Open Innovation 2.0 - Dan marom parallel 1 final
-
Upload
dcsf -
Category
Technology
-
view
1.807 -
download
0
description
Transcript of Open Innovation 2.0 - Dan marom parallel 1 final
The Crowdfunding
Revolution
EU Open Innovation 2.0 ConferenceDan Marom | Dublin | May 20, 2013
23 million articles
100,000 contirbutors
285 Languages
365 million readers
The Crowd Empowered Organization
About me
www.danmarom.comEntrepreneurial Finance
Crowdfunding is the collective effort of individuals who network and pool their resources, usually via the Internet, to support efforts initiated by other people or organizations. - Wikipedia
"crowdfunding is an important contributor to the democratization of innovation – the biggest paradigm shift in innovation since the Industrial Revolution.“
- MIT Professor Eric von Hippel
More than 500 Crowdfunding
platforms
12
34
May 16, 2013
P2PP2B
EquityBased
CF
1.1 Million campaigns
27% Social causes, 20% Art, 17% Business.
2012 = $2.7BN
2012 = $2.7BN↓
2013 = $5.1BN
↓
Europe – 35% of the total global funding, 42% of the campaigns.
Crowd-Engagement
Crowdfunding is much more than (only) money
Crowd-Engagement
!
Growing CF Applications Accelerating INNOVATION
Call for ACTION Regulation
EducationResearch
“Yesterday, it was a big deal if you could get Intel to invest in your company. Tomorrow, you will seek funding from 500 Intel employees, who are all better qualified to vet your technology startup than 90% of the people in Intel’s investment arm. These crowdfunders are also willing to make a decision to invest in six hours rather than six months.”
- Fred Trotter
“Yesterday, it was a big deal if you could get Intel to invest in your company. Tomorrow, you will seek funding from 500 Intel employees, who are all better qualified to vet your technology startup than 90% of the people in Intel’s investment arm. These crowdfunders are also willing to make a decision to invest in six hours rather than six months.”
- Fred Trotter
“Yesterday, it was a big deal if you could get Intel to invest in your company. Tomorrow, you will seek funding from 500 Intel employees, who are all better qualified to vet your technology startup than 90% of the people in Intel’s investment arm. These crowdfunders are also willing to make a decision to invest in 6 hours rather than 6 months.”
- Fred Trotter
Thanks!Dan Marom | [email protected]