Global Innovation Economy: Golden Age of EntrepreneurshipGlobal Innovation Economy:

Golden Age of Entrepreneurship

Kamran ElahianGlobal Catalyst Venture Alliance

IDCEE Conference, KievOctober 2013

Kamran ElahianGlobal Catalyst Venture Alliance

IDCEE Conference, KievOctober 2013

ChaosChaos C

haos

Chaos

Chaos

KamI ranKamI ran

•神乱

24 Years Hi-Tech Entrepreneurship

Global Profile

14 Years Global Venture Capital

17 Years non-Profit/Public

Service

CAE Systems: Co-founder, CAD software, acquired by Tektronix for $75M

Cirrus Logic: Co-founder, Fabless semiconductor, IPO at $150M; peak at $3.5B

NeoMagic: Co-founder, mobile multimedia IC, IPO at $300M; peak at $700M

Centillium: Co-founder, communication IC, IPO at $700M; peak at $4B

Financing/Operating Investment Entities in U.S., Japan, Germany, France, Taiwan, Singapore, India, Israel, Armenia and China; Fluency in English and Persian, limited French and Japanese

Global Catalyst Partners: Chairman and Co-founder

Silicon Valley international, multistage, technology oriented venture capital firm. Invests in leading edge technology companies in the U.S., China, Japan, India & Israel

Global Catalyst Foundation: Chairman and Co-founder – private foundation with mission to improve peoples’ lives through effective application of IT.

Relief International-Schools Online: Chairman Emeritus – humanitarian agency that provides emergency relief, development assistance & program services to vulnerable communities worldwide. Provided Computers and access to the Internet for 6400 Schools in 36 Countries.

UNGAID: Former Co-Chair - United Nations global forum that promotes the use of information and communication technologies in developing countries.

Kamran ElahianKamran Elahian

IT Innovation Value

Manual

Mechanical

Electro-Mechanical

Software

Content

Micro-Electronic

Sewing - Manual Sewing - Manual

Sewing -Mechanical Sewing -Mechanical

Sewing - Electro -MechanicalSewing - Electro -Mechanical

Sewing - MicroElectronics Sewing - MicroElectronics

Sewing - Software Sewing - Software

Sewing - Content Sewing - Content

The Internet of:The Internet of:

Everyone

Anytime

Everywhere

The Internet of:The Internet of:

Everyone

Anytime

Everywhere

The Internet of:The Internet of:

Everyone

Anytime

Everywhere

Everything

Manual

Mechanical

Electro-Mechanical

Software

Content

Micro-Electronic

Incremental Innovation Value

IT Innovation Value

Electro-Mechanical Incremental

Value Electro-Mechanical Incremental

Value

Manual

Mechanical

Electro-Mechanical

Software

Content

Micro-Electronic

Timing Innovation Value

IT Innovation Value

Great Technologies Ahead of Their Time

My Three Failed Companies:

Momenta (iPAD -20 Years)

Cahoots (Skype -5 Years)

Entopia (Meta Search -4 Years)

Manual

Mechanical

Electro-Mechanical

Software

Content

Micro-Electronic

Geographic Innovation Value

IT Innovation Value

Geographic InnovationGeographic InnovationDiaspora In Silicon Valley

• India(Juniper, Cavium), China (Yahoo, YouTube) Israel(SanDisk, Checkpoint), Iran (Ebay, Cirrus Logic), Russia(Google, Evernote),...

Diaspora Of Silicon Valley Culture

• Local and Virtual Incubators (Plug & Play, 500 Startups, Unreasonable Institute,...)

Digital-Divide ------------> Digital Unite

21st Century Education

Interaction, New Ideas

Innovation & Entrepreneurship

Investment

Job Creation

Global Catalyst Foundation

22

Global Start-up Accelerators:Global Start-up Accelerators:Diaspora of Silicon Valley CultureDiaspora of Silicon Valley Culture

Fermi-Tech 10-15

Pico-Tech 10-12

Nano-Tech 10-9

Micro-Tech 10-6

Visible to Eye >100 Microns

Nano-Tech Innovation Value(10-7 to 10-10 meters)

Nano-TechNano-Tech

Altering:

Physical,

Electrical,

&Optical

Properties

Altering:

Physical,

Electrical,

&Optical

Properties

Fermi-Tech 10-15

Pico-Tech 10-12

Nano-Tech 10-9

Micro-Tech 10-6

Visible to Eye >100 Microns

Molecular Biology Innovation Value(10-7 to 10-10 meters)

From Dolly to Super Humans

Dark Side of InnovationDark Side of Innovation

Weapons of Mass Destruction

• (Nuclear, Chemical, Cyber-Attacks)

Big Brother, Rise of the Demonic Robots

Mutant Monsters, Biological Germs

Global Financial Collapse (2008)

• (High IRR Justifies Every Action)

Global Human Values (SPI)

Innovation Value(IT, Nano-Tech orMolecular Biology)

Speculation vs. Innovation

Speculation vs. Innovation

Speculation Capitalism:• IRR Driven that ONLY Benefits Shareholders

Innovation Capitalism:• IRR Driven that Benefits Shareholders,

Employees, Customers, Society and Environment (SPI)

Global Innovation Economy

Innovation (develop a product/service that benefits humanity)

Multicultural (Diaspora)

Global Approach

Acceptance of Failure

Meritocracy

Shared Ownership

Participatory Management

China

SingaporeMalaysiaIndonesia

USA

Japan

Russia

IsraelMENA

India

One Global Fund

GCVA $250M

Leveraging our Global and Local Networks