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.”

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(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:
19.12.2024

Wiener Startup PowerBot geht an Tech-Unternehmen Volue

Das Wiener Startup PowerBot wurde vom norwegischen Tech-Konzern Volue übernommen.
/artikel/wiener-startup-powerbot-geht-an-tech-unternehmen-volue
19.12.2024

Wiener Startup PowerBot geht an Tech-Unternehmen Volue

Das Wiener Startup PowerBot wurde vom norwegischen Tech-Konzern Volue übernommen.
/artikel/wiener-startup-powerbot-geht-an-tech-unternehmen-volue
CEO Helmut Spindler, COO Maximilian Kiessler und Jakob Ahrer CTO (v.l.) (c) PowerBot
CEO Helmut Spindler, COO Maximilian Kiessler und Jakob Ahrer CTO (v.l.) (c) PowerBot

Das Wiener Startup PowerBot automatisiert den physischen Stromhandel an Strombörsen. Damit leistet es einen Beitrag zur Energiewende. CEO Helmut Spindler hat uns vergangenen April mehr über die Technologie erzählt.

Das SaaS-Unternehmen wurde im Jahr 2020 von Felix Diwok, Manuel Giselbrecht und Helmut Spindler gegründet. Mit dem Ziel, Handelsabläufe an den europäischen Strombörsen zu automatisieren und zu verbessern. Und damit die Energiewende voranzutreiben. CEO Spindler war jahrelang als Berater für Energiemarktfragen tätig. Als Spin-off der Energiemarktberatung Inercomp GmbH entstand dann 2020 PowerBot.

Exit an norwegischen Tech-Konzern

Am gestrigen Mittwoch verkündete das Wiener Startup, vom “europäischen Marktführer für Energiesoftware, Volue, offiziell übernommen” worden zu sein. Eine konkrete Summe wird nicht genannt. Gemeinsam habe man sich das Ziel gesetzt, den Markt “im algorithmischen kurzfristigen Stromhandel” anzuführen.

Das Käufer-Unternehmen Volue positioniert sich als Technologielieferant grüner Energie. Das norwegische Unternehmen arbeitet an Lösungen zur Optimierung von Produktion, Handel, Verteilung und Verbrauch von Energie.

Co-Founder Diwok hielt bislang 37,5 Prozent, Spindler und Giselbrecht je 18,74 Prozent. Auch das Partnerunternehmen der Armstrong Consulting GmbH unter Geschäftsführer Roger Armstrong hielt bislang 25,01 Prozent der Firmenanteile.

Schrittweise Integration

Mit dem Kauf des Wiener Energy-Startups soll das bestehende Portfolio von Volue erweitert werden. Die Integration soll Schrittweise erfolgen, ab Jänner 2025 sei die PowerBot-Lösung vollständig in das Volue-Portfolio integriert.

Volue-CEO Trond Straume wird in einem LinkedIn-Post von PowerBot zitiert: „Diese Übernahme ist ein entscheidender Schritt auf unserem Weg, bis 2030 der führende SaaS-Anbieter für das globale Energiesystem zu werden. Die hochmoderne Plattform von PowerBot ergänzt den Volue Algo Trader perfekt, indem sie Quants befähigt und unsere Expansion über Westeuropa hinaus beschleunigt.“

Das Wiener Energy-Startup soll fortan die bestehende Lösung des Käufers – namentlich “Volue Algo Trader Power” ergänzen. Dabei handelt es sich um eine SaaS-Lösungen für den kurzfristigen Stromhandel, kurz für “Intraday”-Stromhandel.

“Keinen besseren Partner”

Wie PowerBot weiter vermeldet, soll die Integration die Entwicklung von traderfreundlichen Benutzeroberflächen und Lösungen für Unternehmen begünstigen. PowerBot wird dabei eng mit dem Team rund um die SaaS-Lösung Volue Algo Trader Power zusammenarbeiten.

Für das PowerBot-Team sei der Exit “nur der nächste wichtige Schritt auf dem Weg des Wachstums”, heißt es. Auch weiterhin soll das bestehende PowerBot-Team, darunter Helmut Spindler, Maximilian Kiessler und Jakob Ahrer, “die Entwicklung des Produkts weiter vorantreiben und für Kontinuität und Innovation sorgen”. Das Startup will indes bereits baldige neue Produkte auf dem Markt verkünden.

Helmut Spindler, CEO von PowerBot, kommentiert: „Wir haben in den letzten Jahren ein unglaubliches Wachstum erlebt, und um weiter zu skalieren und zu internationalisieren, brauchten wir einen starken Partner. Volue ist aufgrund seiner umfassenden Branchenkenntnisse und seiner gemeinsamen Vision die perfekte Wahl. Ich könnte mir keinen besseren Partner vorstellen“.

Stärken kombinieren

Mittlerweile soll das Wiener Energy-Startup über 85 Kunden in 26 Ländern vorweisen. Handeln soll es derzeit an neun Börsen. Das Team sei 25-köpfig und in Wien sitzend. Auch die Zertifizierungen ISO 27001 und SOC2 Typ 2 – beides Zertifizierungen für Cybersicherheit und Datenschutz – weise man vor.

Roland Peetz, SVP von Volue Energy Software, fügt hinzu: „Indem wir unsere Stärken kombinieren, schaffen wir ein unübertroffenes Angebot, das den Anforderungen des sich schnell verändernden Stromhandelsmarktes gerecht wird.“

Aus dem Archiv: PowerBot-CEO Helmut Spindler im Studio

Der PowerBot-CEO und Mitgründer Helmut Spindler war zu Gast im brutkasten Studio.

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

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

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

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

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

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

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

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

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