Presentación de Pere Condom en el Euncet Digital Day.

1. Economia d’startups
EUNCET
15 de Maig de 2018
Pere Condom Vilà
Programa Catalunya Emprèn - Generalitat de Catalunya

4. Atomico - State of European Tech Report

5. Atomico - State of European Tech Report

8. 300 new
startups per
year
Seed & Risk capital
500 M€
1,000 M€ per
year in Exits
Catalan Ecosystem
2,000 startups

9. Main investments 2015 – 2016
1. Letgo (100M$)
2. Wallapop (38 M€)
3. CornerJob (10+25 M$)
4. Stat Diagnostica (25 M€)
5. Minoryx (19,5 M€)
6. Digital Origin (15 M€)
7. Typeform (13,3 M€)
8. Oryzon (12 M€)
9. Aelix Therapeutics (12 M€)
10. ABA English (12 M$)
11. Inbenta (12 M$)
12. Kantox (10 M€)
13. Verse (8M$)
14. TravelPerk (7 M$)
13. iContainers (6,7 M$)
14. Ulabox (5 M€)
15. Glovo (5 M€)
16. Agile Contents (4 M€)
17. AlbaJuna Therapeutics (4 M€)
18. Leukos Biotech (3,5 M€)
19. Deporvillage (2,5 M€)
20. Nubelo (2,5 M€)
21. Captio (2,3 M€)
22. Worldcoo (2,3 M€)
23. Inbiomotion (2,2 M€)
24. IDP Pharma (2 M€)
25. Red Points (2 M€)
26. Medtep (1,8 M€)
27. Innoquant (1,8 M€)
28. Iproteos (1,5 M€)
29. ByHours (1.5M€)
30. Tviso (1.5M€)
31. Lodgify (1,4 M€)
32. Nanusens (1.3M€)
33. Winko (1,2 M€)
34. Captio 1M€
35. Nautal (1M€)
36. Animalear (1M€)

10. 2017 - The best year
140 DEALS / €620M +
An increase of more than 50% in relation to
2016 !

11. 1. Privalia – Vente Privée (500 M€)
2. Social Point – Take Two ($250M)
3. Infojobs - Schibsted (185M€)
4. Edreams - TA Associates (150M€)
5. Milanuncios - Schibsted (100M€)
6. Softonic - Partners Group (82,5M€)
7. Trovit - Next (80M€)
8. BuyVip - Amazon (70M€)
9. Letsbonus - LivingSocial (50M€)
10. ReviewPro – Shiji ($35M)
11. Password Bank - Symantec (25 M€)
12. Akamon - Imperus Technologies (25,5M$)
13. Zyncro - Desarroll. Rio Paraná (20 M€)
14. WuakiTV - Rakuten (15M€)
15. Niumba - TripAdvisor (12 M€)
16. SITMobile - Soprano
17. Iceberg - Pinterest
18. Lucierna - Smartbear
19. Bibulu - Mydogbuddy
20. Signadyne - Keysight Technologies
21. WebCargoNet - Freightos (Israel)
22. 3scale - RedHat
23. Voz Telecom (IPO)
24. Atrys Health (IPO)
25. Nubelo - Freelancer
26. Trip4Real – Airbnb
27. Bellahora – Miora (Colombia)
28. NUB3D - ABB
29. Habitaclia – Schibsted
Main exits

12. Airbnb has acquired Barcelona-
based ‘peer-to-peer travel’
startup Trip4real
By Robin Wauters. September 17th, 2016.

16. 1. Incubio
2. Connector
3. Seedrocket
4. SHIP2B
5. Go BCN Startups
6. Barcelona International Business
Accelerator
7. ATIPICS
8. Itnig
9. 101startups
10.Grupo ITNET
11.Inspirit
12.Intercom
13.MODA22 Makers
14.Intelectium
13. Antai Venture Builder
14. Blockchain Space
+30 Incubators & Accelerators & Venture builders
17. Lánzame
18. Spire Bioventures
19. Testabit
20. Wayra
21. The Founder Institute
22. StartupBootCamp
23. Impact
24. Startup Catalonia: 7 accelerators
25. European Space Agency Business Incubation
Centre Barcelona
26. Akola Venture Builder
27. Sharing Accelerator
28. The Carrot Cake
29. Nuclio
30. Bloomium
31. Reimagine Drone

17. Fablabs, Makers & Coworking spaces
FAB LABS of MIT network in Catalonia
• Fab Lab Barcelona
• MADE
• TestLab21
• Green Fab Lab
• Tinkerers Fab Lab
• Beach Lab Sitges
• MOB Makers of Barcelona
• Imagine Creativity Center
• FabCafe Barcelona
• Betahaus Barcelona
• Impact HUB Barcelona
• 190 coworking centers in Barcelona and Catalonia (Cowocat)
Fab labs provide widespread access to modern means for
invention. They began as an outreach project from MIT’s
Center for Bits and Atoms (CBA), and became into a
collaborative and global network.
Concept and photo from Fab Lab Vestmannaeyjar, Iceland

18. 1. @MWCapital
2. @4YFN_MWC
3. Smart City Expo @SmartCityexpo
4. IOTS World Congress @IOTSWC
5. Sònar+D @sonarplusd
6. BLE @bcnentrepreneur
7. Biz Barcelona @bizbarcelona
8. @StartupGrindBCN
9. @Challenge_rs
10. www.gamelab.es/2016
11. Barcelona Startup Week
12. Healthcare Investment Forum
13. @accio_cat Investment Forum
14. @PrimaveraPro Startups
15. @3DSBarcelona
16. OuiShare Fest Barcelona 2016
17. This Way Up @ThisWayUp_
18. NewCo @newcobcn
19. TechDemoDay @LaSalleTechnova
20. @Uwakeupbcn
+60 Key Events in the Catalan ecosystem
21. INNY meetings
22. ODDER meetings
23. @ironhack Barcelona
24. #kinnernetcat2016
25. Dia emprenedoria Sud Catalunya
26. jornadesrdi.cat
27. @InnovaBarcelona
28. Entrepreneurship Day ESADE
29. DLD Barcelona
30. Startup Weekend Barcelona
31. Startup Next Barcelona
32. Fuckup Nights Barcelona
33. Pathways 2016 Barcelona
34. @FestUpBCNl
35. Barcelona Design Week 2016
36. IN(3D)USTRY @in3dustry
37. @LegalHackathon
38. angelhack-barcelona-2016
39. Three Headed Monkey Awards
40. Weekend Challenge @Tecnocampus
41. Catalunya Emprèn Congress
42. #jornadaemprenedoria Sant Cugat
43. Biz Marathon Igualada
44. @Ent_Ex
45. @DataBeersBCN
46. @ingraciaEvents
47. @MIDbarcelona
48. Startup’s Demo Day @UPC_School
49. Nuclio Weekend @NuclioVB
50. Big Data Congress
51. @_twenty50_
52. Mostra Emprenedors Girona
53. Meetup Barcelona Internet Startups
54. Meetup Startup Founder 101
55. Meetup Community of Digital Nomads
56. Meetup BCN Startup Team
57. La Salle Business Angels School
58. @igniteBCN
59. @FirstTuesdayBCN
60. @Drinkpreneurs
61. Lady Problems Hackathon - Barcelona

19. Corporations working with startups
1. Bayer
2. Seat
3. Telefónica
4. Banc Sabadell
5. Agbar
6. Hotusa
7. Ogilvy
8. Ficosa
9. Fluidra
10.Promaut
11.Sorigué
12.Torras
13.Leroy Merlin &Netmentora
14.Guirbau
15.Grupo Z
16.Open Trends
17.Suara
18.Casa Ametller
19.Grupo Sifu
20.Zobele
21.Vallformosa
22.Port of Barcelona
23.CELSA
24.Sanofi
25.Tenkan-Ten de ACSIS
26.Seidor
27.InnovaHub - Gas Natural Fenosa

26. They look for ?
• Complementing company’s own products with external innovation, coming from
startups
• Diversifying, in areas where the company does not have deep knowledge,
because those areas are based on basal technologies other than the company’s
own and because address not known markets.
• Improving the organization itself
• As a mechanism for attracting talent
• Contact with specific business opportunities
• Immersion in a global ecosystem
• A window and a jump to the future

27. Why?

28. The accelerating growth of technology, which has doubled every 200 years since 1400
Image: Michael Lee, SA Museum

29. the attempt to build the
best computer with the
existing technology at that
time
The computing power that can be purchased per unit cost has doubled every two years

30. Adoption of technologies by users has traditionally followed a pattern of curve S
Adoption of technologies

31. Big Bang Disruption: Strategy in the Age of Devastating Innovation

32. Curves of adoption of certain technologies in common use: telephone, electricity, etc. etc.
Adoption of technologies
Today, the adoption curve of certain new technologies is almost a vertical line

33. Adoption of technologies
Another way to look at it: time needed for innovation to reach 100 million users

34. Adoption of technologies
Another perspective: the valuation of the companies responsible for the disruption

35. 1. A high rate of disruption
2. A very fast process of technology adoption
Both factors (+disruptions and -time of diffusion) introduce enormous challenges in
traditional companies
Remember! A new technology means (in many cases) the vanishing of existing
companies and sometimes of entire sectors
Summary

36. 1. Established companies
2. public research centers (universities, hospitals etc.)
Traditionally, technology has been created in TWO PLACES:
Due to: 1) The acceleration of tech change and 2) to the
expectations on technology, in recent years there has appeared a
new actor: Startups

37. • Speed
• Money
o To gain speed, startups concentrate developments and milestones in few years
o They can do that only with money, supplied by investors, who take equity
o In general, established companies don’t loss equity for assuming new developments
• Expectations
o Investors (in exchange of their money) want to see a “promising future”
o They have expectations and they want to believe in a big potential final deal
o So, EXITS are the focus of those investors
• Exits
o Acquisition of the startup by a big corporation
o IPO
• An innovation
• Global potential impact
• Risk
• Talent
• The process (incubators, accelerators, venture builders…)
• Management (Lean, Agile, Design Thinking ...)
• Culture
Startup ?

38. Startups provide disruption based on the constant search of opportunities and needs
The major societal challenges: fundamental objectives of those startups
But traditional companies see also startups as a way of innovation!
• Corporate Venturing today has extended and systematized.
• Established companies define challenges to the startups and then buy them (after having
transferred the risk to other actors: entrepreneurs & investors & accelerators…)
• Biotech is the reference model. Big Pharma has delegated development of new drugs
Startups

40. Failure
• But the startup process is something
uncertain
• Awareness of randomness generates a
real entrepreneurial process where all
stakeholders are aware of risks they
take and share.
• Failure is a highly probable scenario
absolutely accepted.
• So, if entrepreneurs fail, they try again
ISRAEL

41. Economical process for a city or region
1,000 new
startups per
year
Seed & Risk
capital 4,500M€
+10,000M€ per
year in Exits
Israeli Ecosystem
6,000 startups
Selling technology encapsulated in the form of startups

42. New Concepts linked to the
ENTREPRENEURIAL ECOSYSTEMS

43. TALENT is mobile and itinerant
Global Competition for talent !
• Something not new (Science). But new in the Innovation Systems and in the
entrepreneurship arena.
• 25% of the CEOs of Barcelona Startup ecosystem are foreigners
• VISAs for entrepreneurs
• Digital Nomads…

44. New models also for Education? Challenges
• Entrepreneurs address challenges
• Hackatons, competitions…
• Schools & Universities start using those methods

45. +100 startups’ ecosystems in the world?
It is already a global phenomenon

46. 11) The phenomenon reaches places traditionally economically complicated

47. • Slush Helsinki (slush.org)
• 4YFN Barcelona (https://www.4yfn.com)
• StartupFest Europe ‘17 Amsterdam (startupfesteurope.com)
• The Next Web Conference Amsterdam (https://thenextweb.com)
• TAU Innovation Conference TelAviv(http://tau-innovation.com)
• Websummit 2017 Lisbon (https://websummit.com)
• Startup Camp Berlin (https://scb17.de/)
• South Summit Madrid(https://es.southsummit.co)
• Vivatech Paris
• Techstarts: Disrupt London, Disrupt Berlin, Disrupt San
Francisco, etc.

48. A new culture of Makers

49. New work spaces

50. Statups management methods transferred to established companies