF A REGION*

@paulsingh #

BUT…

@paulsingh #

TECH COMPANIES WILL NEVER CREATE THE MAJORITY OF JOBS

@paulsingh #

TECH COMPANIES HAVE A DISPROPORTIONATELY

POSITIVE EFFECT ON THE ECONOMY

@paulsingh #

WHAT HAPPENS IN THE TECH SECTOR DETERMINES THE SALARY OF MOST PEOPLE, WHETHER THEY WORK IN

TECH OR NOT

@paulsingh #

ALTHOUGH JOBS IN LOCAL SERVICES CONSTITUTE THE VAST MAJORITY OF JOBS, THEY ARE THE ECONOMIC GROWTH.

“-- ENRICO MORETTI

@paulsingh #

PROXIMITY IS VALUABLE

@paulsingh #

MODERN ECONOMIC DEV !

PEOPLE > STRUCTURES

@paulsingh #@paulsingh #MEDAannual

HUGE OPPORTUNITY AT THE POST-SEED,

PRE-A LEVEL

@paulsingh #@paulsingh #MEDAannual

INVESTORS: INVEST OUTSIDE YOUR

REGION, BRING THE BEST FOUNDERS TO YOUR CITY

@paulsingh #

@paulsingh #

TECHNOLOGY IS THE FUNDAMENTAL DRIVER OF

GROWTH IN THE INDUSTRIALIZED WORLD

@paulsingh #

LEARN MORE: disruption.vc

THE BUSINESS OF (TECH) STARTUPS

THE (GROWING) INTERSECTION OF VENTURE CAPITAL, HIGH-GROWTH TECH COMPANIES AND ECONOMIC DEVELOPMENT