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VP | Global Head New Materials & Packaging, Food · 2016 MOST ACTIVE VC IN SILICON VALLEY Rank...
Transcript of VP | Global Head New Materials & Packaging, Food · 2016 MOST ACTIVE VC IN SILICON VALLEY Rank...
WELCOME
Omer Gozen, PhD, MBAVP | Global Head New Materials & Packaging, Food & Beverage and [email protected]
WHAT IS PLUG AND PLAY?
The ultimatestartup ecosystem.
WHAT WE DO
We run over 50 accelerator programs a
year in most major industries and cities
We supercharge the innovation of over 200
major corporations from every continent
We invest in over 160 companies worldwide
every year and co-invest with 180 VCs
Accelerator Programs Corporate Innovation Venture Capital
WHAT WE DO
We accelerateand invest in
startups.
We matchmakestartups andcorporations.
We hostmajor industryevents daily.
Boost Connect Meet
WHAT WE DO
I. We accelerate andinvest in startups.
II. We matchmake startups and corporations.
We run over 30 stage-agnostic accelerator programs a year and invest in over 250 companies.
We match over 270 multinational corporate partners to world-class startups disrupting and incrementally improving their industry.
WHAT WE DO
III. We provide flexibleco-working space.
IV. We host majorindustry events daily.
With a 180,000 sq. ft. building in the heart of Silicon Valley, we have enough room to cater for tiny teams, all the way up to rapidly growing startups.
We host over 700 events a year with high calibre audiences, making our HQ a great place to network.
SOME OF OUR SUCCESS STORIES
Companies in our portfolio have raised over $6B in additional funding.
OUR PORTFOLIO
Investment Portfolio Companies by Valuation
2016 MOST ACTIVE VC IN SILICON VALLEY
Rank Company # of VC DealsSilicon Valley
# of VC DealsUnited States Top Local Executive
1 Plug & Play Ventures 68 80 Saeed Amidi
2 Khosla Ventures 53 63 Vinod Khosla
3 Andreesen Horowitz 40 54Marc Andreesen
&Ben Horowitz
4 Kleiner PerkinsCaulfield & Byers 39 55
John Doerr&
Brook Byers
5 Google Ventures 38 62 David Krane
2017 MOST STARTUP TENANTS IN SILICON VALLEY
Rank Company # of Silicon Valley Tenants/Startups Top Local Executive
1 Plug and Play 426 Saeed Amidi
2 Founders Space 200 Steve Hoffman
3 RocketSpace 160 Duncan Logan
4 500 Startups 109 Christine Tsai
5 Uptima Business Bootcamp 38 Rani Croager
INNOVATION PLATFORMS
Travel & HospitalityEst. 2016
Energy & SustainabilityEst. 2016
MobilityEst. 2016
New Materials & PackagingEst. 2015
Brand & RetailEst. 2013
FintechEst. 2014
Health & WellnessEst. 2015
Food & BeverageEst. 2016
Internet of ThingsEst. 2014
Insurtech / Enterprise 2.0Est. 2016 / Est. 2018
Supply Chain & LogisticsEst. 2017
Real EstateLaunching 2018
SecurityLaunching 2018
NEW
Corporate Innovation
Logistics
Investment
Mentorship
ALL-IN-ONE STARTUP ECOSYSTEM
Networking
EIR Advisors
OfficeSpace
DataCenter
I.T.Services
ServicePartners
Workshops
PitchPolishing
DailyEvents
BusinessDevelopment
VC Co-Investments
ActiveInvestments
DealflowSessions
Match-making
AcceleratorPrograms
OUR CORPORATE ECOSYSTEM
Internet of ThingsMobility
Retail
InsuranceFintech
Travel
Materials
Health
MAIDEN RE
Energy
Food
Enterprise 2.0
Real EstateTech
Cybersecurity
Supply Chain
ParisBerlin (x2)Stuttgart
ON A GLOBAL SCALE
Silicon Valley
Guadalajara
Singapore Jakarta
Shenzhen HangzhouSuzhou
ShanghaiXi’anZhengzhou
Chongqing
Amsterdam
BeijingTokyoMunichNew York
Cleveland
Abu Dhabi
A MONTH AT PLUG AND PLAY
In any given month, we host up to 120 dealflow sessions with major corporations.
SOURCING PROCESS
E.g. Andreessen Horowitz,Canaan, Norwest, Bessemer
VC Partners
E.g. Advantage Austria, CTA (Canadian Technology Accelerator), KISED (Korea), TIECTW (Taiwan)
Government Partners
E.g. Harvard, MIT, Stanford, Berkeley
Universities
E.g. Axel Springer-Plug and Play, Money 20/20,
Web Summit, CES
Events & International
5000startupssourced
E.g. News, CB Insights, Angel List, etc.
Active SourcingE.g. Through websites,
cold outreach, etc.
Inbound Applications
1000 STARTUPSSOURCED
PICK AREAS OFFOCUS
SELECTION PROCESS
100 STARTUPSSHORTLISTED
40 STARTUPSREVIEWED
20 STARTUPSACCEPTED
SELECTION PROCESS
and more…
500startupssourced
Stage 3:Selection Day
Stage 1: Sourcing
Stage 2:Corporate Votes
20startupsaccepted
Stage 4:Program Start
100 startupsshortlisted
40 startupsreviewed
HOW CORPORATIONS ENGAGE
Six private sessions per year
Four startups per session
Two hours per session
Collaborative screening available
Dealflow Sessions Anchor Partnership Executive NetworkEvents
EXPOs conclude each three month accelerator program where 30-50 startups pitch for 3 minutes each with keynote speakers
Meetups are held for each program throughout the year
Dictate the technology focus for the program
Obtain a board seat for the program’s direction
Active champion meaningfully engages with startups during 3 month program
Corporate innovation best practices seminars
Roundtable dinners
Exclusive themed pitch events
DEEP DIVE
DEEP DIVE
CompetitiveAnalysis
BUSINESS CASE FOR CORPORATE INNOVATION PARTNERSHIP
Tech Scout VC Firms Other Top Accelerators Consultants Industry Leading
Events
Economies Of Scale ✓ ✓ ✓
20+ Years Investing Experience ✓ ✓ ✓
10+ Years of Corporate-Startup
Matchmaking✓ ✓ ✓ ✓
10+ Years of Supply Chain Tech Experience
✓ ✓ ✓ ✓Global Startup
Coverage of All Tech Areas
✓ ✓ ✓ ✓Collaborative Industry
Leading Corporate Partners
✓ ✓
We predominantly focus on enterprise-grade startups to meet our corporate partners’ technology interests.
I.Enterprise Solution
II. Stage-Agnostic
III. Global Reach
IV. No Equity Requirement
V. Horizontal Access
We are stage-agnostic so we are able to bring startups of all stages into our platform, providing corporations a full spectrum.
We operate in over 25 locations around the globe, giving our startups an “innovation passport” to new, untapped markets.
Unlike other accelerators, we do not require equity or capital for the startups to join – allowing the best startups to join our platform.
Corporate partners have horizontal access to the latest technology trends from our 14 industry-specific accelerator programs.
COMPETITIVE ADVANTAGE
DEEP DIVE
Subsidiaryslides.
OUR INVESTMENTS
Total # of Domestic Investments
162
84
2016 2017
Total # of International Investments
100
78
2016 2017
VENTURES
# of Startups Accelerated
426
304
205
63
2014 2015 2016 2017
OUR CHECK SIZE
Average Check Size in 2016
72K
Average Check Size in 2017
115K
BEST PRACTICES FOR PLUG AND PLAY CORPORATE PARTNERS
Develop performance indicators centered around startup activity, otherwise business units only engage when extremely passionate about startup
# of startups met# of NDA’s signed# of pilots# of commercial deals# of investments# of acquisitions
KPI’s and Metrics
It is important to streamline business unit interaction and to have a strong champion that has line of site across the various business units and what their needs are, so if they find a startup they can be the conduit back into the appropriate functions
Streamline
It is important to set expectations quickly and decisively. Do not treat startup meetings like ‘petting zoos’
Quick yes ’s and quick no’s. Long maybe’s kill startups and may lead to a bad reputation in the startup community
Set Expectations
Reduce friction as much as possible when engaging with startups by trimming the fat on your NDA’s and MSA’s.
Corporations have hundreds of lawyers and startups have one.
Reduce Friction
DEAL FLOW SESSION – OUR SELECTION PROCESS
Stage 3:Narrow to 6-8 Startups
Stage 1: Tech Interests and Key Words
Stage 2:Long List of 15-20 Startups
DEAL FLOW SESSION
Stage 4:Meet 4 Startups
E.G.
Human Productivity
Office Device Management
Tracking, Localization, Visualization
2 WEEKS 1 WEEK 2 WEEKS
TECH INVESTMENT LIFE CYCLE
Team Forms Launch Development Scaling Potential Exit
INVE
STM
ENT
IN $
TIME
2K-100K: Friends & Family
10K-50K: Incubator
20K-500K: Angels & Accelerators
100K-1.5MM: Accelerators
500K-7MM: VCs
7MM+: VCsRISK PER $ INVESTED
THE INNOVATION OPPORTUNITY GAP
Speed of business change
Rate of technology change in the market
The opportunity gap
FOCUS AREAS
Brand & Retail Internet of Things Fintech Insurtech
Health & Wellness Travel & Hospitality New Materials Mobility
Predictive AnalyticsSupply-Chain ManagementLocation-Based Services
Customer Experience
Connected HomesIndustrial IoT
RoboticsA.I. & Big Data
PaymentsSecurity
Blockchain / BitcoinAuthentication
Customer ExperienceProduct InnovationRisk Assessment
Infrastructure
Big DataCare Delivery
WellnessSensors
PersonalizationBooking & Planning
New Revenue StreamsBrand Loyalty
Material SubstitutesImproved AttributesIntelligent Packaging
Sustainability
Autonomous DrivingConnected VehiclesShared Economy
Electrification
FOCUS AREAS
Food & Beverage Real Estate Security
AutomationFood Safety
Precision AgricultureAnimal Data
Supply Chain & Logistics
Asset TrackingOptimizationAI / Analytics
Supply Chain Optimization
Planning & DesignConstruction
Asset ManagementIncremental Revenue
Access ManagementLegacy IT Infrastructure
Threat & Risk AssessmentMobile
Energy
GenerationDistribution
ConsumptionEnvironment
Enterprise 2.0
GenerationDistribution
ConsumptionEnvironment
NEW MATERIALS & PACKAGING CORPORATE PARTNER NETWORK BY INDUSTRY
Plastics & ResinsPackaging Construction
& Building Materials
Chemicals
Metals / Ceramics / Glass Consumer Electronics