Managing the Idea Buffet

As a follow-up to my post on what an EIR does, I promised to share a little more detail on how I practically go about filtering ideas. Effective filtering, choosing what to engage in and what to respectfully decline fast can be the pillar of effective time management in any case, but even more so when you are growing your own startup ideas list or get bombarded by incoming shiny new things through the dealflow at a firm like Andreessen Horowitz or while networking outside.

The tool I chose to increase control of the process is super simple: write down the list of properties that define an inspiring next venture for you. And then, iterate through discussions.

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Looking at Europe from Silicon Valley at Slush 2013

The fabulous Slush crew has posted a 13 minute video of my speech on how does European tech scene look from Silicon Valley these days:

If you rather prefer long form reading (and to contribute to discussion), this short version later expanded into a series of 3 blog posts :

 


So… What Does an EIR Actually Do?

This has been a persistent question since I started my Entrepreneur in Residence gig at Andreessen Horowitz, and one that I have had to both figure out for myself and explain over and over again. If you explicitly search for it, you can find an occasional article or Quora thread on the topic – but as people rightfully point out in those, it is a rather vague role that varies in each case and from VC firm to firm. So, once-and-for-all, here’s what it’s been like for me so far.

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On Bridges, Part 3: What Can Europe Give to Silicon Valley?

Bridge_drawingThis is the final post of 3 contemplating how Silicon Valley and European tech scenes could get closer to each other. The series are an expansion of a short speech I gave at Slush conference in November 2013 – video of which should be online soon. I believe this topic calls for more discussion and thinking along than 15 one-directional minutes on conference stage allowed. To get up to speed, read Part 1 and Part 2 here.

After looking at the widening gap between European and Silicon Valley tech scenes and establishing that the usual first priority, raising money from the other side might not be the most feasible way to fix this – the questions becomes: how can we build more non-financial ties between our scenes?

As US is not paying close attention I believe that the key to the solution is on the European side. And to succeed in driving this change in relationships, Europe needs a mindset shift.

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On Bridges, Part 2: Why Should Europe Care for Silicon Valley

Bridge_drawingThis post is 2nd of 3 discussing ways Silicon Valley and European tech scene could get closer to each other. The series are an expansion of a short speech I gave at Slush conference in November 2013 – video of which should be online soon. I believe this topic calls for more discussion and thinking along than 15 one-directional minutes on conference stage. As an intro, see Part 1 here.

Europe’s tech scene is buzzing. Those of us who have been on both sides can attest that the people innovating there, business models attempted and technologies applied in Europe are very much aligned with what’s happening in Silicon Valley, despite of the separation. So it would make sense to link up more, right?

As a healthy sanity check before jumping to that conclusion, let us ask: why would we need stronger ties? Looking from Europe, that is.

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On Bridges, Part 1: Realizing how Europe and Silicon Valley are drifting apart

Bridge_drawingThis post is 1st of 3 in the series aimed at discussing ways Silicon Valley and European tech scenes could contribute to and gain more from each other. The series are an expansion of a short speech I gave at Slush conference in November 2013 (video of which should be online soon) but I believe this topic is calls for more discussion and thinking along than 15 one-directional minutes on conference stage.

If you were to sit in the audience of any European tech summit these days you get soaked in action around you. Would it be TechCrunch Disrupt Europe, LeWeb, or the raising 5000-attendee rocket of the region, Slush in the November darkness of Helsinki – there is no arguing that the European startup scene is in its most bustling, vibrant shape ever.

Yet, a lot of this exciting renaissance seems still to be constrained to the Old World continent.
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VC Funds Go Where Immigrants Come From

Thinking about the linkages between US and European tech investment and startup scenes ahead of the Slush conference in 10 days, I found an interesting paper: Deal or No Deal: The Growth of International Venture Capital Investment (PDF here) by Pandya and Leblang of University of Virginia.

Recommended reading in full for anyone who cares about intercontinental talent and capital flows, but I just wanted to share this fascinating graph:

immigrantinvest

You can often hear how foreign investments and emigration are discussed as linearly opposite ends of a see-saw: if you get more of cash invested into your country from abroad your skilled talent can stay home and build companies there as opposed to seeking interesting challenges abroad. What the authors show here is rather a two-way street, another re-inforcing cycle where the movement of talented people will eventually build into increased cross-border investment of capital:

We find that US VC firms invest more frequently in countries that have large populations of skilled migrants residing in the US. In stark contrast to existing FDI research, we find that recipient countries political institutions have limited  influence over the volume of venture capital deals.


Uudsus-tasakaal

Ajujahi konkursi korraldajad küsisid, kas paari aasta taguse zhüriiliikmena oskaksin toona nähtu põhjal üldistada mõne soovituse tänastele äriideede nuputajatele. Panin kirja alljärgneva, ilmus Ärilehes ka.

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Computational Social Science

I have recently been intrigued about the evolving science of social network analysis (SNA) and the potential novel yet practical applications of it in growing businesses. So the timing of the 3rd Annual Stanford Conference on Computational Social Science, hosted by IRiSS could not have been better.

Fun day with very cool thoughts, from the keynote of the superstar in the field, Duncan “small worlds” Watts to very practical insights from Facebook and Google scientists to usage of SNA on unusual datasets such as the englightement-era snail mail metadata (who was the bridging node between Voltaire and Ben Franklin?) to the intricacies of linguistic change (“aroma” getting replaced by “smell”) in beer enthusiast forums.

Some assorted notes and further reading links are below.

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First Decade of #SkypeMafia

skypemafia - full plot - thumbnail

On August 29th Skype is celebrating its birthday. As it did as a small European-rooted startup, so it does as a product in the portfolio of Microsoft. This time it is a round one, too: first 10 years. Sending the best wishes to all the friends who have built and are building Skype over these years, I figured it would be a good time to give in to an idea that has been in the back of my mind for a while: what would it look like if someone somehow visualized the impact of the company Niklas, Janus & a bunch of Estonian engineers started in 2003 to the broader startup ecosystem?

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