OPENINNOVATIONUNCOVERED

Earlystageglobalventurecapital3ManagingPartners,8TeamMembers

46portfoliocompanies,23ImpactPartners,500+co-investors

FRESCO TEAM

FRESCO IMPACT PARTNER

FRESCO PORTFOLIO

3KeyTrendsShapingtheFuture

1. Software is Eating the World

Imagecredit:Wikimedia

1. Software is Eating the World

SoftwarestillhungryHardwarerenaissanceWetwarewildcard

Technology

1. Software is Eating the WorldTechnology Universe

Imagecredit:SpaceX

Imagecredit:TheOxfordGroup

2. Millennial Wave

2. Millennial Wave

Age0– 181.8BillionAge18– 342.3Billion

MillennialWave4.1Billion

Datasources:BCG,EIU

2. Millennial Wave

Technology“justworks”SocialandvocalDiverse

3. Economics of Excess

Imagecredit:Getty

“There are two kinds of companies –those that work to raise prices and those that workto lower them.”

- Jeff Bezos

3. Economics of Excess

ExponentialnetworkeffectsExtremecostreductionsEconomicconsumersurplus

3. Economics of Excess

Datasource:WhatsApp

42billionmessages

sentperday

Reality Today

TechnologyEatingtheUniverse+ MillennialWave+EconomicsofExcess=What’sYourStrategy?

CaseStudies:Don’tDoThis

Theranos: Secrets Lead to ???

Imagecredit:Fortune

10yearsstealthNopeerreviewCoretech?

The Bank: True Anonymous Story

LaunchanacceleratorDysfunctionalInternetbankingNodigitaldata,yespapermail

CaseStudies:ThisWorksBetter

Tesla: Ride the Cost Curve

Imagecredit:Tesla

Software+hardwareBatterycostcurveOpensource

ChangethecultureAdapttorealityNetworks

Microsoft: Reinvention

Imagecredits:Microsoft

CaseStudies:WhatWeDo

GlobalventurecapitalDiversenetworkPeoplefirst

Lesson1

Forgetstealthsecrets.Dothisinstead:Ride the trends.

Lesson2

Ignorethehype.Dothisinstead:Change your core.

Lesson3

Stoplocalmaximization.Dothisinstead:Find global winners.

“Beingignorantisnotsomuch ashame,asbeingunwillingtolearn.”

- BenjaminFranklin

fresco.vc@tytusm