Travels Round the Internet - 2011

36
Travels around the Internet Saul Klein, Zell @ IDC
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Transcript of Travels Round the Internet - 2011

Page 1: Travels Round the Internet - 2011

Travels around the Internet

Saul Klein, Zell @ IDC

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Financial map of the last 18 years….

1993-2011

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Trying to push old media uphill....

1993-1994

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Riding the first Internet mini wave….

1995-1997

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Watching the ascent from Redmond….

1997-1999

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Experiencing the bubble bursting…

2000-2002

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Going back to basics in Europe….

2002-2004

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The web reaches an inflection point….

2004-2006

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Doubling down on the Internet….

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Doubling down on the Internet….

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Doubling down on the Internet….

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Entrepreneur

Operator

InvestorHusband

Father

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Massive New Realities

1. Global Internet, Local Services2. Broadband Everywhere3. Mobile Devices4. Cloud Computing5. E-Commerce6. Social Graph7. Consumerization of IT8. Cost of Start Ups

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Moving to Maslow’s Web

Communications

Clothing

Communications

Clothing

Discretionary Non-Discretionary

Media

Entertainment

Shopping

Travel

Energy & Housing

Education

Food

Finance

Health

Safety

1993-2003 2004-2012 2012+

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Fact is start ups are really tough

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You have no customers

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No money

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You and your team are fighting an imaginary war

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Armed just with some big ideas

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So what should you be thinking about when you are starting a business…

OpportunityOthers

Ownership

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How big is the opportunity….

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Who are the others….

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What level of ownership is available….

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What should you focus on in the business…?

OpportunityOthers

Ownership

CustomersConversationsConvenience

CostsCompetition

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Maniacal focus on the customer….

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Encourage conversations….

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Offer new levels of convenience….

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Leverage and manage cost structure…

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Let the competition worry about itself…

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Free resources exist to support and educate start-ups

8+ hubs 130+ cities

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Boulder

Leeds

Utrecht

Helsinki Hamburg

Paris

Belgrade

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Go out there, think big, take some risks…

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It’s ok to fail…learn from your mistakes

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Pick yourself up and try again…

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Whatever works for you use it.

Good luck

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Thanks…

@cape

[email protected]

http://localglo.be