An Entrepreneurial Adventure - Beating Silicon Valley
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The document provides an overview of HP Inc., detailing its founding in 1939, early products, and growth into a Fortune 100 company with $52.7 billion in revenue and operations in 170 countries. It discusses the challenges of entrepreneurship and innovation, highlighting the importance of business models and the technology life cycle. Additionally, the document explores concepts of startup culture, innovation clusters, and emerging technologies like 3D transformation and smart machines.
An Entrepreneurial Adventure - Beating Silicon Valley
- 1. VITALY M. GOLOMB @VITALYG AN ENTREPRENEURIAL ADVENTURE
- 2. © Copyright 2016 HP Development Company, L.P. The information contained herein is subject to change without notice. HP Heritage • Silicon Valley’s original startup • Founded in 1939 by engineers Bill Hewlett and Dave Packard • Initial capital: $538 • First product: Model 200A audio oscillator • Earliest customer: Walt Disney Studios
- 3. Today © Copyright 2016 HP Development Company, L.P. The information contained herein is subject to change without notice. 1 Total net revenue is based on non-GAAP segment reporting for fiscal year 2015. Total net revenue is calculated based on total segment revenue, which does not include intercompany eliminations. Fortune 100 company $52.7B revenue revenue in FY15 1 Operations in 170 countries ~50,000 employees Fortune Most Admired #7 in technology 250,000+ Channel partners 18,000+ patents
- 4. The heart and energy of a startup. The brain and muscle of a Fortune 100 company. © Copyright 2016 HP Development Company, L.P. The information contained herein is subject to change without notice.
- 7. GET GOOD GRADES GO TO A GOOD COLLEGE GET IN A GOOD COMPANY GET REGULAR PROMOTIONS RETIRE, PLAY GOLF, DIE NORMAL CAREER
- 8. STARTUP CAREER IF SUCCESSFUL WHAT PEOPLE THINK IT LOOKS LIKE WHAT IT REALLY LOOKS LIKE
- 9. “AS A STARTUP CEO, I SLEPT LIKE A BABY. I WOKE UP EVERY 2 HOURS AND CRIED.” - BEN HOROWITZ
- 12. HOW WHERE WHAT
- 13. HOW
- 14. A STARTUP IS... AN EXPERIMENT IN SEARCH OF A BUSINESS MODEL- STEVE BLANK
- 15. SCALABLE STARTUP TRANSITION COMPANY BUSINESS MODEL FOUND PRODUCT/MARKET FIT REPEATABLE SALES MODEL MANAGERS HIRED BREAK-EVEN PROFITABLE RAPID SCALE NEW SENIOR MANAGEMENT ~150 PEOPLE “A STARTUP IS NOT A SMALLER VERSION OF A LARGE COMPANY”- STEVE BLANK
- 16. CLAYTON CHRISTENSEN’S TECHNOLOGY LIFE CYCLE “S CURVE” PRODUCTPERFORMANCE TIME/EFFORT/INVESTMENT/EXPERTISE RESEARCH MATURITY INNOVATION SWEET SPOT - RAPID PRODUCT & MARKET DEVELOPMENT - NEW SOLUTIONS - SHORT PRODUCT LIFE CYCLES - LOWERING BARRIERS TO ENTRY
- 17. $0 STAGED FINANCING NETREVENUE TIME Source: Jerome S. Engel 2012
- 18. $0 STAGED FINANCING NETREVENUE TIME CONCEPT EARLY VALIDATION MARKET TRACTION SCALE VALIDATION PREDICTABLE SCALE SEED SERIES A SERIES B SERIES N IPO Source: Jerome S. Engel 2012
- 19. Source: Jerome S. Engel 2012 INNOVATION CYCLES PRODUCTPERFORMANCE 1960s 1970s 1980s 1990s 2000s 2010s
- 20. WHERE
- 21. Large Pools of Private Capital Source: Jerome S. Engel WHAT IS AN INNOVATION CLUSTER? Entrepreneurs Venture Capitalists Major Corps/ Strategic Investors/ R&D Centers/ Potential Acquirers Universities Government Professionals Management Public Stock Markets
- 22. INCREASINGPRODUCTIVITYOFCOMPANIES DRIVINGDIRECTIONANDPACEOFINNOVATION STIMULATINGTHEFORMATIONOFNEWBUSINESSES CLUSTERS AFFECT COMPETITION BY… CLUSTERS AND THE NEW ECONOMICS OF COMPETITION -MICHAEL E. PORTER
- 23. Source: Intuit, Telefonica, Startup Genome
- 24. Source: “Clusters and the New Economics of Competition”, Michael Porter, Harvard Business Review
- 25. WHAT
- 26. SOURCE: CHRIS DIXON, WHAT’S NEXT IN COMPUTING? SKATE TO WHERE THE PUCK IS GOING TO BE
- 27. 3D Transformation Hyper Mobility Smart Machines 28 Internet of All Things
- 28. 3D Transformation Hyper Mobility Smart Machines 28 Internet of All Things Blended Reality Experiences
- 30. Hyper Mobility Tomorrow 30 Source: WIREDSource: Singularity Hub
- 31. Internet of ALL Things 31 Source: PCMag.com
- 33. Video Game Playing AI Source: Wired Software that master games better than humans
- 34. Develop a model for how the flatworm regenerates AI System Solves 100 Year Old Science Puzzle Source: Wired
- 35. 1000 units of Pepper, the human- like robot that feels emotions, sold out in a minute. 2015 - First Robot to Recognize and Mimic Human Emotion Source: PC World
- 36. Today 3D Transformation 36 Driving the next Industrial Revolution Industrial Revolution Blueprint design and mass production 3D Transformation Immersive and easier design and Proto-type & Final Part “Digital” production Handmade and time intensive Pre- Industrial Internet Computer aided design and JIT machine production Next Industrial Revolution Democratization of Design and Ubiquitous production
- 38. 3D Transformation Tomorrow 40 Source: Neotech AMT
- 39. 41 4D Printing Source: MIT Self Assembly Lab
- 41. “Fail to plan, plan to fail.” - HILLARY CLINTON