Crowds and the golden age of innovation

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    06-Sep-2014

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How crowds are enabling a golden age of innovation via crowdfunding, accelerators and crowdstorming.

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<ul><li> How Crowds Are Enabling a Golden Age of Innovation Shaun Abrahamson @shaunabe </li> <li> @shaunabe startup life Investor: ZocDoc, Trialpay, Refinery29, Retrofit, Crowdtwist, Sense Networks, Tonx, Jovoto, Modria, Mealku, Stylyt, Everest, Minbox, Care at Hand, Workana, Social Amp, SOMA, Spuni... Builder: (good, bad + ugly) including: Oculus, govWorks(Startup.com), Starmedia, MediaSentry 2 </li> <li> First, lets go back to 1999 </li> <li> Corp Dev Why was the 50k great? Founders Investors Customers </li> <li> BUT For Founders -&gt; Finding Customers, Finding Investors, Limited Media For Investors -&gt; Complex evaluation of Opportunities (Team, Idea) For Corp Dev -&gt; No real structures to work with startups </li> <li> Whats new in 2013? </li> <li> also new, better organized crowds Crowdfunding Accelerators Crowdstorming </li> <li> Source: Crowdsourcing.org </li> <li> Angel.co More Connections, Better Signals </li> <li> Kickstarter Customers + Investors + Partners </li> <li> Corporates Venturing Funding + Expertise + Customer Acquisition </li> <li> Source: f6s.com </li> <li> YCombinator Customers + Investors + Partners </li> <li> Corporate Accelerator </li> <li> 2009 Spend Explosion in Open Innovation Spending 2015 Spend (Projected) Source: OIA Survey 2013 </li> <li> GE Ecomagination Identify Specific Types of Opportunities </li> <li> Amazon Studios Make Use of Open City Data </li> <li> Corp Dev Better organization and alignment FoundersInvestors Customers </li> <li> Whats still hard? For Founders -&gt; Acquiring Customers (Feedback, Testing, Sales), Funding For Investors -&gt; Offering More Than Money (Expertise, Customers) For Corp R&amp;D -&gt; Assuring That Ideas Succeed (Money, Expertise, Customers) </li> <li> Whats Next? </li> <li> Fund + Accelerator + Crowdstorm ++ </li> <li> Crowdstorm + Accelerator ++ </li> <li> Crowdstorm + Accelerator ++ </li> <li> Corp Dev Ever better crowd alignment FoundersInvestors Customers </li> <li> Aligning crowds is very, very powerful. </li> <li> Its never been easier to make innovation happen. </li> <li> How Crowds Are Enabling a Golden Age of Innovation Shaun Abrahamson @shaunabe </li> </ul>