Growing the Ambition Level of Entrepreneurshipwithin AaltoFor  Internet and Computing ForumWill.Cardwell@Aalto.Fi
My ExperienceEDUCATIONCEO / PARTNER/ DIRECTORLTT-Research Finance Institute, EqvitecAdvisors/RobertsonStephens, EqvitecVenturePartners,Valimo Wireless, ConorVenturePartners,TechnopolisVentures, ACEBedford Hills, LinkhorneSchool,EC Glass, Davidson College, Aalto School of Economics, University of North Carolina-Chapel Hill, Aalto School of Science and TechnologyADVISOR / INVESTMENT BANKERINVESTOR/BOARD MEMBERF-Secure, Iobox, Codetoys, Digia, Solid, Footbalance, Microtask, severalongoingValimo Wireless, Smartner/Seven, Frends, Rissa Communications, NS Sports Management, Technopolis Ventures2
What is ACE Today ?xESEntrepreneurship EducationNoteCombo ofAcademicAndPractice!EntrepreneurshipResearchInnovation Servicesand TechnologyTransferGrowthVenturing and Start-Up Services
ACE Innovation Services today and tomorrow ** This is ”Practice” part and it is Critical to future of Finland and mustberesourcedaccordingly!!
Great FinnishStories in Outlier and Black Swan FrameworkDefiesPrediction
Makes a MassiveImpact
WemakeupExplanationsAfterward
Endowedwith an unfairadvantange.
Extremepractice and workHaveweeverhadany, and whyaretheysoimportanttoday?
1. The Counter-IntuitiveReality of the Black SwanLink6
2. On Risk-taking and Failure…Ecosystem: promotespioneering spirit embracing uncertainty, risk-taking and tolerating failureEntrepreneur: Youmustnotfail! (butits OK ifyoudo, keeptrying!)You just cannothave a Plan B !!LinkLink7
3. On Youth and Energy…Ecosystem: Attract founders, who are ideally young, energetic and possibly migrants, and support them patientlyEntrepreneur: Startearly! Universities will probably drive the next Black Swan. And, DON’T BE PATIENT!8
About34About269
aaltovg.comtwitter.com/aaltogarage
4. On Customers…Ecosystem: Willingcustomersparticipate in trial and errorprocesswithinnovators.Entrepreneur: Get out of the officeall the time – live and breathewithcustomers.And customers: ifyoudon’tpay, youarepart of the productorservice, act likeit!Link11
5a. On TeamsEntrepreneur: Bring in the bestwherevertheycomefrom (and manywillcomefromabroad!)Ecosystem: Freedom offered to talent who should not be snatched from start-ups.  Talent (and capital!) MUST be mobile!Link12
5b. On Teams13Link
6a. On Pricing TechnologiesLink
6b. On Pricing Technologies15Link

Heikki saikkonen course v1

  • 1.
    Growing the AmbitionLevel of Entrepreneurshipwithin AaltoFor Internet and Computing [email protected]
  • 2.
    My ExperienceEDUCATIONCEO /PARTNER/ DIRECTORLTT-Research Finance Institute, EqvitecAdvisors/RobertsonStephens, EqvitecVenturePartners,Valimo Wireless, ConorVenturePartners,TechnopolisVentures, ACEBedford Hills, LinkhorneSchool,EC Glass, Davidson College, Aalto School of Economics, University of North Carolina-Chapel Hill, Aalto School of Science and TechnologyADVISOR / INVESTMENT BANKERINVESTOR/BOARD MEMBERF-Secure, Iobox, Codetoys, Digia, Solid, Footbalance, Microtask, severalongoingValimo Wireless, Smartner/Seven, Frends, Rissa Communications, NS Sports Management, Technopolis Ventures2
  • 3.
    What is ACEToday ?xESEntrepreneurship EducationNoteCombo ofAcademicAndPractice!EntrepreneurshipResearchInnovation Servicesand TechnologyTransferGrowthVenturing and Start-Up Services
  • 4.
    ACE Innovation Servicestoday and tomorrow ** This is ”Practice” part and it is Critical to future of Finland and mustberesourcedaccordingly!!
  • 5.
    Great FinnishStories inOutlier and Black Swan FrameworkDefiesPrediction
  • 6.
  • 7.
  • 8.
  • 9.
    Extremepractice and workHaveweeverhadany,and whyaretheysoimportanttoday?
  • 10.
    1. The Counter-IntuitiveRealityof the Black SwanLink6
  • 11.
    2. On Risk-takingand Failure…Ecosystem: promotespioneering spirit embracing uncertainty, risk-taking and tolerating failureEntrepreneur: Youmustnotfail! (butits OK ifyoudo, keeptrying!)You just cannothave a Plan B !!LinkLink7
  • 12.
    3. On Youthand Energy…Ecosystem: Attract founders, who are ideally young, energetic and possibly migrants, and support them patientlyEntrepreneur: Startearly! Universities will probably drive the next Black Swan. And, DON’T BE PATIENT!8
  • 13.
  • 14.
  • 15.
    4. On Customers…Ecosystem:Willingcustomersparticipate in trial and errorprocesswithinnovators.Entrepreneur: Get out of the officeall the time – live and breathewithcustomers.And customers: ifyoudon’tpay, youarepart of the productorservice, act likeit!Link11
  • 16.
    5a. On TeamsEntrepreneur:Bring in the bestwherevertheycomefrom (and manywillcomefromabroad!)Ecosystem: Freedom offered to talent who should not be snatched from start-ups. Talent (and capital!) MUST be mobile!Link12
  • 17.
  • 18.
    6a. On PricingTechnologiesLink
  • 19.
    6b. On PricingTechnologies15Link
  • 20.
    7. On Howto be a VC16Link
  • 21.
    Whatarewetrying to doat ACE to enablethis?A Deep International NetworkBringworld-classlecturers, practitioners and studentsINSendourcommunityOUT to globalhotspots.SupportREGULARbootcamps and eventsaroundkeythemesCreatewinning IP strategiesRaise the overallIMAGE of GrowthEntrepreneurshipCollaboratefluentlywithour national and regionalecosystem!Getgreatideas into the marketFAST!17
  • 22.
    SelectSpin-offs and Start-UpsfromAaltoUniversitySomePastStart-UpsHybrid GraphicsF-SecureSulakeRovioSolid… manyothers
  • 23.
    Any Ideas? InventedSomething?Contact us directly:Will Cardwell, Head, 040 514 1325Pauli Laitinen, Innation Services teamleader, 050 338 0509Or looked at: http://ace.aalto.fi19

Editor's Notes

  • #6 Wehavehadthemalready in a way, buthavetroublecapturingmarketvalue.Nokia: 2.50 to 60 (1994 to 2001, then 40 to 10 (2008 to present)Whyaretheyimportantnow:Employment? Wealth? RoleModel? AllthreeA Big StoryA SimpleStoryAn EfficientEcosystemDrive / Adhere to TrendsFast