9. 1. Democratization of entrepreneurship driven by technology
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2. Growth innovation diversifying away from Silicon Valley
3. Emergence of first globally connected generation on the world stage
The revolution is shaped by three key global trends
11. Millions of entrepreneurs across the globe are
unable to realize their full potential because of
institutional, cultural, and social barriers
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13. blackbox
$22 Trillion in
Unrealized GDP
Globally
$22,000,000,000,000
Source: (https://thegedi.org/ ) GEDI; 2017 Global Entrepreneurial Index - based on a 10% increase in GEI
14. By improving the conditions for entrepreneurship by 10%, Turkey could add
$331,000,000,000
to its economy
Turkey
Source: (https://thegedi.org/ ) GEDI; 2017 Global Entrepreneurial Index - based on a 10% increase in GEI blackbox
15. Turkey
Risk Acceptance (0.25)
Strongest
area: Risk Capital (0.76)
Weakest
area:
Source: (https://thegedi.org/ ) GEDI; 2017 Global Entrepreneurial Index - based on a 10% increase in GEI blackbox
16. blackbox
Inequality of opportunities can lead to a devastating
cycle of destruction that starts with resistance,
resentment and escalating violent revenge
18. Conditions that support the development of
strong entrepreneurial ecosystem directly
correlated with conditions that support
prosperity and peace in the world
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19. blackbox
Conditions that support the development of
strong entrepreneurial ecosystem directly
correlated with conditions that support
prosperity and peace in the world
20. Every country can do more to empower
innovative entrepreneurs
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21. Innovation has a 5-6x greater impact on
economic growth than increasing inputs
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27. Blackbox Serves Entrepreneurs First
Entrepreneur-firstInvestor-first
Narrow Value
Holistic Value
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YCombinator
Techstars
500 Startups
Endeavor
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28. Entrepreneur-first programs are
the key to turning emerging
startup ecosystems into
innovation hubs that sustain
long-term economic growth
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Everything we do at Blackbox is about elevating entrepreneurs. We serve entrepreneurs in every corner of the globe—58 counties so far. Our programs have been helping startup founders level up as entrepreneurs for 5 years. We’ve serve over 250 startups—91% are still operating, adding to global economic growth.
At Blackbox don’t just help entrepreneurs play the startup game better, we help them play a better game—we stretch their minds, focus their ambition, and amplify their fundamental drive as entrepreneurs. We do this by leveraging the best of Silicon Valley.
We believe global innovation is best served by leveling the playing field, creating shared value, and democratizing entrepreneurial opportunity. The entrepreneurs who reinvest their success, knowledge, and time into their local startup communities become force multiplies for economic growth. It’s these entrepreneurs we seek to elevate as Blackboxers.
We believe we are living in the early stages of the Entrepreneurial Era. We’ve entered an new economy led by entrepreneurs.
It’s a global shift in the economy. The information revolution was really about transitioning from physical economic inputs to digital economic inputs as primary levers for wealth creation.
The leveling power of technology has enabled anyone with a computer and the internet to create new value for millions, if not, billions of people.
There are three global trends shaping the entrepreneurial revolution.
As we just said, the democratization of entrepreneurship is being driven by technology. There is a very strong correlation between entrepreneurial activity and digital technology—they are moving in the same direction. For those into statistics, R-squared equals .79.
Second, growth innovation is diversifying away from Silicon Valley. Talent is everywhere and capital is starting to follow it. However, entrepreneurial opportunity is still concentrated in innovation hubs like Silicon Valley. There’s no monopoly on talent, only opportunity.
Third,
Transcend challenges of border, culture, and institutions to find common cause
Risk takers
Collaborative-teams form and work remotely
60% of the world is under 35
.
Example stories of Blackboxers…
The heart of the inequality is lack of access to resources: capital, markets, mentorship, knowledge, etc.
Every startup must figure out how their opportunity takes root and grows. And Every entrepreneur needs help figuring this out.
Entrepreneurs across the globe does have access to the resources they need to build sustainable businesses.
Silicon Valley’s advantage—mature startup ecosystem, access to resources, institutional knowledge of starting business.
Nar —Charlie and Nicolas (Lebanon)
What if they didn’t come here?
What if they could get those insights to transform their business in Lebanon?
What if they could be empowered to create the support network they needed?
Varying combinations of institutional, cultural, public policies and social barriers are preventing countless of talented entrepreneurs and innovators from realizing their full potential
Serving entrepreneurs first empowers innovation
Explain investor-first and entrepreneur-first
Entrepreneurs don’t need another accelerator—they need an elevator
Non-profit, elevator for entrepreneurs, best of the best people (advisor network)