|1. |2 |3 |4 SKAI Rocket Foundation |5 What Was The Average Age of The Team of Engineers That Built...

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Transcript of |1. |2 |3 |4 SKAI Rocket Foundation |5 What Was The Average Age of The Team of Engineers That Built...

Page 1: |1. |2 |3 |4 SKAI Rocket Foundation |5 What Was The Average Age of The Team of Engineers That Built The Apollo Program…? 26.

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SKAI Rocket Foundation

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What Was The Average Age of The Team of Engineers That Built The Apollo Program…?

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There is Power And Boldness in Youth

Betting on young innovators…to create the American Idol for technology entrepreneurs

• Founded in 1975• $216B valuation• 90,000 staff• B. Gates• P. Allen

• Founded in 1976• $350B valuation• 50,000 staff• S. Jobs • S. Wozniak

• Founded in 1998• $170B valuation• 30,000 staff• S. Brin • L. Page

• Founded in 2004• $80B valuation• 2,000 staff• M. Zuckerberg

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Why Software and Green Tech?Software is “eating the world” - Wall Street Journal, 8.20. 2011

World’s Largest Book Store?

Largest RecruitmentCompany?

World’s Largest Ad Agency?

Largest Telecom Company?

World’s Best Production Company?

Largest U.S. Technology Company?

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Two of The Best Models in America

• Upto $18K in seed funding provided• No more than 12 start-up slots• Offices in NY, Boulder, Boston, Seattle• Open access to program organizers• Smaller alumni network• Funded 69 startups

• $18k average investment, up to $150K• Large number startup slots > 40• Located in Silicon Valley• Restricted hours for mentoring• Large alumni network• Funded over 300 startups

TechStars and Y-Combinator are successful models to help entrepreneurs do startups

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Techstars - Track RecordClass # Companies # Funded # Employees Active Failed Acquired

2007 10 7 68 3 2 5

2008 10 6 82 8 1 1

2009 19 10 116 15 2 2

2010 30 19 132 29 1 0

2011 11 7 47 11 0 0

80 49 445 66 6 8

80 companies started, 445 jobs created, 66 active companies with 8 acquisitions over 5 years

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• The World Cup for entrepreneurs• Create an exciting annual legacy event• Draw the world’s best and brightest to Hawaii • Bring money and talents together• Inspire the young• Advance America’s global leadership in in in in

in innovation

SKAI Rocket

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The World CupFor Entrepreneurs!