What can we learn from Silicon Valley in Europe?

The first fact is the concept of Silicon Valley can`t be copied. You can learn and adapt some methods, usefull process and some behavior, but the mindset of people is really different from Europe.

Of course, Europe understands, that we need more innovative and motivated people, who have crazy and sometimes risky ideas to save and change the world

But when we checked the last Unicorn report (“unicorns”—private companies valued at $1 billion or more) from Fortuna, we could see, that we aren‘t really on the right way, because we missed European companies.

Here you can read the survey: http://fortune.com/unicorns/

But I think everybody unterstood, that we need some changes in our mindset as well.

5 years ago, as I started with my Startup – Insurance Factory „to change the world“ – to be honest, only to change the world of insurance – it was absolutly new to speak about innovation in the insurance industry, but today I realised in Silicon Valley, that most of the insurance companies are looking for new business models, to cooperate with startups, organising hackathons and…

And I have good news as well, not only for Silicon Valley – but also for Europe:

Today the insurance industry is ready to learn, to develop ideas, to work with Startups – this is a very interessting development form.

I`m really happy with my job to motivate, to support and to go along with insurance managers from around the world on this way. And as good news again, we will celebrate our 5th Birthday on 20-21.09.2017 in Vienna together with business Partners, motivated insurance Managers, Startups, Investors and of course friends and . My personal invitation for you  VIDEO

And during our next Innovation Talk on March, 29th, 6 p.m in Vienna I will present my experience I made in Silicon Valley from San Francisco throught Palo Alto till San Jose. If you want to attand, please send an e-mail to info@insurance-factory.eu. And additionally, I have a surprise for you with a Startup from Austria.

Have an innovative week!

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