Two weeks ago, Timo and I (yes, Timo and Timo again…) went to the largest monthly start-up event in Europe.

The STHLMTECH Meetup should give entrepreneurs the chance to pitch their ideas or product in front of large community and some invited investment companies. In our case it was Draper Esprit and Wellstreet. Since I was especially excited about the pitches I won’t supply any information about the investors hear.

The first Pitch was from “Live Shop”. Their idea is a special application for shops or banks where you can talk to your customer on a video chat in an interactive way. In my opinion I think this idea is not innovative enough to create a real value for the customer additionally there are several companies which try to achieve the same goal. I think another problem is that they couldn’t identify their final costumer yet also they are working on this project for five years now.

The second pitch from “Valossa” was far more interesting. Their idea is video artificial intelligence which basically tries to understand videos in a way human do. They want to provide their service to media companies. On that companies can improve the placement of advertisement or make proposals for customers what they would like. The presentation was very good and they seem to know their customers.

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During that event I learned a lot about new ideas but also about the way of presenting your idea in a way the investors like it.

I can only recommend to go there! The event takes place every first Monday of each month in the Hiltion Hotel in Slussen. The only thing you must do is signing up only upfront. But don’t worry it’s free and totally worth going there.

 

Timo

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On October 10th “jayway” was hosting their yearly event at their Stockholm office: “Tech Frenzy Sthlm – Machine Learning, Digital Assistants, AR/VR and more”. There, Timo and I (yes, Timo and Timo….) got the chance to learn all about future technology and try out the gadgets that will radically transform the way we think.

The event in Stockholm is part their yearly tour about future technology in Stockholm, Malmö, San Francisco and Copenhagen.

The office is big and nice. The open floors give the whole scene a real start up spirit. With snacks and beer, we got the chance to talk to some of the employees about their jobs at “jayway”.

The event started with general pres20171010_181000[1]entation about AI and future Technology and included two more keynotes about the topics home assistance and smart home. Since I am really into those stuff I always feel like we are very close to a bright future.

After the presentation, we had enough time to try out all the different gadgets “jayway” is offering. We tried everything from virtual reality, artificial reality, smart home gadgets and personal AI assistants. Here we the chance to get to know the current state of technology and we used the chance to speak to the developers and give them feedback.

Since “jayway” is cooperating with a lot of high-tech firms they were not allowed to talk about their current projects. On the one I could understand that they are not allowed to talk about such topics. On the other hand, I would love to know what they are doing now and I am curious about the process they are making right now.

If you get the chance and you are into AI and future technology I can only recommend going there next year!

 

Timo

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On October 10th I went to my second event at “jayways” Stockholm office where I got the chance to learn all about future technology and also to try out the gadgets that will radically transform the way we think. First I want to give a brief description about jayway and then write a reflection with regard to new technologies.

Jayway helps their clients anticipate the future, evolve their business and play a meaningful role in their customer lives. Their local studios combine creativity and technology to transform ideas into realities on mobile, web and in the cloud. Every year they are hosting a event in Stockholm, Malmö, San Francisco, Copenhagen to talk about future technologies and how that the world is changing in many ways. They also discussed how to use them to improve businesses.

For me, it is still amazing to see what possibly will happen in the future. Expected changes due toIMG-20171011-WA0005 machine learning, virtual reality and augmented reality, digital assistants and wearables can completely change our life. As you see an avalanche of new technology coming our way.  Some of them makes sense but the world faces great challenges. It is considered that many jobs are at risk, critical data will result in a fierce battle for customers and market shares and finally the danger of producing an artificial intelligence. The responsible use of these new technologies are more important than ever. But they also offer a variety of possibilities. They showed how cities can change by autonomous driving. It can improve the flow of traffic as well as road safety. Moreover parking spaces, which are no longer needed, can be used to make the cities brighter and greener.

Other subjects covered at the meeting were digital assistants and home automation. In the session “digital assistants” they talked about the history of digital assistants, discussed if they really are useful and took a peek into the future with digital assistants. With regard to home automation they gave an overview of the options that are available today and then showed how we can write your own code to connect anything to our smart home.

At the end of the event I played with several gadgets and technologies. The event showed me the range of opportunities are broad to build a start-up. We are living and working in very exciting times, in which innovations are implemented from ideas into reality at increasingly faster speeds. That offers wide-ranging possibilities for entrepreneurs!!!

 

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In the following I would like to write about my impressions / my personal conclusion about the course Entrepreneurship (ME2603) and also suggestions for improvements.

As Serdar Temiz said in the first lecture, this won’t be a usual academic course. That means there a lot of different tasks and challenges. We were forced out of our comfort zones and had to present several things which, unfortunately, happens all too rarely in university. But during my internship at Volkswagen in the product management I realized how important it is. We also had to work with different groups, discuss things and cooperate with each other.

One point you are confronted with is self-organization. Serdar wanted to show us how real life works. For example, if the projector does not work, you have to be able to present without your slides. Furthermore, it must be taken into consideration that you are prepared with back up material to answer question after your presentation. I have had the same experiences during my internship.

Another point I want to mention are the guest lectures. During my time in university I heard a lot of really boring guest lectures. What I really like about the course was the diversity of people, Serdar invited. To be honest also in this course were significant differences related to the quality of the presentations. But some were really inspiring and had an encouraging and motivating effect.

Something that could be improved is the venture simulation game. I really liked to play the game and my group was also really successful. On account of the fact that 45% of our grade depends on the results of the venture simulation game, I would have liked to discuss the results and also decisions during the game. It would be interesting for me to re-evaluate important decisions, hear strategic intention of the competitors and also answer the question what conclusions can we draw with regard to the final results.

It was my first course at the KTH and also an interesting experience. For me it was welcoming change compared to other courses I had in Germany. Moreover I got an inside view in the start-up scene here in Stockholm. Of course not everything ran to perfection, but all in all I am satisfied with my choice to have selected the course Entrepreneurship.

Best regards

Timo Reckfort

 

 

 

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cof

 

Entrepreneurial events are just expanding in size and quantity. This make me at least to search for unique events which have something new to offer. This search means that I have to try most of the events at least one time and connect with people to learn about more events which are happening.
In this process I met a student from Uppsala who was so passionate about China and what he had in mind was to connect China and Sweden when it comes to entrepreneurship and startups. He started from Uppsala but it didn’t take him long to understand that Uppsala is too small and unknown for such international project.
At the moment he has launched his Forum, Sweden China startup Forum, in Stockholm and Beijing and I had the honor to be invited for the launch event in Stockholm. I believe that the idea is amazing considering how big the market in China is and the entrepreneurial potential in Sweden. In the event investors, lawyers and startupers were having speeches about how the market is and mentioning the potentials and challenges. It was great environment with a fantastic diversity.
Their next event will be in spring and I would strongly recommend it to all of you who are interested in new opportunities!
Check their website out: www.swedenchinaforum.org

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anders wallOne thing I really like about the Entrepreneurship course is having external lecturers sharing their journeys. Every year I try to visit the Anders Wall Lecture, Scandinavia’s largest lecture within entrepreneurship. The lecture is once a year in Uppsala and will this year be hosted in Uppsala Universitetsaula the 22nd November. During the lecture several high profile entrepreneurs share their journey in becoming successful entrepreneurs. Previous years the lecture has hosted entrepreneurs like Filip Tysander (Daniel Wellington) and Petter Stordalen (Nordic Choice Hotels) and will this year host Alan Mamedi (Truecaller), Fredrika Gullfot (Simris Alg) and Stina Ehrensvärd (Youbico) among others. The lecture also usually involves an opera performance.

If you’re able to go to Uppsala on 22nd November I strongly suggest you visit the Anders Wall Lecture, I always enjoy it and also it’s free of charge!

More info can be found at the Facebook event:

www.facebook.com/events/497344373963667/

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Hi Everyone!

Last Tuesday Me, Charlotte and Emelie went to an event hosted by Netlight. The theme of the event was Entrepreneurship and Innovation. It was an inspiring evening that allowed for deeper insights of the possibilities entrepreneurship entails.

Two women were invited to share their journey from idea to reality. First out was Tamara Bernad from Bluecall. Bluecall is a marketplace for conversational and therapeutical support. Bluecall want to reduce antidepressants and help as many people as possible without interfering with pshycologists. With instant availability you can choose to either get support from volunteers for free, or pay for professional support. The idea should really get credit, although it should be noticed that a product like this is hard to promote, since you actually don’t want customers to come back and what about convincing investors?

Hedvig Ahlgren shared her journey with stagecast which is an live interaction platform for concerts. Stagecasts brings the attention back to the moment by creating astonishing interactions for live entertainment events – it makes reality brighter and better without creating digital distraction.

Me, Charlotte and Emelie summarized the event and the shared knowledge about entrepreneurship with some key takeaways:
– Fuck ups are going to happen, its okey to panic a little but act quickly and learn from it
– Know your weaknesses
– Team is a crucial factor
– Don’t overthink your idea
– Be very persistent, even if it doesn’t seem like it, it will get better

And last but not least, To all Swedes out there, don’t be so Swedish, dare to be bold and naive!

// Michelle, Charlotte and Emelie

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This Monday I was invited to a mingling event at the head office of Northvolt, via the female engineer network Malvina on KTH. Northvolt is a start-up within the energy sector, aiming to build Europe’s largest lithium-ion battery factory. The founders of Northvolt have their backgrounds in Tesla, and working there they got the idea to start a company for large-scale manufacturing of lithium-ion batteries in Sweden. There is no battery factory like this in Sweden today but with our well-developed industries and low energy prices, it is a very good country for this. The thing that I found very interesting with Northvolt is how this startup is determined to grow into a fullscale manufacturing company within the coming five years.

Northvolt focuses a lot on product development of their batteries, but they do not really innovate anything new. What they do know is that the future demand for lithium-ion batteries will be huge, as our society will use more renewable energy, electric cars and home storage systems for energy. They know there will be a market for these batteries, and now they rush through the start-up phase in order to start their production on time to meet this growing demand. In some way, it reminds me of the simulation game that we have been playing in this course. Their strategy is to offer the greenest batteries on the market since they predict that a competitive advantage in for example the electric car sector will be to offer products with a low lifecycle CO2 emission. They will do this by keeping most parts of their supply chain in Sweden, where they can have full control on their emissions and ethical standards.

I was super inspired by this event and I felt like joining this type of company would be a great way to be an intrapreneur, since none of the employees at Northvolt follows an established “know-how” at the moment – they all get to discover how they shall work to contribute to the success of Northvolt.

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In the entrance of the office, there were pictures of the future factories of Northvolt. Having this very clear goal visualized on the wall felt inspiring, and I noticed that all employees were proud of the company they are developing together!

Wish you all a good day!
Sara

 

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During the last lecture on our Entrepreneurship course (ME2603), we got to show our venture pitch video as well as seeing the other team’s videos. It was interesting to see how different and how like the videos were. A lot had used animations, some only taped themselves or somewhat of a mix between the two. Watching pitch videos is actually interesting, since you notice while watching them if they catch your attention or not. I experienced that if the start of the video was funny or different, I followed throughout the video. While if it was a less good of a start, I lost interest right away. It shows how important it is starting the pitch in a positive way to keep the ones who’s watching to continue to watch.

It was a wide range of ideas and some of them I still remember while some I forgot immediately. However, we learned today what to do and what not to when it comes to pitching your idea with the help of videos.

Lessons learned:

  • Music in the background is a good idea
  • Have good lightening
  • Speak in a clear voice
  • Keep the video short
  • Mix between animations and actual people is good

Good luck with your future pitch videos!

PS. link to our video: https://www.youtube.com/watch?v=AN6fQKM7mcQ

Angelina

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Hi everyone!

A while back, in September, I got the chance to attend STHLM TECH FEST with the help of KTH Innovation. I thought I would share my experiences of this event with you.

This was my very first time attending STHLM TECH FEST. The first day I was there, on Monday the 4th of September, I got to witness a panel discussion with the co-founder of Klarna, Sebastian Siemiatkowski, the head of Nordics and Baltics of MasterCard, Sasha Krstic, the co-founder of iZettle, Jacob De Geer, and the CEO of Bambora, Johan Tjärnberg. They spoke about the future of the world of fintech and of the difficulties that lie ahead.


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After that there was a city pitch held about the opportunities for Swedish startups and companies to open up offices in Poland. The person giving the pitch was trying to convince Swedish companies such as Truecaller and Klarna into setting up offices in Krakow and Warszawa. It was good to see how a pitch might be done in real life with the pressure of having a room filled with people criticizing your idea.

 

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After attending a couple of these panel discussions and pitches I made sure to check out the fair. There I had the chance to speak to a couple of company representatives from the start-up that some of you might have heard of, Stilla. What they are offering is a product called Stilla Motion that you put on any of your belongings that you would like to protect from being stolen and such, wether it is your backpack or wallet. This device connects to your mobile device through the Stilla app and an alarm goes off on your smartphone when your belongings are being moved. What I think is a really interesting feature is the fact that, in the app, you can adjust how sensitive the movement sensor in the Stilla Motion device is and it also has many more adjustable settings. If you want to know more about Stilla visit: https://wearestilla.com.

Lastly, I would just like to comment on the fact that KTH Innovation has been able to do a great thing by providing free tickets to KTH students who want to attend the STHLM TECH FEST. As one of our guest lecturers, Tobias, mentioned previously in his presentation to the class, it is very important that we create platforms and meeting places where different people can meet and interact, because we want to be able to take advantage of the synergies that arises when this happens. I would hope that in the future more students get the chance to attend STHLM TECH FEST and similar events. In november I will also be attending the STHLM TECH MEETUP, so I am really looking forward to that.

 

Thanks for taking the time to read this! Let me know if you’ve been to STHLM TECH FEST before or anything similar to it 🙂

 

All the best,

Houda Abu Zeid

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