15.11.2017

FounderTalks.org: A private session with Silicon Valley founders in Vienna

The next FounderTalks.org event will take place in Vienna on February 16th, 2018. We talked to founder and organizer, Audrey Kim, about her mission and how everything started.
/artikel/foundertalks-org-a-private-session-with-silicon-valley-founders-in-vienna
(c) Audrey Kim
kooperation

Der Brutkasten is not going to report on what happens at the upcoming FounderTalks.org event taking place in Vienna on February 16th, 2018. The reason being that everything that happens at this annual invite-only event is off-the-record. Startup founders, investors and corporate innovation managers must be invited to this private event with a very focused approach. Though the event itself is discerningly small, there is nothing small about its program and impact. The founders of WordPress, Google Analytics and Reddit were present in past years, and are just a few names among the all keynote-level speakers/mentors whose individual companies average valuations, exits or IPOs above one billion US-Dollars.

FounderTalks.org is already accepting applications for the upcoming event. The invitations are given on a rolling basis and the event is limited to 100 participants in order to keep the small mentoring session ratio. The event focuses on curated advice, exclusive content, personal relations and networking. Open applications are accepted from founders, investors, accelerator/innovation leaders, and those interested in entrepreneurship (85 percent of the invitations are reserved for startup founders. The rest goes to investors, innovation managers, corporates and accelerators).

FounderTalks.org started in 2014 in Vienna by Audrey Kim (formerly YCombinator, Google, United Nations, Cruise Automation), Andreas Klinger (Co-Founder diesocialisten.at, now Product Hunt) and Michael Ströck (Co.Founder Kochabo.at and Gustav). Der Brutkasten talked to founder Audrey Kim about the idea behind FounderTalks.org and her vision for the future.

⇒ Apply for the event here


How did you come up with the idea of FounderTalks.org? How did everything start?

After working for YCombinator in 2012, several conferences, accelerators and government organizations developing startup initiatives around Europe and Asia began asking me to help them source speakers from Silicon Valley for their events. It was a lot of fun to fly around to all the different countries and organize the spectacular events, but once I settled back in Vienna (where I have been living part-time since 2009) I wanted to create something optimized for bridging my two homes, San Francisco and Vienna in a personalized and sustainable way.

I’m not a particular expert in any tech field, but because I’ve spent so much time working in different tech industries and cities, I’m often making 1:1 introductions between people working on interesting things who could mutually benefit from knowing each other. FounderTalks.org was a way to scale this by bringing together a curated group of great people at once and creating a platform for candid conversations (events are off-the-record) and personal connections (mentor sessions and reception). The goal was to foster a community of entrepreneurial-minded people who would want to help each other out.

+++ Interview: In diese Startups investiert Wesley Chan von Google Analytics +++

That sound like a lot of work for a good cause. Where did you take your motivation from?

My original motivation for creating FounderTalks.org was two part. First, I selfishly wanted to get my friends from the US, many of whom are founders and investors, to visit Vienna more regularly while I was here. The best way to do that seemed to be to get them to invest in Vienna and to make them fall in love with the city as much as I have.

By making FounderTalks.org invite-only and curating for high-calibre and high-potential founder attendees, we offer good dealflow for investments, and create an event where the speakers and mentors themselves are excited to get to know the attendees and engaged with the interesting things they are working on. Many of our past speakers and mentors have stayed in touch and invested in the founder attendees. Additionally, the reason FounderTalks.org is always organized around a Viennese Ball is because we take the speakers to one after the event so they get to experience this enchanting bit of uniquely Viennese culture. I also arrange Viennese Waltzing lessons before so Vienna is adding a bit of culture and fun to the Silicon Valley. Maybe we’ll eventually be able to have Ball Season in San Francisco, too!

Second, I love Vienna, and not only do I think it’s the most beautiful city in the world, I believe Austria has a lot to offer the world with its illustrious culture, great infrastructure and diversity of talented people. It has great potential to become a center for innovation and already is one for culture.

“I don’t think Austria should try to make Vienna “the next Silicon Valley”. The Silicon Valley is the best Silicon Valley because it is itself.”

 width=
(c) foundertalks.org: Impression from a previous event.

So could Vienna become the European or at least the CEE-Silicon Valley?

I don’t think Austria should try to make Vienna “the next Silicon Valley” as many cities are aspiring to be. The Silicon Valley is the best Silicon Valley because it is itself, which includes its unique history, location and inertia which is not duplicable. Rather, I think Austria’s impact will be stronger by identifying its natural, unique strengths, and taking into account what levers it can effectively pull to optimize for a fecund environment of innovation and industry that might look very different from what Silicon Valley is today, but be just as powerful in its own way.

As Andi (Klinger) said, a big impediment for startups in Europe is that it is difficult to scale outside of one’s own country as there is a lot of overhead to expanding country by country with different languages, laws, and geographies. I agree with Andi that making it easier for startups to scale and work at a European level will be beneficial, especially for founders with B2C business models for whom scaling by people is important.

Also, I see that aside from traditional B2C and B2B business models, there is a lot of opportunity now for earlier tech heavy development that are more culturally agnostic. For example, self-driving cars, artificial intelligence, machine learning, AR/VR, in addition to the supporting hardware (like GPUs and Lidars).

I can’t speak to the ins-and-outs of growing a startup from scratch since I’ve not founded one myself — my expertise and what I enjoy doing is in cross-cultural community growth and development, scaling, business analysis and event planning from my experience with Google, the United Nations, YCombinator and Cruise Automation.

To those points, Austria not only has great universities and resources for research and development, Vienna is uniquely a geographical nexus point between Western and Eastern Europe. Also, over 70 percent of the country speaks English, so there is a higher probability that there will be a denominating language between all the best people around the world to work together. This means that there are fewer barriers to both having experts in tech heavy ventures from all over the world come together in Austria, and for Austrian based companies to scale globally (since English is currently the lingua franca).

When did you first meet Michael and Andreas and why did you decide to do FounderTalks.org together?

I think I originally got connected to Andi from a mutual acquaintance because we each wanted to learn from the other more about the Austrian and SV startup ecosystem. As for Michi, I got a hold of his number somehow and cold-called him to ask for free food from Ströck-Brot for a FounderTalks.org pilot event to keep costs down. He said no for that event, but now if you come to FounderTalks.org events, you get delicious Ströck food! I immediately liked Andi and Michi when I first met them. I think it was mutual? (laughs) And we quickly became friends and have now been for five years. We also had a shared belief in the importance of building a community for our vision of an ideal startup ecosystem, so when I proposed the initial idea of FounderTalks.org they helped to refine the concept with their expertise and insights. And then we just started organizing it. I don’t think we realized going into it how much work it would be. We joke now that FounderTalks.org started as a very expensive and time-consuming hobby.

After the first years of FounderTalks.org: What were your biggest learnings so far? Did you change your approach or your philosophy since the beginning?

FounderTalks.org is organized in three parts: Talks/Q&A, Small Group Mentor Sessions and Social Reception. The Talks/Q&A are off-the-record to enable candidness and insights not usually shared in highly publicized events. For the Mentor Sessions, our speakers break out into small groups with the attendees in ratios of 1:10 to talk more in-depth about the individual’s needs. And so folks can get to know each other personally. We pair attendees with the mentor who seems most suited or has aligned knowledge for what they’re working on. At the Reception, all our Speakers/Mentors are out and about eating and drinking with the attendees, so everyone can have the opportunity to connect with all speakers even if they weren’t paired with them as mentors. It’s also a great setting and for all our invited guests to connect with each other. We limit the number of invited guests to 70-100 in order to maintain low ratios for Mentor Sessions and to promote community building at the Social Receptions.

We got so much positive feedback after the first event about how valuable and special the Mentor Sessions were that we doubled the number of Mentor Sessions in the last two events. Now for our 4th event, we will host two break-out groups so attendees meet with two different Speaker and Mentors at the event. Attendees also expressed that they gained a lot of value from the unique content of the talks, which I think is due to the speakers knowing what they say is off-the-record, and because they are speaking to an invite-only audience so we will continue to keep the events small and well curated.

+++ Edward Kim von Gusto im Interview: “Scheitern war nicht erlaubt” +++

What are your future plans?

I think we’ve created something really special and powerful. A lot of that potency comes from the curation and small, private nature of the event. So the core FounderTalks.org event will remain founder-focused, off-the-record, and invite-only small batches in Austria.

I also see potential to impact the ecosystem and aid innovation by building more integration between founders, investors, corporations and government agencies both across Europe and the US. I plan to grow the program to liaise between and be optimized for what each of these pieces of the ecosystem needs. I’m not sure yet what the most impactful form or arrangement will be, but it could be in the form of spin-off corporate and government events, and hopefully events in the Silicon Valley forAustrian-based companies an organizations. Right now I’m taking time to meet with these different players to learn more about them and am thinking about how we can best build a stronger community together. Basically though, I believe helping to make experts from different worlds curious about and respect each other, then allowing a safe space for them to talk and get to know each other is a winning formula for innovation and creation.

Recently there were more and more comments predicting the end of the startup era (at least in Silicon Valley). What is your opinion on that?

The people saying those things are probably not going to be the ones creating the next big startups.


⇒ Apply for the event here

Deine ungelesenen Artikel:
15.11.2024

Wann knackt Bitcoin die 100.000-Dollar-Marke?

Crypto Weekly #152. Die vielbeschworene Marke von 100.000 US-Dollar rückt für den Bitcoin-Kurs näher. Aber was bedeutet sie wirklich?
/artikel/crypto-weekly-152
15.11.2024

Wann knackt Bitcoin die 100.000-Dollar-Marke?

Crypto Weekly #152. Die vielbeschworene Marke von 100.000 US-Dollar rückt für den Bitcoin-Kurs näher. Aber was bedeutet sie wirklich?
/artikel/crypto-weekly-152
Bitcoin Crypto Weekly
Foto: Adobe Stock
Crypto Weekly
Abonniere unser wöchentliches Krypto-Briefing – was passiert gerade in der Branche und was bewegt den Markt?
Jeden Freitag

Die Kurstafel:

📈 Bitcoin erstmals über 90.000 US-Dollar

In der Folgewoche hatten wir an dieser Stelle schon das Bitcoin-Rekordhoch thematisiert, das unmittelbar nach den Wahlen in den USA erreicht worden ist. Seither ging es weiter deutlich nach oben - zwischenzeitlich sogar über die 90.000-Dollar-Marke. Auf 7-Tage-Sicht liegt der Bitcoin-Kurs 18 Prozent im Plus. Und das nach einer bereits starken Vorwoche, die schon einen klaren Kursanstieg gebracht hatte.

Der Hintergrund ist klar: Die US-Kryptobranche hofft auf einen Kurswechsel in der Politik, nach dem Donald Trump die Präsidentschaftswahl für sich entschieden hatte. Trump hatte sich im Wahlkampf als Bitcoin- und Krypto-Befürworter positioniert. Dabei hatte er auch immer wieder den Kurs der Biden-Regierung kritisiert. Die Börsenaufsicht unter dem von Biden eingesetzten Behördenchef Gary Gensler war insbesondere in den vergangenen beiden Jahren scharf gegen viele Akteure aus der Branche vorgegangen. 

Gensler wird nun abgelöst werden, so viel ist klar. Wer ihm nachfolgt, ist noch offen. Die Stimmung in der US-Kryptobranche könnte so beschrieben werden: Jede andere Person ist besser als Gensler. Die Hoffnung ist aber natürlich, dass möglicherweise sogar eine explizit krypto-affine Person den Posten erhält. Noch ist dies aber offen. Wie auch vieles andere, was die neue Trump-Regierung angeht. 

Aber es geht nicht nur um die Regierung. Denn gleichzeitig mit den Präsidentschaftswahlen wurden auch zahlreiche Sitze im Senat und im Repräsentantenhaus neu gewählt. Und Auswertungen der US-Kryptobörse Coinbase zufolge reüssierten dabei viele Kandidat:innen, die der Branche aufgeschlossen gegenüber stehen (siehe Crypto Weekly #151). Dies erhöht die Chancen, dass die Regulatorik in den USA in den kommenden Jahren günstiger für die Branche werden wird.

🤔 Wann knackt Bitcoin die 100.000-Dollar-Marke? 

Zusammenfassend kann man sagen: Die US-Kryptobranche hofft auf einen Kurswechsel in der Politik - und damit auf bessere Zeiten. Wirklich Konkretes weiß man aber noch nicht. Der Markt ist aktuell also primär von Hoffnung getrieben. Diese ist durchaus berechtigt, aber eben auch mit viel Unsicherheit verbunden. In den kommenden Wochen und Monaten wird sich nach und nach zeigen, was alles Realität werden wird. Die Position des Chefs der Börsenaufsicht wird dabei sicherlich eines der zentralen Themen sein. Aktuell preist der Markt aber einfach eine Verbesserung gegenüber dem Status Quo ein.

Mit zwischenzeitlich über 90.000 US-Dollar hat sich der Bitcoin-Kurs auch schon der immer wieder beschworenen Marke von 100.000 Dollar angenähert. Im Bullenmarkt von 2021 entstand etwa der Social-Media-Trend, dass Bitcoiner:innen ihre Augen in ihren Profilbildern durch Laseraugen ersetzen - und zwar, so die Ankündigung, bis der Bitcoin-Preis 100.000 Dollar erreiche. 

Im damaligen Cycle war allerdings dann bei knapp über 70.000 Dollar Endstation - und ein “Kryptowinter” brach an, der auch den Bitcoin-Kurs massiv nach unten drückte. Im Zuge des Debakels rund um die Pleitebörse FTX sank er bis auf deutlich unter 20.000 Dollar. Zu diesem Zeitpunkt schien die 100.000-Dollar-Marke völlig unerreichbar.

Zwei Jahre später sieht die Situation ganz anders aus. Nach dem bereits starken Jahr 2023 mit einem Plus von rund 150 Prozent ging es 2024 noch einmal weiter nach oben. Schon im März wurde der Höchststand aus 2021 überschritten. Im November dann neuerlich. Dazwischen lag kein spektakulärer Bullenmarkt, der die Schlagzeilen dominierte - aber nach und nach rückte die 100.000er-Marke plötzlich näher. 

🤭 Warum die Antwort darauf egal ist

Mit einem Bitcoin-Kurs von aktuell knapp unter 90.000 Dollar bräuchte es nur noch einen Kursanstieg von etwas mehr zehn Prozent. Und einen solchen kann es am Kryptomarkt durchaus schon einmal an nur einem (starken) Tag geben. Dass die Marke in den nächsten Wochen überschritten wird, ist also durchaus wahrscheinlich. 

Zeigen wird sich dann aber auch wieder einmal etwas anderes: Dass es sich bei allen vielbeschworenen und genau beobachteten Kursschwellen um völlig willkürlich gewählte Marken handelt, deren Überschreiten in Wirklichkeit keine große Bedeutung hat. Klar, ein Bitcoin-Kurs über 100.000 Dollar ist schon ein Statement und zeigt natürlich auch, wie etabliert Bitcoin mittlerweile ist. Aber das tut ein Bitcoin-Kurs von 99.741 Dollar oder von 102.743 Dollar genauso. Zusammenfassend könnte man also sagen: Die 100.000er-Marke wird früher oder später erreicht werden - es bedeutet nur nichts. 


Disclaimer: Dieser Text sowie die Hinweise und Informationen stellen keine Steuerberatung, Anlageberatung oder Empfehlung zum Kauf oder Verkauf von Wertpapieren dar. Sie dienen lediglich der persönlichen Information. Es wird keine Empfehlung für eine bestimmte Anlagestrategie abgegeben. Die Inhalte von brutkasten.com richten sich ausschließlich an natürliche Personen.

Toll dass du so interessiert bist!
Hinterlasse uns bitte ein Feedback über den Button am linken Bildschirmrand.
Und klicke hier um die ganze Welt von der brutkasten zu entdecken.

brutkasten Newsletter

Aktuelle Nachrichten zu Startups, den neuesten Innovationen und politischen Entscheidungen zur Digitalisierung direkt in dein Postfach. Wähle aus unserer breiten Palette an Newslettern den passenden für dich.

Montag, Mittwoch und Freitag

AI Summaries

FounderTalks.org: A private session with Silicon Valley founders in Vienna

AI Kontextualisierung

Welche gesellschaftspolitischen Auswirkungen hat der Inhalt dieses Artikels?

Leider hat die AI für diese Frage in diesem Artikel keine Antwort …

FounderTalks.org: A private session with Silicon Valley founders in Vienna

AI Kontextualisierung

Welche wirtschaftlichen Auswirkungen hat der Inhalt dieses Artikels?

Leider hat die AI für diese Frage in diesem Artikel keine Antwort …

FounderTalks.org: A private session with Silicon Valley founders in Vienna

AI Kontextualisierung

Welche Relevanz hat der Inhalt dieses Artikels für mich als Innovationsmanager:in?

Leider hat die AI für diese Frage in diesem Artikel keine Antwort …

FounderTalks.org: A private session with Silicon Valley founders in Vienna

AI Kontextualisierung

Welche Relevanz hat der Inhalt dieses Artikels für mich als Investor:in?

Leider hat die AI für diese Frage in diesem Artikel keine Antwort …

FounderTalks.org: A private session with Silicon Valley founders in Vienna

AI Kontextualisierung

Welche Relevanz hat der Inhalt dieses Artikels für mich als Politiker:in?

Leider hat die AI für diese Frage in diesem Artikel keine Antwort …

FounderTalks.org: A private session with Silicon Valley founders in Vienna

AI Kontextualisierung

Was könnte das Bigger Picture von den Inhalten dieses Artikels sein?

Leider hat die AI für diese Frage in diesem Artikel keine Antwort …

FounderTalks.org: A private session with Silicon Valley founders in Vienna

AI Kontextualisierung

Wer sind die relevantesten Personen in diesem Artikel?

Leider hat die AI für diese Frage in diesem Artikel keine Antwort …

FounderTalks.org: A private session with Silicon Valley founders in Vienna

AI Kontextualisierung

Wer sind die relevantesten Organisationen in diesem Artikel?

Leider hat die AI für diese Frage in diesem Artikel keine Antwort …

FounderTalks.org: A private session with Silicon Valley founders in Vienna