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.
2. Some recent student start-ups:
ďźâŻ In the US, 1,274 students in the top 50 programs nationwide launched
businesses while still in school.
ďźâŻ Sam Altman, Loopt founder, 19; Facebook's Mark Zuckerberg, 19;
Firefox creator Blake Ross was 17.
ďźâŻ MITâs $100K competition alone has generated 85 companies, market
cap over $10BN, generating 2,500 jobs, $600M investment.
http://mit100k.org
ďźâŻ Academic entrepreneurs account for 8.6% of venture-backed
companies founded between 1992-2001.
ďźâŻ In America startups have accounted for almost ALL of the NET JOB
creation in the past two decades
3. The life of a startup and an entrepreneur:
Pre-funding Early stage Series B, C
Idea Prototype startup startup startup Exit
Infrastructure/Labs/
Machine shops, Networking
Practical classes Team Workshops
Visibility Track and support
matching Business Plan
with appropriate START OVER
Competitions
ecosystem
Innovator with
desire to become an
Innovator entrepreneur
Inspirational stories Successful
Technical education, Entrepreneur
skills
4. The life of a startup and an entrepreneur:
Pre-funding Early stage Series B, C
Idea Prototype startup startup startup Exit
Set the right
expectations
Empower and Enable and Track and
inspire Facilitate improve
START OVER
Innovator with
desire to become an
Innovator entrepreneur
Set the right
expectations
Successful
Entrepreneur
5. The path to becoming entrepreneur:
Pre-funding Early stage Series B, C
Idea Prototype startup startup startup Exit
Set the right
expectations
MIT Susan MIT 100K, YouNoodle
JA Eng Murcott MIT Ideas Squizz
START OVER
BASES
Innovator with
CTO
desire to become an
Innovator entrepreneur
Set the right
expectations
Successful
Entrepreneur
6. Overview of programs:
ďźâŻ BASES / Clean Tech Open / Venture Cup:
ďźâŻ Classes
ďźâŻ Entrepreneurs Thoughts Leaders Program: stories of successes and failures
ďźâŻ Workshops
ďźâŻ Online social network platform to showcase startups
ďźâŻ Accelerators / Startup Weekend
ďźâŻ Business Plan, Idea Competitions
ďźâŻ Speed-networking with investors
ďźâŻ Startup Career Fairs
ďźâŻ Externships, Internships, Startup mentors
ďźâŻ Alumni Index and Tracking
ďźâŻ Silicon Valley comes to Oxford
ďźâŻ Fantasy Startup Contest
7. 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
17. The Israeli Case:
ďźâŻ 1992 Israel founded a 100 M government fund
ďźâŻ Despite IsraelĘźs small population of 7 M,
ďźâŻ it has attracted as much venture capital as France and Germany
combined
ďźâŻ it has more startups per head than any other country (3850 for every
1844 people)
ďźâŻ it has more companies listed in NASDAQ than China and India
combined