Open Innovation in times of Covid. Our key initiatives working with startups to ensure Telefonica has the best interface to connect with entrepreneurs in the industry. Key learnings by investing in 100 startups.
1. 1
Dancing with gazelles,
Corporate learnings investing and
working with startups
Miguel Arias
Director Global Emprendimiento
marias@Telefonica.com
January 2020
2. Entrepreneur Mentor & Teacher
Networking
Web presence
@mike_arias
emprenderagolpes.com
Corporate world
Business Angel
11. 11
CLOUD
SERVICES
CONNECTIVITY & NETWORKS CYBERSECURITY ED-TECH
FUTURE OF
WORK
INDUSTRY 4.0
LOGISTICS & MOBILITY TOUCH
LESS
Find anti-fragile startups
E-HEALTH
IOT
WEREABLES
12. 12
“Businesses which will weather the
disruption best will rely on cloud services,
sell always in-demand products or products
that make businesses more digitally
efficient, are easily discoverable online and
can serve customers with limited contact”
-Mary Meeker
13. 13
TECH PARTNERS
CORPORATE & GOVERNMENTS
Global BU’S
& OB’S
OUR FUNDS
+40 OPEN FUTURE_ HUBS
7 WAYRA HUBS OPERATING 10
COUNTRIES
HUBS
in Silicon Valley & Madrid*
2 SCOUTING OFFICES
We are an open ecosystem
We accelerate Telefonica’s business globally with local presence
*With investment scope focused on
Europe, USA, Israel & Latam
14. Data Around
Open Innovation
+500
STARTUPS IN
PORTFOLIO+850
INVESTED STARTUPS
SINCE THE
BEGINNING
+125
STARTUPS WORKING
WITH TELEFÓNICA
+25
STARTUPS
VALUED OVER
$50M
50M€
INVESTED SINCE
THE BEGINNING
OF WAYRA &
TELEFÓNICA
INNOVATION
VENTURES
RESPECTIVELY
+500M€
INVESTED BY 3RD PARTIES
SINCE THE BEGINNING
OF WAYRA &
TELEFÓNICA
INNOVATION VENTURES,
RESPECTIVELY
+120M€ +1.5 Bn€
+60
EXITS
15. 15
We are the most global,
connected & tech-driven
Open Innovation Hub in the
world.
Our vision
17. 17
Organizational learnings &
Cultural shift
Future trends scouting
Competitive Advantage
Institutional relations &
branding
New Revenue Streams
Costs savings
Financial ROI
The innovation
ripple effect
Hard $$ need to be measured,
but the impact is wider &
lasting
18. Ensure Telefónica has the
easiest interface to work with
startups among our industry.
Simple interfaces matter.
19. INSERT TYPE OF SECURITY USE
Ensure Telefónica has the
easiest interface to work with
startups among our industry.
Simple interfaces matter.
Innovation cannot just be
connected with our existing
structure. We need to adapt
internally.
40. When I take a pitch meeting I’m trying figure out
“what do I not believe about this business?”
If I’m
-80% sure the project can be build
-80% sure people will want the product
-70% sure people will pay more than it costs
-60% the company can find those people
Ali Hamed
@AliBHamed
10:58 PM · JUL 22, 2019 · Twitter for iPhone
30 Retweets 109 Likes