Silicon Valley - It's a Mindset, Not a Place

Silicon Valley

It’s a mindset, not a place.

¡ 5 Realities ¡ 4 Myths ¡ 1 Opportunity

THE AGENDA

Part I THE REALITY

REALITY 1: ZERO SUM GAME

+1

+1 +1

+1 -1 -1

-1 -1

+1 +1

+1

Other Places Silicon Valley

No Winners, No Losers (Optimism!)

REALITY 2: COLLABORATION

Other Places Silicon Valley

Coopetition

Coopetition Wins! ;-)

Competition

REALITY 3: SHARED OWNERSHIP

Increasingly Flat Ownership Structures

REALITY 4: STRUCTURE

Structured for an IPO on Day 1 Founder Vesting for Breakups Founder Control for Value (Class F) Standardized Advisor Structure (FAST)

Start with the End in Mind

REALITY 5: GIVING BACK

Recycle Experience and Returns

1. Arrive 2. Idea 3. Share Ownership

4. Get Help & Capital

5. Grow & Sell

Silicon Valley

Part 2 THE MYTHS

MYTH 1: VC MONEY

VC Money Needs an Ecosystem to Work

Good Companies

Quality Hires

Grow Expand

Partners & deals Liquidity

Merger

IPO VC

MYTH 2: ACADEMIA

You Can’t Teach Entrepreneurship

Passion Idea Talent

Talent is mostly genetic

MYTH 3: FACILITIES

The Top Technology Companies Started in a Garage

MYTH 4: RUB OFF

Visiting Corporate Campuses is Boring and Cubicles Suck

It’s a mindset, not a place.

Part 4 GREAT ENTREPRENEURS

Tested >15K entrepreneurs.

THE TEST

Fluid Intelligence, Big 5 Personality, Trouble Indicators

THE METHODOLOGY

PROFESSIONAL EXPERIENCE

HIGH FLUID INTELLIGENCE

HIGH OPENNESS

MODERATE AGREEABLENESS

BAD FOUNDER DNA

How do founders in different cities compare?

Successful Entrepreneurs: Find out your DNA at

http://FI.co/conference

Great companies start with

great people

It’s a mindset, not a place.

Silicon Valley

THANK YOU!

Adeo Ressi @adeoressi

JOIN THE MOVEMENT:

http://FI.co/conference