Startup Revision Notes (April)

I’m creating a live list of resources that I’m learning from — will be updating along the way.

4th April Wilson Miner — When we build

(1) We shape our tools and our tools shape us (2) The things we surround ourselves with, will shape who we become. (3) We are in the process of building an environment we will spend most of our time in, for the rest of our lives. (4) You only learn when things start breaking. (5) The role of a prototype is to find the answer (Buddhist ‘Dont Know Theory’). (6) A book is an extension of the eye. (7) After building the first computer DEC PDP-1, they built a game Spacewar in 1962 by Steve Russell [highlights mans need to interact/engage] Quote: “The car may look very different on the outside but as a machine it hasn’t changed that much in 100 years — but look at how we changed our environment around the car, we built highways, factories, oil companies — we changed our whole environment based on the car, we changed our whole way of livingLearnings: new tools + build forever approach= scaled culture/new environments.

9th April Holy Land Startup Nations — WIRED Future Cities

(1) Israel independence in 1948 (70years old) — city is Tel Aviv / seat of government Jerusalem (internationally unrecognized state) (2) Israeli–Palestinian conflict due to mutual recognition, borders, security, water rights and control. [notes do not go into depth about Israel political-geographical history/conflict, rather the focus is on the infrastructure of its startup ecosystem.] (3) Israel is a startup; a fantasy that made no economic sense at the time. (4) Yonata Adiri CEO, Healthy. IO ‘we no longer have paradigms, we live in an era of permanent revolution’. (5) Israel is second to Sillicon Valley in terms of startups and VC investment. (6) Saul Singer, co-author Startup Nation. (7) Shimon Peres, Former President of Israel called the state a ‘dissatisfied nation’. (8) David Ben-Gurion, First Prime Minister → survival of nation = military defence + superior technology [otto, mobileye and computer vision] (9) Innovation transcends, borders, and religion. (10)Marriage between innovation and ideology creates a society who want to change the world. (11) Entrepreneurs see the world with different eyes, a different attitude to failure — failure is the only way to success, if you can’t fail you can’t succeed. (12) Vision builds a country. (13) Technology is a means to an end. (14) Innovation is in the details. (15) Technology creates a window to the world. (16) Lack of infrastructure hinders innovation (17) Can you get an entire country to become entrepreneurs? (18) Religious culture/startup culture = ask questions. (19) Chutzpah — self confidence (20) Israel is a natural accelerator (21) Entrepreneurship cannot be imposed from the top but needs to bubble up from the bottom. Learnings: Components of an ecosystem infrastructure > community [human component] + culture [innovation/ideology] + language [technology/social media]= City. Frustration + team= a startup > The same methodology can be used to build a city > Military conflict (frustration)+ immigrants (team) = Israel (startup)

17th April Waterloo, The David vs. Goliath of Startup Ecosystems

Ecosystem Lifecycle Diagram (Compass Report 2015)

Emergence: Cluster>movement

Activation: Catch up growth>know-how>best practise>sillicon style

Integration: Exits>unicorns>migration

Maturity: Relative growth>slows down

25th April:Forget products, build ecosystems — Manolis Babiolakis

(1) Focus on the mission/community then build the infrastructure e.g Facebook (2) Platforms enable third parties to use its infrastructure (3) There are limitations between platform providers and product developed e.g. apps — andriod, iOS. (4)Do not build products. Do not build platforms. Build ecosystems. (5) ecosystems are based interconnection. Learnings: platform provider (ecosystem/support organisations) + product developed (startups) Questions: what are the limitations startups face integrating into the startup ecosystem. Answer: lack of diversity, investment and technical talent. Build enabling ecosystems: enabler + open interface + value. e.g. Slack and Google analytics. Ecosystemic evolution must be a priority according to Manolis.

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