There's a lot going on in the UK & Europe - but the real opportunity may not just be breaking into the US market, but winning in Africa and beyond.

1. Thinking Beyond the Bubble
Saul Klein
@cape @localglobevc
Sprint 16 Feb, 2016

2. Newsflash: the Internet is now enormous

3. And with mobile, it will connect 5.6bn people within 5 years

4. Markets we know well are only 14% of
global audience with moderate upside
84% Internet
coverage
85% Internet
coverage

5. China + India = already 32% of global
Internet with lots of room to grow
49% Internet
coverage
24% Internet
coverage

6. “We” are already less than "the <20%"

7. UK & France already smaller than Nigeria

8. The stakes are high

9. So how is UK tech
doing?
Despite appearances,
actually pretty well…

21. It feels like blue skies for startups

22. But we need to look outwards and push for
way more diversity to really grow

23. We know 7% of small companies create
>50% of new jobs
.

24. We need more jobs, we need the right jobs - we need to
change how we think about labour markets

25. We have too many elephants, many past their
prime

26. Cities Companies Universities
1976
1690
1830
3,146 837
Companies >200 yrs old
1821
1885
1096
1088
Athens
1400 BC
1776
Lisbon
1200 BC
Malaga
8th Century BC
Rome
753 BC
Marseille
600 BC
London
43 AD

27. But our cities lead the world in wanting to be entrepreneurial

28. With the right ingredients, these days you can get very big, very fast

29. The Mega-Unicorns are less than 40 years old
$650bn $483bn
$200bn
$422bn
$287bn $280bn

30. Still only a few sectors have really been seriously disrupted
Forbes 2000 list, Cruchbase, Aileen Lee’s list, Fred Wilson’s Hackpad and Index’s own research

31. UK is surprisingly well positioned to succeed

32. Open Data
Open Source
Open Standards
Coding in
Schools
25% Govt IT
budget for
SMEs
Govt Digital
Services
Our government is a global thought leader in digital transformation

33. And it’s just getting started

34. London is increasingly Sand Hill Rd for EMEA

35. To create $50bn unicorns, we need to be the best
place in the world for Zebras

36. Our mindset needs to be geared for a new world

37. We used to know a lot about India & China

38. We definitely know all a lot about the US

39. We used to know a lot about Nigeria

40. We have our 1st major chance for 150 years
to impact society at scale

41. So let’s not be afraid of the dark

43. Aim high and shoot for the moon

45. @cape
♯majorityworld