The Venture Ecosystem Framework: Messy, Fast, and Global Six Trends Shaping the Venture Ecosystem

Venture Findings — 2014 -1 — Welcome Issue 7

13 Pages Posted: 6 Jul 2016

See all articles by Yesha Sivan

Yesha Sivan

Coller Institute of Venture at Tel Aviv University; Hong Kong Polytechnic Design School

Date Written: July 4, 2014

Abstract

It took Intel, established in 1968, 27 years to reach a value of $150 billion; Oracle (1977) reached it in14 years; Google (1998) needed only three years; while Facebook (2004) made it in a mere 18 months. Nowadays, new startups are funded with tens of millions after 6 months of existence, and Unicorns; like Viber ($900 million), Oculus VR ($2bn.) and WhatsApp ($19bn.) are acquired faster than ever.

However, while major VCs are more willing than ever to invest large sums in new ideas, founders often prefer using other, competing sources of funding, leaving VCs with second-tier investments and lower potential returns. In addition, the competition is no longer bound by location, and entrepreneurs can move quickly to find the best place for their startups to succeed.

In this article you will learn about six major trends making the global venture ecosystem even more Messy, Fast and Global. Who are the key players benefitting from these changes? Why should public authorities worry about them? How can they cope with the new order, and why copying is the opposite of coping?

The understanding of these trends by policy-makers, and the nurturing of a vibrant venture ecosystem, are keys to our future.

Keywords: Innovation Venture Policy

JEL Classification: G24, O38, O32

Suggested Citation

Sivan, Yesha, The Venture Ecosystem Framework: Messy, Fast, and Global Six Trends Shaping the Venture Ecosystem (July 4, 2014). Venture Findings — 2014 -1 — Welcome Issue 7. Available at SSRN: https://ssrn.com/abstract=2804686

Yesha Sivan (Contact Author)

Coller Institute of Venture at Tel Aviv University ( email )

P.O. Box 39010
Ramat Aviv, Tel Aviv, 69978
Israel

Hong Kong Polytechnic Design School ( email )

11 Yuk Choi Rd
Hung Hom
Hong Kong

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