NO STRAIGHT
LINES: making sense of our non-linear world
@alansmlxl | www.smlxtralarge.com
no straight lines introduction 2011
The story of Local Motors reinventing the automotive industry
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
http://www.flickr.com/photos/10359714@N03/3056979962
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
what if…
we build the car of your dreams?
it was green?
we made it in your town?
we listened
we did it?
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
Competition & Community
Threadless Local Motors
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
A community of practice
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
The first community designed car, the designer who won the competition has his name on every vehicle produced. He was motivated above and beyond money. Recognition from a
community of peers has more value.
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
Lessons
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
Fundamentally changes the relationship to supply and demand by rethinking and redesigning the process from conception to final production
whole systems
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
Fundamentally changes the relationship to supply and demand
Distributed knowledge network both Hyperlocal & Superglobal
knowledge
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
Open Source & Creative Commons Inoneyear44,000designsweresubmittedtoLocalMotors,and3600innovatorshavesharedtheirknowledgeandinsights.
legal, innovation, community
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
In one year 44,000 designs were submitted to Local Motors, and 3600 innovators have shared their knowledge and insights.
accelerated innovation with community
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
5X faster than traditional methodologies, and with more than 100X less capital From $200m development costs to $1.5
velocity and cost
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
Micro-Factories Locally which provide an engaged experience for customers, money flows into local communities, local jobs for local people.
economics, people, regions
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
C
Constant Feedback loop
aka: the learning organization
learning
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
The company: as a community, as a media platform. Competitions as risk mitigation & innovation accelerator, markets are conversations, mutuality a business strategy.
summary
The democratisation of financial capital http://smlxtralarge.com/2011/04/22/the-democratisation-of-financial-capital/
alan moore | www.smlxtralarge.com | incubate 2.0 2010
P2P and Crowd-funding via Community Investments
alan moore | www.smlxtralarge.com | incubate 2.0 2010
Match-making and negotiation tools for private investments
alan moore | www.smlxtralarge.com | incubate 2.0 2010
Professional
service investments
alan moore | www.smlxtralarge.com | incubate 2.0 2010
So what have GrowVC created in their short time on this earth?
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
Over 6,000 registered members
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
approximately 1,400 startups
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
total investment money approx $20M USD first investments have happened, not yet published
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
the first local network started 12 weeks ago in India, already 1,000 members and cooperation with local angel networks and VC’s
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
more local networks are coming in Asia (China chapter launched 2010),
America, and Europe in this year
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
also the first language versions are coming, Spanish also in planning phase.
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
Why do people want to work with GrowVC? Meet investment banker Tom from NY. He is a highly paid investment banker, but he hates his job. It leaves him unfulfilled and so consequently wants to do something that has more to do with a dream, than a condo.
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
Mobile Money
?
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
2010, M-PESA transferring close to 150m Euros per day, a figure that would put M-PESA transfer business ahead of that run by Western Union
alan moore | www.smlxtralarge.com | no straight lines introduction 2011
NO STRAIGHT
LINES: making sense of our non-linear world
@alansmlxl | www.smlxtralarge.com
no straight lines introduction 2011
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