How “Super Evolution” Can Upend Any Industry

#News(General) [ via IoTGroup ]

Headings…
How “Super Evolution” Can Upend Any Industry
Past Event Highlights
Twitter

Auto extracted Text……

When Eric Schmidt and Dror Berman launched the investment fund Innovation Endeavors nearly a decade ago, the former Google CEO and his business partner introduced a new model for venture investing.
The new firm was built on an ecosystem model, in which portfolio companies are surrounded by strategic partners from academia, the public sector, non-governmental organizations, as well as large and small businesses within their industry.
Fast forward to today, and Harpinder Singh – a serial entrepreneur who’d worked with Innovation Endeavors as a part-time partner and advisor – joined full-time as it launched a third investment fund rooted in an ambitious new philosophy: super evolution.
The super evolution theory is based on the belief that a proliferation of data, computing and advanced engineering are making it possible to learn from and improve the physical and biological worlds at a significantly faster pace than ever before.
The result is a “collapse of time,” which makes it possible to run more business and data experiments faster, better and cheaper and, in turn, empowers even small companies and teams to innovate at scale.
Techonomy: You introduced the super evolution theory two years ago.
Singh: The super evolution is definitely happening.
This is the benefit of the super evolution theory in practice.
When we evaluate companies and investments through the lens of the super evolution, we ask ourselves: Have the founders identified not only a market need, but a new way to connect the dots in an unexpected way using data, computing, and advanced engineering?
If their new system combines the three pillars of the super evolution, and if it will fundamentally transform the traditional way of doing something, then we want to support and accelerate that company’s growth

Read More..
AutoTextExtraction by Working BoT using SmartNews 1.0299999999 Build 26 Aug 2019