Talk by Penny Schiffer, Swisscom (Switzerland), at Stanford on Feb 12 2018, in our session: 'Switzerland : Corporate & University Roles in Growing National Startup Ecosystems'.
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1. European Entrepreneurship
and Innovation @ Stanford Engineering
Corporate & University Roles in
Growing National Startup
Ecosystems
Penny Schiffer, Head of Startup Initiatives, Swisscom AG
penny.schiffer@swisscom.com
Feb 12 2018 @ Stanford University, California
3. WHO AM I?
HEAD OF SWISSCOM’S STARTUP INITIATIVE
INVEST MY OWN MONEY
STARTUP JURIES AND BOARD MEMBER
4. HOW DID I GET THERE?
ENTREPRENEURSHIP RUNS IN THE FAMILY
DID MY OWN TOMATO BUSINESS AT AGE 8
5. What I can share with you
Agenda
From government-owned telco provider to
innovation leader in Switzerland
World-class research institutions and engineering centers of
Google, IBM etc. plus excellent support system
Corporations and government initiatives partner to
unlock innovation; maturing VC industry financing growth phase
Swisscom’s open innovation approach
Switzerland’s strength: Deep Tech & Life Science
Entrepreneurial Potential to be Unlocked
1
2
3
6. What I can share with you
Agenda
From government-owned telco provider to
innovation leader in Switzerland
World class research institutions and engineering centers of
Google, IBM etc. plus excellent support system
Corporations and government initiatives partner to
unlock innovation; maturing VC industry financing growth phase
Swisscom’s open innovation approach
Switzerland’s strength: Deep Tech & Life Science
Entrepreneurial Potential to be Unlocked
1
2
3
7. As of 31 December 2017
Employees
20,506
Fixed Network Telephony
2.0 Mio.
Customers
Internet
2.0 Mio.
Customers
Swisscom TV
1.4 Mio.
Customers
Mobile Communication
6.6 Mio.
Customers
Share Price
CHF
518.50
Capital Expenditure (CH)
CHF
2,378 Mio.
Net Revenue
CHF
11,662
Mio.
EBITA
CHF
4,295
Mio.
Net Income
CHF
1,568
Mio.
SWISSCOM AG
IS A MAJOR TELCO PROVIDER IN SWITZERLAND
PARTIAL PRIVATISATION IN 1997
14. What I can share with you
Agenda
From government-owned telco provider to innovation leader in
Switzerland
World class research institutions and engineering centers of
Google, IBM etc. plus excellent support system
Corporations and government initiatives partner to
unlock innovation; maturing VC industry financing growth phase
Swisscom’s open innovation approach
Switzerland’s strength: Deep Tech & Life Science
Entrepreneurial Potential to be Unlocked
1
2
3
18. HIGH QUALITY OF LIFE
GOOGLE AND OTHER TECH COMPANIES BUILD HUBS
EASY TO ATTRACT GLOBAL TALENT
19. What I can share with you
Agenda
From government owned telco provider to
innovation leader in Switzerland
World class research institutions and engineering centers of
Google, IBM etc. plus excellent support system
Corporations and government initiatives partner to
unlock innovation; maturing VC industry financing growth phase
Swisscom’s open innovation approach
Switzerland’s strength: Deep Tech & Life Science
Entrepreneurial Potential to be Unlocked
1
2
3
20. # 40 IN COMMERCIALISATION
HOW TO BRIDGE THE GAP?
# 1 IN INNOVATION RANKINGS
21. VC: NEARLY CHF 1BN INVESTED IN 175 ROUNDS
MORE NON- TRADITIONAL VC‘S
EXPANSION CAPITAL ON THE RISE
EARLY STAGE: BIGGER ROUNDS
22. 47% OF ALL FINANCING
STRONG FOCUS ON BIOTECH:
US COMPANIES
ON SHOPPING TOUR
23. STARTUP 1 #AI: DAEDALEAN AI
OF THE NEAR FUTURE
THE ELECTRIC PERSONAL AIRCRAFT
AUTOMOUS FLIGHT CONTROL FOR