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Building Start-Up DNA Will Cardwell, Director
WHAT PUT US OVER THE TOP? The Case of Valimo Wireless FinnishNetwork Facebook HR Agility Roberto Carlos Focused IP ReverseLearning WHAT HELD US BACK? ComplexEcosystem Dripfed Finance UnproductivePartnerships DistressedCustomers Small home market Uneducated Public FragmentedTechnical Solutions
Types Of Entrepreneurship LifestyleEntrepreneurship Small Business Entrepreneurship Scalable (High-Tech?)  Entrepreneurship Big Company Entrepreneurship Social Entrepreneurship One sizedoes NOT fitall! 3
90%of new jobs and radicalinnovationsareborn in new technologycompanies, startups
Hero ! 5 ExtremeConditions ! ProfessorRymantasKazys, Ultrasound Institute, Kaunas University of Technology
6 Creating ”Startup DNA” Focus where competitive advantage is Enable and reward extreme work Agility to thrive amid unpredictable market shifts
Steve Jurvetson, ManagingDirector, DFJ A Grounding for Decision-MakingunderHighUncertainty On BoardLink Video Link
8 UnderstandRiskTaking and Failure Ecosystem: promotespioneering spirit embracing uncertainty, risk-taking and tolerating failure Video Link
Tina Seelig, ExecutiveDirector, STVP On risktaking and failures Entrepreneur: youmustnotfail! (but BTW its OK ifyoudo, keeptrying!) On BoardLink Video Link
10 Mark Zuckerberg, Founder of Facebook UnderstandYouth and Energy Universities will drive the next Black Swans one way or the other
The FourCornerstones of ACEBuilding successful companies  that create jobs and prosperity. Entrepreneurship  Education Entrepreneurship Research Growth Venturing and  Start-Up Services Innovation Services and Technology Transfer Public Private Partnership between Aalto University and TEKES
Aalto EntrepreneurshipSociety Student-run, +3000 membersstrong.
Summer of startups 10 weeks, 35 students, 750 euros, Global.
ApplyNow! www.startupsauna.com StartupSaunas200 applicants, 10 startups. Coachedbyrealentrepreneurswith $200M VC raised and 20 exitsamongthem VentureGarage Video
SiliconValley PartnershipPartnership with Stanford – Go learnfrom and with the Best.
1 Powerkiss Powerkiss technology provides a simple,  user-friendly and efficient way of keeping all your dear devices charged on top of any surface. 
2 AudioDraft AudioDraft offers companies a new and innovative way to order custom made audio from the artist and audio designer community by creating audio competitions. 
ZenRobotics 3 ZenRobotics Ltd., is specializing in robotic recycling technology. The company's main product is ZenRobotics Recycler, a waste sorting system which separates raw materials from waste
THANKS! Will.cardwell@aalto.fi

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Will cardwell presentation lithuania - oct 2011

  • 1. Building Start-Up DNA Will Cardwell, Director
  • 2. WHAT PUT US OVER THE TOP? The Case of Valimo Wireless FinnishNetwork Facebook HR Agility Roberto Carlos Focused IP ReverseLearning WHAT HELD US BACK? ComplexEcosystem Dripfed Finance UnproductivePartnerships DistressedCustomers Small home market Uneducated Public FragmentedTechnical Solutions
  • 3. Types Of Entrepreneurship LifestyleEntrepreneurship Small Business Entrepreneurship Scalable (High-Tech?) Entrepreneurship Big Company Entrepreneurship Social Entrepreneurship One sizedoes NOT fitall! 3
  • 4. 90%of new jobs and radicalinnovationsareborn in new technologycompanies, startups
  • 5. Hero ! 5 ExtremeConditions ! ProfessorRymantasKazys, Ultrasound Institute, Kaunas University of Technology
  • 6. 6 Creating ”Startup DNA” Focus where competitive advantage is Enable and reward extreme work Agility to thrive amid unpredictable market shifts
  • 7. Steve Jurvetson, ManagingDirector, DFJ A Grounding for Decision-MakingunderHighUncertainty On BoardLink Video Link
  • 8. 8 UnderstandRiskTaking and Failure Ecosystem: promotespioneering spirit embracing uncertainty, risk-taking and tolerating failure Video Link
  • 9. Tina Seelig, ExecutiveDirector, STVP On risktaking and failures Entrepreneur: youmustnotfail! (but BTW its OK ifyoudo, keeptrying!) On BoardLink Video Link
  • 10. 10 Mark Zuckerberg, Founder of Facebook UnderstandYouth and Energy Universities will drive the next Black Swans one way or the other
  • 11. The FourCornerstones of ACEBuilding successful companies that create jobs and prosperity. Entrepreneurship Education Entrepreneurship Research Growth Venturing and Start-Up Services Innovation Services and Technology Transfer Public Private Partnership between Aalto University and TEKES
  • 13. Summer of startups 10 weeks, 35 students, 750 euros, Global.
  • 14. ApplyNow! www.startupsauna.com StartupSaunas200 applicants, 10 startups. Coachedbyrealentrepreneurswith $200M VC raised and 20 exitsamongthem VentureGarage Video
  • 15. SiliconValley PartnershipPartnership with Stanford – Go learnfrom and with the Best.
  • 16. 1 Powerkiss Powerkiss technology provides a simple, user-friendly and efficient way of keeping all your dear devices charged on top of any surface. 
  • 17. 2 AudioDraft AudioDraft offers companies a new and innovative way to order custom made audio from the artist and audio designer community by creating audio competitions. 
  • 18. ZenRobotics 3 ZenRobotics Ltd., is specializing in robotic recycling technology. The company's main product is ZenRobotics Recycler, a waste sorting system which separates raw materials from waste