The venture economy is taking of


Since the beginning of this decade, the Internet is changing the way we live, learn and work. The impact is unprecedented, entire industries are being disrupted. Corporations and institutions are struggling with the transformation to digital, new business models and shortened product life cycles. In 1960 companies stood in the S&P 500 index for over […]

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Start-ups vs corporates


Ask yourself: “Are we in business to create or do we cultivate a culture of protecting market share, revenue, profit or headcount … ?“ For a long time corporations and start-ups had not much in common when it comes to culture, risk appetite, values and economics. The start-up is innovative and entrepreneurial whereas the corporation […]

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Ecosystem strategies require corporations to change their operating model

Much effort has been put into establishing venturing ecosystems. Mostly, these attempts were focused on stimulating venture capital and entrepreneurship through incubators and entrepreneurship programs. However, with the emerging seed- and crowdfunding platforms – such as Angellist, Indiegogo, Y-combinator and 500 start-ups – seed capital is widely available. Furthermore, the lean start-up methodology advocated by […]

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Crowdfunding & collaboration platforms


The ability to pivot – changing direction – is one of the core assets of an early stage venture team. Collaboration and (crowd) funding platforms enable millions of entrepreneurs, hackers, specialists, investors, backers and visionaries to collaborate and to eliminate high up-front funding requirements allowing a start-up to stay lean, to pivot when needed and […]

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Open Source

We see many good examples of companies stimulating their employees to participate in the venture economy. Today, most technology companies allow their developers to personally open source the code they developed. Not so long ago such code would be considered as proprietary IP, strictly belonging to the company. There are benefits to allowing your employees […]

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The challenges of the venture economy

A new venturing model is being developed at the tail of the venture industry. It is based on innovations in venturing such as the lean start-up[1] methodology, cloud services, collaboration platforms, accelerators, crowd funding and micro venture capital platforms. These developments are the building blocks of an emerging venture economy in which start-ups, institutions as […]

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A final note on venturing

It’s through the blockbuster VC model that the venture capital industry became renowned for fuelling innovation and entrepreneurship. In the next decade this model will no longer be the exclusive venturing approach. Venturing will become accessible to any one with an idea and deep desire to establish change. The vision of the Open Incubation model […]

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The Open Incubation Playbook


  A new approach to business incubation in the venture economy Venturing is the gateway for ideas and dreams to become real. In the Venture economy, I wrote about the unprecedented opportunities for millions of people to create a better future through venturing. Today, everyone can contribute to a venture through committing time, skills, experience, […]

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The milestone driven start-up


Traditionally start-ups depend on investors for funding. Traditionally, start-ups are milestone driven based on detailed business plans as the execution of the business plan triggers the release of milestone payments by venture capitalists. However, the issue with the traditional milestone driven approach is that it hinders early stage start-ups to pivot when needed. The milestone […]

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Open Incubation – a venture governance model for lean, open and collaborative venture teams


A new generation of entrepreneurs has started to think differently about the purpose of a venture, its values, organizational design, collaboration, sharing and (equity) ownership. With such intentional background, the set-up of those ventures is lean, open and collaborative. Open Incubation is a venture governance model for lean, open and collaborative venture teams. It allows […]

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The Open Incubation model

Open Incubation is a venture governance model for lean, open and collaborative venture teams. It allows the participants to quickly agree on each others expected contributions, (potential) rewards and the rules of engagement of the venture team. With this ambition, I hope to provide venture teams with a governance model to find adequate answers to […]

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The Contribution & Reward framework


The Contribution & Reward framework is the second building block of he Open Incubation model. It enables a lean venturing approach based on sharing and collaboration between participants. Through the Contribution & Reward framework, participants make their envisaged role, contribution and reward explicit and transparent. It facilitates the venture team to quickly agree on the […]

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The Venture Governance framework


The Venture Governance framework is the third building block of the Open Incubation model. The purpose of the Venture Governance framework is to guide a venture team to agree upon the main rights & obligations of the participants regarding leadership, information sharing (level of transparency) and role based ownership. It enables the venture to be […]

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Buy & build – the most popular M&A strategy of European fast growing technology companies

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On 28 November, Deloitte announced the EMEA Deloitte Technology Fast500 winners in London. The technology industry is renowned for its innovation and disruptive business models. Over the past years highly successful tech exits and IPO’s became trending topics. I mention the recent IPO of twitter and the recently announced acquisition of the Israeli start-up PrimeSense (Fast50 […]

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The Venture Economy


Innovation and entrepreneurship are hughly important to transform our economies. Not an easy undertaking these days. Yet, despite the financial crisis and increasing unemployment rates, I like to mention two disruptive developments that, in addition to crowd funding (see blog ‘OpenIncubation goes mainstream though crowd funding’) will boost exponential innovation and entrepreneurship to unprecedented levels. […]

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Open Incubation goes mainstream through crowd funding


A few weeks ago Deloitte published the TMT Predictions 2013. One of the predictions covers the rise of crowd funding portals. Well-known international players are Causes, Kickstarter and Ulule. In addition, numerous niche or local crowd funding initiatives have been started such as Voordekunst, Sonicangel, Appbackr, Crowdaboutnow, Symbid and Seeds. Crowd funding enables potential customers, […]

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TEDX Human Nature Forecast 2011


Daan Witteveen is industry leader Technology Media & Telecom (TMT) at Deloitte with a passion for technology enabled business models, innovation and venturing. When asked what human nature is to him in his field, Daan replies: “Human nature is to initiate what’s important at any time while taking ownership and responsibility over the execution of the […]

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The Open Incubation Quadrant

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Open Incubation builds upon open innovation and distributed entrepreneurship. Open Incubation is a game changing development in innovation and venturing. It captures concepts such as lean, agile, collaboration, openness, social and sharing. Open Incubation is an invitation to participate in the creation of a new democratized and mindful economy. will explore the concept of […]

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The End of the Debt Fueled Economy

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In the industrial age, the GDP growth in the Western world had been funded by constantly increasing debt levels. Governments, companies and families were able to take on more loans through sofisticated financial instruments. Countries year after year funded deficits with newly issued obligations. As long as the debt in percentage of GDP remained constant, […]

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