Propel Arizona seminar/presentation for NACET May 30th 2013

2. 10+ companies
$250M Funding 4 Exits (great !)
$3B Revenues 4 Failures (awful !)
Lots of lessons. Chaos, Pain and Joy.
‘Serial/Parallel Entrepreneur”
EIR, Venture Partner
Angel Investor
5 Companies 9 Boards
3,000 Tylenol Caplets. Ego and Brain Atrophy.
Investor/Venture Capitalist
Professor of Digital Media & Entrepreneurship
Arizona State University, SJSU, Stanford (Lecturer)
New York Institute of Technology
Knight Center for Digital Media Entrepreneurship
Research in digital media, behavior, entrepreneurship
University Professor
Advisor/Mentor, Author etc.
ASU – Skysong, Venture Catalyst, RSS etc
Arizona Commerce Authority / Venture ready
Arizona Innovation Challenge
Book: Age of Metapreneurship. Blog/Articles
CJ Cornell
@cjcornell
cj@cjcornell.com

16. Source: http://theyec.org/making-sense-of-the-jobs-act-and-crowdfunding-infographic/

21. The safety of crowds
The passion of crowds
The wisdom of the crowds
Crowdfunding

24. • Source – http;//crowdfunder.com

44. Kickstarter (2012)
2.2 million people pledged a total of
$319,786,629
(up 221% from 2011)
Backers pledged $606.76 per minute
People in 177 countries backed a project in 2012
(That's 90% of the countriesin the world)

72. Crowdfunding Arizona
Can it jumpstart entrepreneurship?

73. 1. Kickstarter “Fails”
Arizona does poorly …

74. 2. Members =/ Supporters
% of supporters is the key ….

75. 3. Entrepreneurship is Different
Products, Companies, Entrepreneurs …

76. 4. The role of “Ecosystem”
Incubators, accelerators, mentors etc ..

77. 5. The power of Community
Shared Goals, Passions, Outcomes …

78. Shared Goals, Passions, Outcomes …

79. Crowdfunding for Entrepreneurship & Economic Growth
Shared Goals, Passions, Outcomes …

81. People as Important as Projects …
Organizations & Affiliations …

82. Entrepreneurs success as much as funding …

83. $15k - $100k *(Average $50k) ….