rebeca hwang: creation of tech companies and university entrepreneurship
Post on 17-Oct-2014
2.739 views
DESCRIPTION
To kick off the year for spin off, the office in charge of technology transfer at the Universidad de Zaragoza, Rebeca Hwang of YouNoodle used her experience as an entrepreneur to give advice to young technology companies as well as to discuss general market trends she sees in Silicon Valley.TRANSCRIPT
In the US, 1,274 students in the top 50 programs nationwide launched businesses while still in school.
Sam Altman, Loopt founder, 19; Facebook's Mark Zuckerberg, 19; Firefox creator Blake Ross was 17.
MIT’s $100K competition alone has generated 85 companies, market cap over $10BN, generating 2,500 jobs, $600M investment. http://mit100k.org Academic entrepreneurs account for 8.6% of venture-backed companies founded between 1992-2001.
In America startups have accounted for almost ALL of the NET JOB creation in the past two decades
Some recent student start-ups:
The life of a startup and an entrepreneur:
Idea Prototype Pre-funding startup
Early stage startup
Series B, C startup Exit
Innovator
Innovator with desire to become an entrepreneur
Successful Entrepreneur
Inspirational stories Technical education, skills
Infrastructure/Labs/Machine shops, Practical classes Team
matching
Networking Workshops Business Plan Competitions
Visibility Track and support with appropriate ecosystem
START OVER
The life of a startup and an entrepreneur:
Idea Prototype Pre-funding startup
Early stage startup
Series B, C startup Exit
Innovator
Innovator with desire to become an entrepreneur
Successful Entrepreneur
Empower and inspire
START OVER
Enable and Facilitate
Track and improve
Set the right expectations
Set the right expectations
Idea Prototype Pre-funding startup
Early stage startup
Series B, C startup Exit
Innovator
Innovator with desire to become an entrepreneur
Successful Entrepreneur
MIT Eng
START OVER
Set the right expectations
Set the right expectations
The path to becoming entrepreneur:
MIT 100K, MIT Ideas
Susan Murcott JA
BASES CTO
YouNoodle Squizz
Overview of programs:
BASES / Clean Tech Open / Venture Cup: Classes Entrepreneurs Thoughts Leaders Program: stories of successes and failures Workshops Online social network platform to showcase startups Accelerators / Startup Weekend Business Plan, Idea Competitions Speed-networking with investors Startup Career Fairs Externships, Internships, Startup mentors Alumni Index and Tracking
Silicon Valley comes to Oxford
Fantasy Startup Contest
Bob Goodson Medieval Literature (MS) Oxford University English Yelp.com
Rebeca Hwang Chemical, Environmental Engineering (BS, M.Eng) Social Network Theory (PhD) MIT, Stanford Korean-Argentinean
Kirill Makharinksy Math (BS) Oxford Russian Slide.com
Socialnetworkforentrepreneurs
Fastgrowingglobalcommunity
400,000members
50,000startupstracked300groups
Pla>ormforcompe??onsandclubs
EmbeddedYouNoodlecompe??onsubmission
Realizeddataisvaluable
$1BN $100BN1987 2008
Scores:Calcula?on
Labs:Networkanalysis
The Israeli Case:
1992 Israel founded a 100 M government fund
Despite Israelʼs small population of 7 M, it has attracted as much venture capital as France and Germany combined it has more startups per head than any other country (3850 for every 1844 people) it has more companies listed in NASDAQ than China and India combined
Questions?
