Industry Leaders Magazine March 2020

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In the race of life, the only person you should compete with is yourself. But sometimes, it’s good to take a peek at what everyone else seems to be doing. Here at Industry Leaders Magazine, we admire men and women who strike out on their own. With more aspiring entrepreneurs quitting their daily jobs to set up new empires, what can we learn from the successful lives of big name business magnates? In this issue, we look into the incredible lives of the richest self-made millionaires. They accomplished the seeming impossible dream of making their fortunes before their 40th birthday. For our cover story, we’ve done a little digging to bring to you the stories of men and women whose legacy and achievements across science, technology, and culture, is what people around the world will always look up to. Happy reading!

Like always, we welcome your comments (Facebook.com/ IndustryLeaders, @ IndLeaders on Twitter). You may reach us at editor@indleaders.com or Editor – Industry Leaders Magazine, The Fastest Media, 3651 Lindell Road, Suite 320D, Las Vegas, NV 89103.

www.industryleadersmagazine.com


EDITORIAL

TECHNOLOGY

Anna Domanska, Editor-in-Chief

John Hancock, Head-Web

Christy Gren, Sub-Editor Riana Petanjek, Sub-Editor Aubrey Chang, Sub-Editor Jack Gilfoyle, Associate Editor

PROJECT MANAGEMENT Tony Raval, Project Director Jay Raol, Project Director

MARKETING Jason Miller, Sr. Project Director

FINANCE CONTROL R R Baratiya

Department

Le Manh Coung, Sr Sofrware Coordinator

Julia Hunt, Magazine Production

DESIGN Kevin Paul, Sr. Graphic

Designer

ADVERTISING Richard Dean, Advertising Manager



CONTENT

10

FEATURES 10

Novartis’ Million Dollar Gene Therapy Drug Sales Boost Earnings

28

28 GREEN REVOLUTION

Finnish startup creates food out of thin air

40 POWER PLAYERS

Retire Rich & Young. According to billionaires who made it happen

40

46 YOUNG GUNS

India’s Silicon Valley Pipedream

54 COVER STORY

Business Magnates: Then & Now

54


84 74

BIG TICKET

The Art of Leather Goods

84

IMMINENT TRENDS

96

CROWDFUNDED, INC.

110

BIG EVENTS, BIGGER GAINS

90

ESG Investing Could Spur Giving

Meet the Masters of the VC Game

96

Global Events for Budding Entrepreneurs

122

EVENTS & TRADESHOWS

Calendar listing our top picks for the best conferences, seminars, meetings, webinars, and more.

110


Maximize your energy upgrades. Utilize our experts. Your business will see results at ngrid.com/business That’s business on the grid.



Tesla patent unveils new steering wheel with gesture control, touchpads Tesla has disrupted the automotive industry in a very short period. It has pushed the industry into innovations and faster adaptation of electric and autonomous vehicles. Continuing this disruptive and innovative streak, Tesla recently applied for a patent for a new steering wheel with a touchscreen, touchpads, gesture control, and haptic feedback. According to the recently applied Tesla patent, the controls will incorporate the smartphone gestures that almost everyone uses, like swiping and pinching, to transmute instructions. A digitally controlled steering wheel will make navigation more efficient and safer. For volume control, one needs to swipe up on the steering wheel touchpad. A slide vibrator can send haptic feedback. Visual feedback can be done through dimmed lights. “A user interface provided on at least one portion of the steering wheel, the user interface configured to recognize gesture movements

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FIG. 1 illustrates a side profile of an exemplary vehicle 100 such as, for example, a passenger car, truck, sport utility vehicle, or van. The vehicle 100 includes a frame 102 that is supported by a set of wheels 104. The vehicle 100 includes a power source (not shown) configured to propel the vehicle 100. Industry Leaders Magazine - March ‘20 | 011


made by a user, and wherein the user interface allows navigation of a set of controls associated with a menu provided through the user interface based on the gesture movements,� reads the Tesla patent description for User Interface for Steering Wheel. The new driving controls additionally come with indicators for selective gear engagement, and these will be placed at the lower end of the steering wheel. Illuminated signs will indicate park, reverse, neutral, or drive modes.

FIG. 2 The steering wheel 200 includes a user interface 202 provided on one or more portions of the steering wheel 200. For example, the user interface 202 is provided on diametrically opposite locations of the steering wheel 200. Alternatively, the user interface 202 may be provided on a central portion 205 of the steering wheel 200. Industry Leaders Magazine - March ‘20 | 012


FIG. 3 A peripheral console 500 may be provided in association with the user interface 202 of the steering wheel 200.

All Tesla vehicles come with a gear stalk attached to the steering wheel, similar to older vehicles and in trucks. With the new steering wheel patent, the need for a gear stalk will be eliminated. The patent was filed last summer. If the Tesla steering wheel patent is passed, it may incorporate the new steering wheel in its latest Plaid Model 5 or Roadster. Its Model 3 has a very minimal digital dashboard design, and maybe the

latest steering wheel can be fitted on this model too. General Motors also wants to do away with the steering wheel altogether in its latest selfdriven model. The automaker has put in a request to the U.S. National Highway Traffic Safety Administration to allow it to test self-driving cars sans a steering wheel or other human controls on American roads. Softbank-backed startup Nuro has also petitioned the agency with a similar request.

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Novartis’ Million Dollar Gene Therapy Drug Sales Boost Earnings Novartis, the Swiss drugmaker, in its fourth-quarter earnings reported a jump of 9 per cent in sales, raking in $12.4 billion and the company attributes the positive numbers to the sale of its new gene therapy drug Zolgensma, and four other drugs released in 2019. Chief Executive of the company, Vas Narasimhan, said in a press statement that strong 2019 sales growth drove double-digit increases in core operating income and free cash flow. “We launched an unprecedented five new molecular entities (new medicines) in 2019 and advanced the breadth of early programs in our pipeline that address significant unmet needs.” In the fourth quarter, Zolgensma, the spinal muscular atrophy (SMA) gene therapy drug, generated $186 million in sales. Analysts expected the sales to touch $177 million, up from the $160 million that the drug made in the last quarter. Zolgensma is the most expensive drug out there with a price of $1.2 million for a one-time treatment. It was officially launched in the US in June of last year.

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Zolgensma is the most expensive drug out there with a price of $1.2 million for a one-time treatment. It was officially launched in the US in June of last year. Insurance policies now cover 97% of Zolgensma commercial patients, and Medicaid covers 50 per cent against 90 and 30 per cent respectively, in the earlier quarter. In the earnings call on January 29, Narasimhan said that they intended to treat over 100 patients in each quarter of 2020, especially infants below 6 months. Newborn SMA

screening will be used to help patients as early as possible. To facilitate payments, the company has proposed installment payments for Zolgensma, but it has not gained any wide acceptance, according to the company. Narasimhan said, “We have not seen material uptake of installment-based payments at all.�

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In the fourth quarter, Zolgensma, the spinal muscular atrophy (SMA) gene therapy drug, generated $186 million in sales. Analysts expected the sales to touch $177 million, up from the $160 million that the drug made in the last quarter.

The company is offering refunds when the drug fails to work, which has not happened so far, claims the company. Zolgensma at the moment is approved only for IV administration and that also in patients below 2 years. Novartis is trying to expand its application to older patients with intrathecal dosing, which is administrating the medicine into the spinal canal. Once it is approved, then it can be given to older patients. Narasimhan said the drug sales performance will improve with it gaining regulatory approval both in Europe and Japan. It is expected to pass scrutiny by both in mid-2020.

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AirAsia opens restaurant serving in-flight meals, debunking myth of bland airline fare Airplane food is not popular with travelers. It is mostly bland and tasteless and not savored by many. AirAsia is bent upon changing this reputation of airline food. AirAsia is working to make its in-air meals so tasty that people will especially book flights on it for the meals. So much so that travelers will be looking for the same when they land as well. The airlines recently opened a restaurant, Santan, in Kaula Lampur that serves the same meals that are available onboard AirAsia flights. The airline offers classic Malaya cuisine and Chinese and Filipino favorites too. The menu dishes were chosen, keeping in mind the countries the airline connects. And the ingredients, including those used in its coffee and tea, are sourced from these regions too. They serve the popular Malaysian dishes such as nasi lemak, satay skewers and beef rendang. And also Chinese-Malaysian style chicken rice, chicken inasal with garlic rice from the Philippines,

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Vietnamese pho, Pineapple Fish Noodle from Cambodia, in addition to coffee and tea, snacks and desserts inspired by local flavors such as the Nasi Lemak Quinoa Wrap and Onde-Onde Cake. The Kuala Lumpur restaurant Santan, which means coconut milk in Malay, is run by a team of five chefs helped by culinary students, who also helped design the menu. The menu is more diverse in the restaurant than that offered onboard AirAsia flights. Around 30% of the restaurant menu is designed around the airline’s in-flight offerings. A team of chefs spent nine months coming up with the rest, reports Reuters. The restaurant is digital with smart kiosks and features a menu enhanced with Artificial Intelligence and Machine Learning. The touch screen kiosk recommends popular dishes, based on the time your order history and demographics. Customers can also order online as well as the T&CO mobile app. “We are very proud to extend what started out as an in-flight menu into new markets and reiterate our support for local and (Southeast Asian) producers, suppliers; apart from creating new job opportunities with affordable franchising,” Catherine Goh, the restaurant’s general manager, said in a press release. The company plans to open five Santan restaurants and 100-franchisee operated restaurants in the next 3 to 5 years.

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Around 30% of the restaurant menu is designed around the airline’s in-flight offerings. A team of chefs spent nine months coming up with the rest.

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Alphabet touches $1 trillion market cap Alphabet, Google’s parent company has emerged as the fourth US company to surge a market cap of $1 trillion. The company hit the highest number just hours before the markets closed down on Thursday. This surged marked the trading amounts of that day to $1,451.70 per share, up 0.87 per cent. The news of Alphabet’s reaching the staggering $1 trillion mark knocks door when the organization is rushing through a period of turbulence. It was only in the last month that the two founders stepped down, stating the act as a “natural time to simplify our management structure.” Alphabet also saw multiple claims of sexual misconduct by executives. This resulted in massive protests of around 20,000 employees from work. 2020 too brought no reprise. Search giant Google was recently sued by audio company Sonos, claiming that Google knowingly copied and stole smart speaker technology from them and used its industry clout to quieten the smaller company. However, market analysts and investors are far from bothered about these claims. Analysts are ever optimistic about Alphabet’s performance, which is slated to rise high with the stepping in of Sundar Pichai as CEO,

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Analysts are ever optimistic about Alphabet’s performance, which is slated to rise high with the stepping in of Sundar Pichai as CEO, who replaced Larry Page. who replaced Larry Page. Earlier, Apple was the first US company to surge the $1 trillion cap in the years 2018. This was followed by Amazon and then Microsoft, which rose to the $1 trillion mark in the year April 2019. Amazon, since its surge has dropped below the figure failing to hold the position. The first company to ever surge the $1 trillion market cap for a brief time was PetroChina in the year 2017. In 2019, Saudi Aramco became the first 42 trillion company after it debuted on the Riyadh stock exchange in December month. According to Fortune, the trillion-dollar companies from across the world are the most profitable in the world in the last year. That was the list which had Saudi Aramco in the top list, Apple at the second and Alphabet on the 7th position. Market analysts are not eyeing Facebook as the next company to rising high to surge the $1 trillion market cap.

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Toyota Invests 400 Million in Air Taxi Startup Joby Toyota Motor Company will invest over $392 million in Joby Aviation, an enterprise working on commercializing flying for a faster and affordable commute in traffic gridlocked urban centers. Joby Aviation was started in 2009 and is manufacturing a fourpassenger electric aircraft propelled by multiple rotors, which can land vertically like a helicopter. The giant automaker is looking to expand its presence beyond just automobiles. As the company CEO Akio Toyoda said in his keynote address at the CES 2020, “The company wants to move from manufacturing to mobility.” “Air transportation has been a long-term goal for Toyota, and while we continue our work in the automobile business, this agreement sets our sights to the sky,” Toyoda said in a press statement. Toyota is the lead investor in Joby’s $588 million Series C funding. The deal makes Joby Aviation the best-funded startup in this electric vehicle take-off and landing (eVOTL) category. Toyota will offer its expertise in automobile manufacturing and quality control to Joby, which already has a partnership with Uber to develop

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Joby Aviation is a California-based aviation company founded by JoeBen Bevirt that has been trying to build a new kind of short hop aircraft for the past few years.

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an urban air taxi service. Joby Aviation is a California-based aviation company founded by JoeBen Bevirt that has been trying to build a new kind of short hop aircraft for the past few years. Joby is not the only company in the eVOTL space. There are 19 other

companies developing air taxis, according to a Verge report. Boeing, Airbus, Uber, and KitiHawk owned by Larry Page, Google founder, are some of the big names trying to come up with flying prototypes. Volvo and Daimler have also bought aviation startups called Terrafugia and Volvocopter, respectively.

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Toyota has expanded into futuristic transport and smart options recently. It announced the Woven City, a smart city that it intends to build near the base of Mount Fiji in Japan. It will be a showcase for self-driven cars and smart operated roadways. Toyota has invested in mobility startups like Recogni Inc., SkyDrive, and May Mobility, all into autonomous transportation systems.

Toyota has expanded into futuristic transport and smart options recently. It announced the Woven City, a smart city that it intends to build near the base of Mount Fiji in Japan.

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FOOD OUT OF THIN AIR By : Anna Domanska

Finnish food-tech company, Solar Foods, has developed a revolutionary natural protein source that could be the solution to global hunger problem. Industry Leaders Magazine - March ‘20 | 028


On February 20, 2017, the world awoke to a headline cruel headline that should have no place in the 21st-century: Famine had been declared in parts of South Sudan, putting about 42% of the country’s population on the brink of starvation. Aid agencies feared an official famine declaration in South Sudan meant that thousands had succumbed to starvation. This famine was the first to be declared since the 2011 East Africa drought, where an estimated 2.6 million died of starvation between the summer of 2011 and mid-2012. Said to be “the worst in 60 years,” the drought affected the livelihood of 9.5 million people. Meanwhile, Venezuela’s devastating six-year economic crisis has sparked severe shortages of food, fuel, and medicines, where 6 to 8 million people are constantly living under extended spells of starvation, risking long-term damage to their health, humanitarian organizations have warned. According to last Encovi - Encuesta de Condiciones de Vida, or Living Conditions Survey, 80% of homes in Venezuela are food insecure; driving kids as young as 15 to plunder houses and shops, rob food from passerby in order to support their starving family.

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Despite the world’s hard-earned progress against hunger and malnutrition, global hunger numbers are rising to levels last seen in 2010. While hunger is a predictable, treatable and preventable events, when compounded by climate change and conflict, becomes a tough challenge to solve. It is estimated that climate change will expose 600 million more people to hunger and inequality by 2080. What’s alarming about this estimate is that droughts and floods caused by climate change will be the key factors driving global hunger in the future. As temperatures become more unnatural, and events such as droughts and flooding become more frequent, finding staple foods that can survive on an unreliable water supply will prove to be a challenge. But there are organizations using advancements in science and technology to support nations where climate change is affecting the agricultural ecosystems. One such company is food tech start-up Solar Foods, which has created a climate-friendly, protein-rich power made from carbon dioxide, water, and electricity. Solein, a high-protein, flour-like ingredient contains 50 percent protein content, 5-10 percent fat, and 20-25 percent carbs. According to its makers, it looks and tastes like wheat flour, and could

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become a protein ingredient in existing food such as bread, pasta and plant-based dairy, drinks, and meals after its initial launch in 2021. Solein was developed in collaboration with VTT Technical Research Centre of Finland and the Lappeenranta University of Technology. It is made by applying electricity to water to release bubbles of CO2 and hydrogen captured from air. Even the electricity used for the processing is carbon neutral, for example, solar, wind or hydropower. Living microbes are added to this liquid, called growth medium, in a fermenter almost identical to one used in breweries and vineries. More nutrients are added to this liquid mixture including nitrogen, calcium, phosphorus, potassium, etc. These are the same nutrients that plants absorb through the soil. The microbes in the growth medium eat these nutrients to grow and multiply. As the mixture becomes thicker some of it is continuously removed and dried. The dried powder called Solein protein are whole cells made of up to 65% protein. Solein is similar to that of dried soy or algae. The production of Solein protein is 100 times more climatefriendly than any known animal or plant-based alternative.

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It doesn’t rely on large quantities of water or land, both of which will become scarcer in future. “By hectare Solein yield is 10 times more than photosynthetic plants even if the electricity for Solein production would be from solar panels (that needs quite a bit land area),” said Solar Foods. “Solein is the most environmentally friendly protein. If it replaces meat in human diet, its climate impact is significant.” The next goal for Solar Foods is to produce proteins for space flights to Mars. The Finnish company has joined hands with ESA Business Incubation Centre (ESA BIC) Finland to develop an innovative solution for food production in Space conditions and years’ long missions for Mars. Solar Foods plans to produce enough power to 2 billion meals a year by 2022. Here we have Pasi Vainikka, CEO and Co-Founder of Solar Foods, offers more insights on the inception and future of the Finnish company.

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Despite the world’s hard-earned progress against hunger and malnutrition, global hunger numbers are rising to levels last seen in 2010.

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INDUSTRY LEADERS MAGAZINE: How did Solar Foods get its name? PASI VAINIKKA: Originally, we were thinking a one extreme scenario where food is produced in deserts with cheap solar PV. Later it may have got other meanings too, as we do have the ESA project. INDUSTRY LEADERS MAGAZINE: What made you so passionate about the issue of world hunger? PASI VAINIKKA: We are passionate about the sustainability of the planet. That is a problem, also poor nutrition. Perhaps it is less of hunger. 25% of the global emission due human action is due to what we eat. Not much has been done about it. We have a chance to make a huge impact here. We need fundamentally more efficient food system. INDUSTRY LEADERS MAGAZINE: Have you encountered any resistance to the idea of producing Solein? PASI VAINIKKA: Very little. Times are different now. People are open to sustainability talk, and getting more and more familiar to new foods such as plant based meat alternatives. We are happy to blend in to that movement.

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Pasi Vainikka, CEO & Co-founder of Solar Foods.

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INDUSTRY LEADERS MAGAZINE: What do you think the solution is to the problem with carbon emissions? Should change come from the government, from ethical companies like Solar Food, or from somewhere else? Or a combination? PASI VAINIKKA: We need to empower the individual. Whether it was governmental regulation initially, or not, we need to give people real choices. If we do, people are happy to take them. Sustainable, and better choices. That is the job to do for startups like us. To deliver those choices. Regulation can push and create “windows for opportunities”. The least what they need to do is to support research and development. For example, in the EU a ceiling was set for all the car manufacturers for the maximum average emission of the annually sold fleet. That needs to be met, solution is up to the companies. That started the electric vehicle development what we see today. That created a window of opportunity, and we will have better cars, practically unlimited power and torque, with fraction of emissions. The same will happen in food. Perhaps without even such strict regulation.

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Solein is the most environmentally friendly protein. If it replaces meat in human diet, its climate impact is significant

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INDUSTRY LEADERS MAGAZINE: Where will Solar Foods go next? Any exciting plans for the future? PASI VAINIKKA: We plan to make an investment decision to a commercial factory this year. Go to market planned in 2022. Also, we aim at to show people the first food product drafts. We are raising funds for that now.

The dried powder called Solein protein are whole cells made of up to 65% protein. Solein is similar to that of dried soy or algae.

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The next goal for Solar Foods is to produce proteins for space flights to Mars.

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RETIRE

RICH

YOUNG

BILLIONAIRE’S WHO MADE IT HAPPEN Dreaming of riches is the easy part, it’s getting there that’s the real battle. For a lucky (or perhaps just hard working and smarter) few, hopping on the next flight to the Amalfi coast and tasting the freedom of early retirement has become a reality. But, how should you go about this notoriously tricky business of turning your pipe dream into a reality?

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We’ve done a little digging, and it seems that there is plenty of sound advice out there – so if you’re ready to take the leap, plunge in. These are golden words from American billionaires, who’ve founded companies, chased ideas, and beater the odds. These are the men who got up and carried through with ideas that some of us can only dare to dream about. We can all learn a lot from reading what these entrepreneurs have to say.

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TOM GOLISANO Even those of us who feel pretty satisfied with our work-life balance and seamless commute can fall victim to those Sunday Night Blues. Indeed, the thought of returning to the office come Monday morning is enough to have most of us fantasizing about hopping on the next flight to the Maldives and opting for an early retirement. For a lucky (or perhaps just smarter) few, this fantasy has become a reality — with record numbers of people joining the FIRE (Financial Independence, Retire Early) movement. So, just how realistic is this for the average young person looking for a taste of freedom, and how should you go about the notoriously tricky business of turning this pipe dream into a reality?

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Like all niche contemporary communities, FIRE devotees can be found gathering online across multiple forums and writing blogs, where they discuss strategies, techniques and lifestyles to help you achieve the seemingly unachievable. With $3,000 and a credit card, Tom Golisano became a billionaire and grew his company Paychex to a $28 billion company with more than 670,000 customers. How? Because he had the entrepreneurial foresight to see what giant established competitors did not: that more money could be made off of the 95% of the payroll services market comprised of small businesses than the deep pocketed corporate giants getting chased by everyone else. Golisano wasn’t born with an instinct to think entrepreneurially but instead honed this skill over a long

career of leading Paychex and other companies. In his new book Built, Not Born: A Self-Made Billionaire’s No-Nonsense Guide for Entrepreneurs (Harper Collins Leadership, February 11, 2020) Golisano shares these hard-won lessons for turning good ideas into thriving businesses and building them to grow and endure. From assessing whether a business concept has a chance of getting off the ground to executing a sound exit strategy from the company Built Not Born is for entrepreneurs at any stage of their journey. In keeping with the general principle of minimizing risk and tilting the odds in one’s favor, it explains the advantage of having a recurring revenue stream and diversifying one’s product range. More than once it admonishes entrepreneurs to do the math. The bedrock of business, however, remains integrity and respect.

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TOM GOLISANO SHARES WHAT HE HAS TO SAY Business plans should not double as doorstops. It takes only a single page to calculate the viability of a business. Anything beyond that is strategy, useful but peripheral. In negotiating, one should create a good deal for all concerned. A deal that both sides feel good about, or at least think is reasonable under the circumstances, is a win-win, and win-wins can lead to long-term relationships. Any relationship built on someone having to be the loser can never be good for a business in the long run. It is important to nurture the image of a company from day one. A company’s public profile influences everything from employee morale to customer satisfaction and investor interest. Entrepreneurs, whether fledgling, struggling, or successful, will gain an edge from wise, actionable nuggets of wisdom like this from Golisano. They’ll learn from the trenches what really works from a businessman whose fortune is the result of defying the status quo and championing common sense. Industry Leaders Magazine - March ‘20 | 044


JOHN PAUL DEJORIA For those of you don’t know, JP DeJoria is the founder of Paul Mitchell and also Patron Tequila. DeJoria’s advice to young entrepreneurs is to pay it forward from day one. “Do it before you even start your business,” he says. “Successful people do all the things unsuccessful people don’t want to do.” Here are some tips from DeJoria on how to become a self-made billionaire. Community: Join a community of entrepreneurs. As your progress in your idea, find more elite communities to provide value to. Communities are for YOU to help. Not to help you (although that often happens).

Feedback: Seek feedback from everyone you know (and haven’t met yet) to make sure your startup idea is actually something real that provides specific value to future or current customers. Mentorship: Accelerate your entrepreneurial career by identifying key mentors in your community. Find a way to get an in-person meeting with. Help them and understand how they gain value from the relationship. Know relevant questions to ask them about your startup.

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Facing The A

India has a population of 7 bil to this fact—robust digitization you have a perfect scenario take off. India is the third-lar world, according to NASSCO for IT companies in India. Chin and second positions. India ha unicorns, 24 i.e. companies wit


Adult World

llion people and growing. Add n and mobile penetration, and for tech-based businesses to rgest startup ecosystem in the OM, a trade association body na and the US occupy the first as the third-highest number of th a


AFTER WALMART BOUGHT OFF FLIPKART FOR $16 BILLION, EARLY INVESTORS ARE LOOKING FOR SECONDARY DEALS. POLICYBAZAR SAW THE EXIT OF INVENTUS CAPITAL’S US $25 MILLION STAKE. BYJUS, THE ONLINE EDUCTECH VENTURE, IS SET TO SEE ITS EARLY INVESTORS WORTH $100-200 MILLION SEEKING AN EXIT. THIS MEANS MORE SERIOUS INVESTORS, WHO ARE LOOKING TO SCALE UP TO THE NEXT STEP OF EXPANSION AND GROWTH WITH SERIOUS RETURNS, WILL TAKE OVER. India has a population of 7 billion people and growing. Add to this fact—robust digitization and mobile penetration, and you have a perfect scenario for tech-based businesses to take off. India is the thirdlargest startup ecosystem in the world, according to NASSCOM, a trade association body for IT companies in India. China and the US occupy the first and second positions. India has the third-highest number of unicorns, 24 i.e. companies with a valuation of over a billion dollars.

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Flipkart Co-founders Sachin & Binny Bansal

For the past decade, India has seen many companies achieve unicorn status. Be it Flipkart or Oyo or Swiggy, they all started as small ideas played out by young entrepreneurial enthusiasts, wanting to venture out on their own.

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The startup rush in India started due to the large scale penetration of mobiles, a middle class focused on STEM-based education that churns out engineering graduates, and a robust entrepreneurial spirit. There is no single definition of a startup. The main ingredients should be an out-of-the-box idea or invention or service that takes off. A startup is deemed one only in its initial seven-year journey or till it has crossed a turnover of 250 million (in India). After that, it enters the big league.

India has seen startups and innovations in IT, AI, AR/VR, IoT, finance, food tech, healthtech, Ritesh Agrawal, founder and CEO of OYO Ro and agritech, among others. Another push that the country got to the startup culture was the government of India’s policy on startups, and venture funds and offshore fundings ready to take a bet on a developing country. The number of startups in the country has gone up from 7,000 in 2008 to 20,000 in 2018, according to a KPMG report. Startups in India raised $3.9 billion from venture capitalists in 2019. This fiscal trust was buoyed by the buyout of Flipkart by Walmart last year. Industry Leaders Magazine - March ‘20 | 050


Tier II Cities The passion for startups has not been restricted to the tier 1 cities, tier II cities like Kochi, Jaipur, Ahmedabad, Lucknow, Indore, Ranchi, and Patna are witnessing a new interest in such ventures. The initial interest in B2C startups has gone on to B2B now, with the focus of the early startups shifting to the enterprise side of businesses. It is the tier-II cities that are now venturing into the B2C space. This has expanded the reach of businesses to a broader consumer base. The changing shopping habits of consumers in these towns has created opportunities for a down-the-stream supply chain network, which extends to smaller startups in the hinterland filling the gaps in warehousing, transport, agriculture, or even content management.

ooms

Shape Up or Ship Out According to some experts, the startup ecosystem has entered the second phase of its evolution. Where earlier it was focused on the idea, and setting up of business and attracting funding, now the market is evolving towards sustainability.

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Venture capitalists and investors are no longer happy to be rolling in the money and acting as incubators and mentors, they are looking for returns now. Investors and VCs are looking at scaling up businesses, sustainability, and growth. The culture of getting money on-demand based on future performance is drying up. Deepinder Goyal, Co-founder and CEO of Zomato

The change can be seen internationally too. Recent IPOs of WeWorks, Lyft, and Uber, faced disappointments on the bourses. SoftBank, one of the prolific investment funders, had to come up with a 9.8 billion bailout package for WeWorks. This, and trouble at Lyft and Uber, where also it had stakes, has made the international investor take a rethink. The message is “shape up or ship out.” The many retrenchments and trouble in the fast-food delivery space and the hospitality sector in India is a case in point. Swiggy, Zomato, and Paytm have realized that their cash-burning practices need to be curbed. A slowing economy and inflation have also added to the woes. Sandeep Murthy, managing partner at Lightbox Ventures, backer of

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furniture rental startup Furlenco and rebel Foods, said in an interview, “Many companies that have been quietly building and solving truly unique problems have achieved scale.” “They are now being rewarded with capital that will allow these businesses to continue to grow… in many cases profitably.”

Exits Moreover, the startup scene will see exits. After Walmart bought off Flipkart for $16 billion, early investors are looking for secondary deals. PolicyBazar saw the exit of Inventus Capital’s US $25 million stake. Byjus, the online eductech venture, is set to see its early investors worth $100-200 million seeking an exit. This means more serious investors, who are looking to scale up to the next step of expansion and growth with serious returns, will take over. Larger Indian companies like Reliance will also move into the space by buying up smaller ones and consolidating according to specializations. More established industry names may follow suit. The Indian startup scenario seems to be shifting focus into the next realm with the initial successes either selling out (such as Flipkart) and moving to fresher pastures; smaller cities taking up the mantle of occupying the B2C space; and the big guns of venture funding and investors coming in to take the startups into the next phase of growth and expansion.

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Business Magnates

By : Anna Domanska

When it comes to inspiring business leaders, every generation has an abundance of extraordinary names to offer. Some names from the past are taught about in every management class the world over. Industry Leaders Magazine - March ‘20 | 054


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Some are arguably the most important names of the 20th century, and some have inspired an entire generation to think different. Now, with an electrifying and unstoppable wave of nextgeneration entrepreneurs coming to the fore in the business world, an increasing number of young men and women are finding themselves in need of something a little more than inspiration. We’ve delved into each generation since the 18th century done our best to learn how these rarest of creatures were able to create the world’s most valuable company while still living a normal life. Renowned for their legacy and lifetime accomplishments across science, culture, and charity, these are the people aspiring entrepreneurs will always look up to.

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CHANGING THE FUTURE Henry Ford

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A business that makes nothing but money is a poor business. The founder of the eponymously named automobile company, Henry Ford fundamentally underpinned a method of economic growth and key capitalist drive. Mass production is a pretty glorious thing and Ford is unarguably the most important and significant name tied to it. After all, it was he who pioneered it. Henry Ford was born into abject poverty. He never went to school at all, but went to design and hand-built cars, unaware that he was about to change the face of the automobile industry.

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Elon Musk Nobody wants to buy a $60,000 electric Civic. But people will pay $90,000 for an electric sports car. A decade ago, Elon Musk wasn’t a name we knew. With the exception of a few well-informed journalists, investors, and people in the financial district, the ordinary man would have struggled to name few, if any, of the billionaire’s achievements. Look where we are today. Over the years, Musk’s projects have made up realize that the future of mankind lies in his hands. From being on top of the electric car games to making space travel his lair, Elon musk had now made a name of himself on the global stage. It’s fair to say that Elon Musk likes to push the limits of his genius. He’s the inspiration behind Marvel’s depiction of its most popular character till-date, Tony Stark in the Iron Man franchise. Inspired by Henry Ford’s approach to business, Elon Musk is implementing whatever technologies or means are available to fulfil his lofty ambitious. Sure, he’s got vision - be it pioneering Hyperloop Project or sending people to Mars. Elon Musk’s observations couldn’t be truer when he said: “When Henry Ford made cheap, reliable cars people said; ‘Nah, what’s wrong with a horse?’ That was a huge bet he made, and it worked”. Industry Leaders Magazine - March ‘20 | 060



ADDING LUXURY IN EACH DETAIL Coco Chanel

Success is often achieved by those who don’t know that failure is inevitable. The eponymous brand with the most recognized luxury logo in the world with its swirling intertwined Cs is a French brand started by Coco Chanel in 1909. She was a disruptor in the fashion industry and a legend who redefined fashion in Europe. Industry Leaders Magazine - March ‘20 | 062


A catalyst in the fashion industry, she changed the way women dressed and deported themselves in the early 20th century. Her life and times have inspired movies, plays and many biographies. She was born in France and was put in an orphanage with her two sisters by her father, who was a travelling salesman. Her interest in sewing and clothes was fostered by the nuns there. She acquired the name Coco as a singer. After leaving the orphanage, she started works as a seamstress and sang at bars in the nights. Soon she acquired admirers who set her up in the millinery business and introduced her to the aristocratic lifestyle. Coco used her exposure and creativity to flourish her small boutique by designing non-fussy outdoorsy type of suits and frocks for women. The times were just right for such an endeavor (the First World War 1914-1918). Women were coming out to work and actively participating in the war effort. Her iconic black dress took off after the war. She embodied class, luxury and style and an insistence on celebrating the body and beauty. She took ideas from men’s fashion and incorporated collars, buttons and cinched waisted coats in her designs. Her evening wear used lace lavishly. The second world war saw her consorting with the Germans, and after the war, she had to leave France. She settled in Switzerland. She made a comeback with her famous perfume and iconic Chanel suit, which till today is iconic and worn by women. The Chanel brand value has shot up from 7.2 billion dollars to 11.2 billion, according to the latest figures. It has over three hundred and twenty shops all over the globe. Industry Leaders Magazine - March ‘20 | 063


Jean-Paul Gaultier Designers are to be in connection with what’s happening with the movement of society. Gaultier, 67, has dressed stars from Nicole Kidman and Cate Blanchett to Lady Gaga and Rihanna. He is most famously known for designing the “cone bra” corset for Madonna, Gaultier was a fashion protégé and was designing for his mother and grandmother from the age of 13. At age 17 he sent his designs to Pierre Cardin and was hired by him immediately. He had no formal training in fashion but was a natural. He launched his own fashion label in 1976 and held a fashion show of his line. He is known to be edgy and incorporates street elements in his couture style. Gaultier’s corset-style put undergarments into focus. He tried to subvert gender demarcations and even introduced skirts for men. He was seen in kilts often. He sold a 35 per cent stake in his business to Hermes and later joined them as a creative director. He has worked in many films as a designer: Bad Education (2004), The Skin I Live In (2011). The City of Lost Children and The Fifth Element. He has expanded his business to include children’s line, fragrances and more. Recently, he sold a 60 per cent stake in his company to Puig, a Spanish fashion house.

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MEN WHO BUILT AMERICA Cornelius Vanderbilt

Education is an admirable thing, but it is well to remember from time to time that nothing that is worth knowing can be taught. The Vanderbilt family was one of the wealthiest families of America and Industry Leaders Magazine - March ‘20 | 066


had a hand in making the US a leading capital economy. The family fortunes were started by Cornelius Vanderbilt when he started a freight business off Staten Island with $100 borrowed from his mother. He expanded his passenger and steamboats business into railroads. He came to be known as Commodore Cornelius due to his shipping prowess. When Cornelius died in 1877, he left 95% of his fortune — nearly $150 billion in today’s terms to William (Billy) Vanderbilt, his son. Billy expanded the rail business and also built what became the world’s most famous railway depot, the Grand Central Terminal, in 1871. After Billy, it is said the heirs excelled at enjoying their inherited wealth. If you weren’t a champion polo player, sailor or auto racer, you weren’t living up to the family name. The Vanderbilt family built many prized mansions, a university, made philanthropic donations to universities, dabbled in arts, racing, and equestrians. The Vanderbilts pioneered the Gilded Age of design, building numerous mansions across the country. They had a string of houses in Newport, Rhode Island, including The Breakers, and 10 mansions on Fifth Avenue in Manhattan. The most famous heir of Vanderbilt’s is the 6th generation Anderson Cooper, journalist and author. Industry Leaders Magazine - March ‘20 | 067


Koch Brothers The role of business is to provide products and services that make people’s lives better - while using fewer resources - and to act lawfully and with integrity. The Koch Industries was founded by Fred Koch in 1940 and is now the second-largest privately owned company in the United States with $110 billion in annual revenue. The majority stakes are owned by his two sons, David and Charles Koch, known as the Koch brothers. They each own 42 per cent share in the company. David died in 2019, leaving his fortune to his children. Fred Koch made his fortune by inventing a process to extract gasoline from crude oil. The company has expanded its operations beyond oil refining into industries such as agriculture, venture capital, finance and consumer goods manufacturing. The Koch heirs were trained to take over the business at a young age. Their father once famously said that he did not want his sons to become country-set bums. There were four Koch brothers. Two sold their stakes to David and Charles in 1983 and ventured on their own. All four brothers have fought cancer diagnosis, and all donate to cancer research. They have funded the Koch Institute for Integrative Cancer Research at MIT. Charles Koch and his brothers David donated more than $150 million to the Memorial Sloan-Kettering Cancer Center.

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David and Charles have disproved the fact that family firms tend to shine for some time then dwindle away. The next generation is already groomed and ready to take over. Chase Koch, David’s son, helms their foray into the new technologies.

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LIVING LEGACY Walt Disney

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Get a good idea and stay with it. Dog it, and work at it until it’s done right. At 22, Disney was fired from the Kansas City Star for “not being creative enough” and now, a century later, to say that Walt Disney has become a household name would be an understatement. An entrepreneur in every sense of the word, Walt Disney turned a vision that he had from a young age into a dynasty that will grow on for decades to come. In a biography of Walt Disney, author Neal Gabler quotes the American showman to have said: “Somehow I can’t believe that there are any heights that can’t be scaled by a man who knows the secrets of making dreams come true. This special secret, it seems to me, can be summarized in four C s. They are curiosity, confidence, courage, and constancy.” Walt Disney’s accomplishments can be rightly compared to the most successful business magnates in history. Industry Leaders Magazine - March ‘20 | 071


Mark Zuckerberg By giving people the power to share, we’re making the world more transparent. Love him or hate him, Mark Zuckerberg is here to leave a legacy. As the face of the Internet 2.0, Zuckerberg is one of the most recognized names worldwide. The famous Harvard dropout has amassed an insane personal wealth of $68.2 billion, making him the fifth-richest person in the world. The self-made billionaire has signed the Giving Pledge, which means he will donate at least 50 percent of his net worth to philanthropic causes in his lifetime. In 2020, he donated more than $100 million to save the Newark school system in New York.

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The beauty and accessories business is dynamic, changing with the demands of the consumers. But the constants are quality, detail, exclusivity and the feeling of luxeness. Leather has been used as outerwear and for protection against the elements since man walked the earth. With time, new techniques to treat leather to make it odorless and tan it for smoothness and color have turned into couture. It has become a luxury symbol because of the craftsmanship, high cost of treatment, and the status attached to carrying a beautiful handbag, luggage or a coat. No fashion statement is considered complete without a fashionable handbag on the arm and matching footwear. During the world wars, a bomber jacket denoted flying class and a certain panache. James Dean and his leather jacket on his motorbike became iconic for all that was cool and droll. From the 60s to the 80s, European designers such as Claude Montana, Versace, Armani, Ungaro, Fendi, Gucci, Alaia, and Hermès took the lead in leather apparel design. American designers like Ralph Lauren, Calvin Klein, Geoffrey Beene, Donna Karan, and Bill Blass followed suit. In the 2000s Chinese goods and the lure of cheaper labour shifted the focus, but bespoke luxury leather never lost its lustre and maintained its exclusivity with people. Here we bring you some well-known brands and some quite bespoke leather makers who have been in the business for well over a century catering to the discerning and the appreciative.

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THE FRYE COMPANY It was started in 1863 by John A Frye in Marlboro, Massachusetts. During the 1960s Frye made custom boots for Jackie Kennedy, Jerry yLewins, Barbara Streisand, Candice Bergen, Carole Kind and Richard Nixon. Their cowboy boots, Rancher, started a trend in the 1940s. The company was the first one to make the Harness Boot in the 1960s. Their Camp Boots were the in thing to wear in colleges in the US in the 70s. Jimlar acquired Frye from the Kravetz Group, that produced the Coach brand and in 2014 it became a part of the Global Brands Group. They adopted the iconic double F symbol in the 70s. The company is a heritage brand and a favorite amongst rockstars and celebrities. Frye now has a digital presence along with over 16 iconic stores all over the world.

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DAHLMAN1807 Dahlman 1807 is the world’s oldest leather company making beautiful handcrafted products. Master saddle maker Wilhelm Ludvig Dahlman started the company in Copenhagen in 1807. Wilhelm was appointed the royal saddler in 1825. The company was extended beyond the borders of Denmark by his two sons who gained recognition for their craftsmanship in international markets.

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Dalhman moved into belts, shoes and bags in the 1940s. The company is famous for its Architect’s bag and The Dahlman Belt that are still handmade at their workshop. Arne Jacobsen and Hans J. Wegner, famed architects were regular customers and collaborators. Well Known designers and artists collaborated with Dahlman to come up with bespoke sandals, chairs, and more. Jeppe Dencker now runs the company. Industry Leaders Magazine - March ‘20 | 077


DELVAUX Delvaux, founded by Charles Delvaux in 1829, is a Belgian brand manufacturing fine leather luxury goods. Delvaux is credited with inventing the modern handbag.

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Delvaux filed its first patents for handbags in 1908. The brand was the first one to introduce the seasonal collections, mirroring the practice of Haute Couture. Delvaux bags are works of art made by its skilled craftsman. They are quirky and witty, infusing each creation with an unconventional touch. The designer brand has created more that 3,000 handbag designs since 1829. It catalogues each and every step of the design process in Delvaux’s Golden Book, the “Livre d’Or”. Their most iconic design is the Brilliant collection launched in 1958 and is on the heritage collection list of every fashionista.

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LOUIS VUITTON The French brand was founded in 1854. Legend goes that Louis Vuitton was the personal packer and portmanteau maker of Napoleon’s consort Countess Eugenie de Montijo. The box maker used this opportunity to expand his business, and he soon became popular for his elegant luggage designs. The first Louis Vuitton bag was showcased at the 1892 leather world fair. The bags are made for durability and have heritage value. All bags left unsold after its season are shredded to retain design exclusivity. Louis Vuitton has 500 outlets in over 50 countries. With all the counterfeits available, one would think the brand would lose its sheen, but it is still a formidable presence and something to aspire to own. The brand’s net worth is 28.8 billion dollars.

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GOYARD Goyard, established in 1853 in Paris, is a French trunk and leather goods maker. Pierre-François Martin started it. The brand is exclusive and does not believe in advertising. It allows its goods to be sold in very limited outlets. Its hand-painted Chevron patterned bags are coveted among the fashion set. “Their brand is not just about legacy and heritage, it’s also about functionality,” Rati Levesque, Chief Merchant of luxury resale site The Real Real, noted. “Their bags are easy, light, and well-made. The brand holds resell value because it’s like an heirloom. It’s an insider’s bag, but it doesn’t scream luxury.” They thrive on their confidentiality and exclusive status, though they are not as expensively priced as other luxury brands. You can own a Goyard tote for $1000 plus.

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MOYNAT Moynat is a French luxury fashion company opened in Paris in 1849 by trunk-makers Octavie and François Coulembier. The brand name Moynat came into being when the two joined forces with Pauline Moynat, a designer specializing in making travel accessories.

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Moynat painted client’s initials and family crests on the side of trunks that travelled around the globe since inception. They offer the same services of lettering in their own fonts. They have revived the art of leather marquetry where different pieces of leather are incorporated to make a final motif. A single artist makes their handbags from start to finish. The Rejane is an iconic handbag named after the Belle Epoque actress Rejane. Moynat is privately owned by Bernard Arnault. Industry Leaders Magazine - March ‘20 | 082


COACH Coach has a rich history and tradition in the world of handbags. Coach started off as the Manhattan Leather Bags company by Lillian and Miles Cahn in 1941. Cahn was inspired to design a handbag after seeing a baseball glove. He used flexible, supple leather and good stitching and craftsmanship to design the original 12 bags. In 1862, Bonnie Cashin, the iconic designer, joined the company. She is credited with designing the brass toggle hardware on Coach bags and the Coach duffle bag. She designed bags in bright colors with the interiors always lined in madras checked cotton, her hallmark. In the 1990s, they launched the C logo. They expanded into men’s luggage, briefcases, wristwatch straps and phone cases. They have more than 900 stores worldwide. Industry Leaders Magazine - March ‘20 | 083

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By : Carrie Anna

Sustainable investing, green investing or ESG (environmental, social and governance) investing has found many takers in recent times. The world has become more concerned about the fallout of climate change, natural disasters, and manmade health crises on the global economy. So much so that sustainable metrics are integrated into investment decisions when determining what bonds, equities to buy.

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Approximately 26% of all managed money in the US is invested using ESG, says Haleh Moddasser, Partner and SVP at Stearns Financial Group based out of Chapel Hill, North Carolina. “However, this is primarily at the institutional level. Recently, however, the demand for ESG by the retail investor has skyrocketed.” “ESG offers another way, beyond politics and philanthropy, to leverage your

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ESG investing takes into account factors like companies’ carbon footprints, employee diversity, labor governance and politics, or accounting practices, among other factors. The IMF estimates that there are now more than 1,500 equity funds with an explicit sustainability mandate and investors are buying stocks in companies with a good track record in ESG issues. Sustainable funds attracted more than $20 billion till December of last year. The IMF report says that ESG funds perform at par with conventional equity funds. Recently, equity firm BlackRock CEO Larry Fink said in a letter to CEOs that climate change had become a defining factor in companies’ long term prospects. He sees a significant reallocation of capital in this direction shortly. The major trend that will be seen in ESG investments by companies is in the way they see it impacting their bottom line. The focus will shift from how to prevent global warming, carbon footprints, implement sustainable policies, green environment, and diverse equitable policies of governance to how does climate impact us? The focus will shift on the actual physical risk of long term exploitation of nature and its bounties, the scarcity of water, fossil fuels, and the financial impact of regulations on high-carbon emitting industries. More ambitious carbon-reducing technologies will see massive investments, and instead of governments,

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Growth of ESG-Dedicated Funds ESG funds are still small compared with mainstream investment funds, controlling some $850 billion in assets (less than 2 percent of the total investment fund universe), but are rising fast. Equity funds traditionally had a much faster adoption rate of ESG factors than fixed income. ESG equity funds have reached $560 billion in 2019.

Sources: Bloomberg Finance L.P.; JPMorgan Chase & Co.; and IMF staff calculations.

increasingly the corporate leadership will be driving the change. The formation of RE100 is a case in point where more than 150 big entities have come together to source 100 percent renewable energy. Industry Leaders Magazine - March ‘20 | 087


“For the first time since WWII we sense a shift in which climate and the environment — not growth — will become the priority of governments and their citizens, as shortages of food, clean water and air become existential questions,” Saxo Bank Chief Economist Steen Jakobsen said in his latest quarterly outlook report. Corporate transparency in ESG based issues and investments will gain ascendency. The United Nations’ Principles for Responsible Investment has more than 2,900 signatories from asset managers to institutional investors. Investment agencies and fund managers will screen for ESG in its investment recommendations. Stock exchanges (49) all over the world have committed to ESG disclosure guidelines for all their listings. The 2020 Global ETF Investor Survey from U.S. private bank Brown Brothers Harriman (BBH) found that almost one in five investors said they would allocate between 21% and 50% of their portfolio to ESG funds in the coming five years. Governments are mandating companies to make full ESG disclosures. They are coming up with subsidies and incentives for companies to go green. With rules and regulations governing more sustainable growth of industries and investments, companies that are greener and

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In five years, what percentage of your portfolio will be ESG ETFs? US Europe

Above 50%

Greater China

4% 5% 12%

21 - 50%

11 - 20%

18% 31%

10%

26%

29% 31%

6 -10% 29%

1 - 5% 7% 35%

9% 19%

0%

3%

31%

1% 0%

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environmentally responsible and adoptive of these trends will be the next big unicorns, predict some analysts. The AIMA and KPMG conducted a survey of 135 institutional investors and hedge fund managers from 13 countries, and found that 84% of managers were interested in ESG-orientated funds. Growing investor demand (72%), alignment with corporate values (37%) and evidence of material sustainability (35%) were the main three drivers behind increased adoption of ESG strategies, according to the survey, reports CNBC. Companies are committing to technologies that are innovative and providing more sustainable solutions. Electric vehicles, renewable sources of energy, innovative agricultural methods, construction using sustainable, green and ecologically friendly material, plastic use and recycling techniques to reduce choking the earth and the oceans are the investments that are being sought and followed. The UN Sustainable Development Goals are expected to be a roadmap for innovation, with revenue and savings opportunities estimated at over $12 trillion per year through 2030. Corporate boards will have to move into products and markets that are the future, aka sustainability and responsible governance. They will have to be on the alert to identify and manage their ESG risks.

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REGENERATIVE THINKING 1 lbs of red meat takes about 29 lbs of CO2 to produce. If you multiply this number globally, it’s an incredible quantity of carbon dioxide being produced by the sheer amount of cows in the world. The meat

The meat industry, especially the ones that employ concentrated animal feeding operation (CAFO), make up 50 percent of all manmade greenhouse gas emissions.

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industry, especially the ones that employ concentrated animal feeding operation (CAFO), make up 50 percent of all manmade greenhouse gas emissions. “Aside from carbon pollution, livestock farming produces runoffs that enter the streams and rivers, filling them with toxins, contaminating the water,” says Casper Ohm, editor-in-chief at Water Pollution. “In other words, by eating plant-based meat you can avoid polluting both our planet’s air and water supplies.” Sustainable investing is now one of the most exciting frontiers for the individual and corporate investor in 2020. “As we have all seen, with the success of Beyond Meat and Impossible Burger, there is a huge appetite for sustainable solutions that will have a positive impact on global, social and environmental challenges,” says Ryan Duncan, founder of Jubilee organics. Another sector to watch is agriculture, says Duncan. “The consumer is demanding responsibly raised livestock, fruits, and vegetables. Regenerative Agriculture will be an exciting sector to watch as regenerative farms all over the country are beginning to put the pieces together to learn how to generate a good yield, by leveraging the philosophy of commercial agriculture.”

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MONEY TALKS A decade ago, ESG investing was a small part of specialist SRI funds and investment managers serving faith-based clients. One of the most common requirements was to exclude ‘sin stocks’ from the client’s portfolio

Strategic response to climate change is becoming the number one indicator distinguishing acceptable from unacceptable investments – even for oil and gas companies.

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such as alcohol, gambling and pornography. “Today, major funds and banks are implementing ESG screening of their investments, with checks ranging from exposure to fossil fuels, and human and labor abuses in supply chains, to executive pay and workforce gender balance,” says Robert Blood, founder and managing director of Sigwatch, a global NGO tracking and issues analysis consultancy. “Strategic response to climate change is becoming the number one indicator distinguishing acceptable from unacceptable investments – even for oil and gas companies,” says Blood. This has led to the rise of ESG indexes and rating services to quantify the differences between strong and weak performers. Companies like Sigwatch are now helping investors fill the gap by providing data from campaigning groups which have no vested interest in the companies that are criticizing or praising. While the jury is still out, the wild success of companies like Tesla and Impossible Burger has proved that investors want to pump sustainable- and ethically-responsible companies’ stock to the moon.



CROWD FUNDED INC.

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Money is ubiquitous and plays a monumental role in deciding the direction where we’re headed today. These top VC ‘voices’ on Twitter & LinkedIn are here influence our lives today, tomorrow, and in the distant future. By : Christy Gren

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Venture capitalism is not meant for the faint-hearted. It is the playground of the rich, where the typical conservative, staid doyens of businesses playout for big stakes. Initially sought by tech startups needing money for research and reach to the market, now the scenario has changed to encompass any idea that can be sold to the interested VCs with a future promise of returns. Financing, retail, supply chain deliveries, real estate, coffee, chai and more is the wide spectrum of sectors that have attracted funding. According to Venture Pulse, a quarterly report on global VC trends by KPMG Enterprise, the third quarter of 2019 saw US$55.71 billion of venture capital investment raised globally across 4,154 deals. In 2019, roughly $294.8 billion was invested in nearly 32,800 deals across the venture spectrums, according to Crunchbase. Considering the scale of the investment seen across the globe in a myriad of sectors, let us take a look at the people behind the moolah.

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MARC ANDREESSEN

He is the co-founder of Silicon Valley-based venture capital firm, Andreessen Horowitz, also known as a16z He co-invented Mosaic, a pioneering web browser. He is an author, investor, inventor and a software engineer. A16z has invested in enterprise, bio/healthcare, crypto, and fintech spaces. a16z has $10B in assets under management across multiple funds, including the $650M Bio funds, the $350M Crypto Fund, and the Cultural Leadership Fund. He founded and later sold the software company Opsware to HewlettPackard. Andreessen is a board member of eBay, Facebook and HP Enterprises. He was one of six inductees in the World Wide Web Hall of Fame in 1994. Andreessen Horowitz’s portfolio holdings include Facebook, Foursquare, GitHub, Pinterest, Twitter, and Honor Inc.

MARC ANDREESSEN’S BEST BETS

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BEN HOROWITZ Ben Horowitz, 53, is an investor and blogger. He is co-founder and general partner with Marc Andreessen of the venture capital firm Andreessen Horowitz. He was a co-founder of Opsware along with Andreessen and they sold the company to Hewlett-Packard for $1.6 billion in cash in 2006. Later, Horowitz spent one year at Hewlett-Packard as Vice President and General Manager in charge of software development. Horowitz started a16z with an initial capitalization of $300 million which has now grown to $2.7 billion. Since inception, the firm has invested in over 150 ventures, including Facebook, Foursquare, GitHub, Pinterest, and Twitter. Horowitz is the author of The Hard Thing About Hard Things: Building a Business When There Are No Easy Answers. Horowitz’s blog on the Andreessen Horowitz web site is syndicated to over 10 million readers and is required reading worldwide for any new entrepreneur.

BEN HOROWITZ’S BEST BETS

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CHRIS SACCA Christopher Sacca, 44, is an investor, entrepreneur and a lawyer. He runs Lowercase Capital, a venture capital fund. His firm has over seventy technology and consumer startups. The fund invested in Twitter, Uber, Instagram, Twilio, Stripe, and Kickstarter. Crystal English Sacca, his wife, is a partner in the firm. The Wall Street Journal has called him one of the most influential businessmen in America. Before starting off on his own, he worked in Google and was a part of many of its groundbreaking divisions, and was the first recipient of its Founder’s Award. At present, he is involved in philanthropic works and many charities work like Charity Water, Anti Recidivism Coalition, Global Citizen Year and more. He has been a part of the Shark Tank series too. He has made 35 investments in various ventures. His company has invested in over 140 startups.

CHRIS SACCA’S BEST BETS

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FRED WILSON

Fred Wilson is the co-founder of Union Square Ventures, a New York City-based venture capital firm with investments in companies such as Twitter, Tumblr, Foursquare, Zynga, Kickstarter, and MongoDB. Union Square had $1 billion worth of assets to manage in 2016. No latest figures are available. Fred Wilson’s personal net worth is $1.2 billion. He also founded FlatIron Partners. Wilson is the Chairman of the NYC Department of Education’s CS4All Capital Campaign and is co-Chairman of Tech: NYC. He was an early investor in Coinbase, a cryptocurrency marketplace. He is an avid blogger too. His company has made 61 investments. He is a member of the boards in Etsy and KiK.

FRED WILSON’S BEST BETS

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MICHAEL MORITZ

Michael Moritz, 64, originally from Cardiff, Wales, is a partner at Sequoia Capital. He started his career as a journalist at the Time magazine. He wrote a biography of Steve Jobs, “The Little Kingdom”, well respected as an in-depth study of the man and his rise. He made the jump to venture capital firm Sequoia in 1986. Forbes estimates his wealth at $3.4bn, but Moritz himself puts it “a bit higher”. He has decided to finance the Booker Prize for the next five years. He stepped back from running Sequoia in 2012 but still comes to work and is on the board of 10 companies. His investments include Google, Yahoo!, Skyscanner, PayPal, Webvan, YouTube, eToys and Zappos.

MICHAEL MORITZ’S BEST BETS

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DOMINIQUE VIDAL

Dominque Vidal, 54, is a partner at Index Ventures. He was formerly managing director at Yahoo!. He is based out of the London office of the company. His current investments include BlaBlaCar, Criteo, Metapack, Navabi, Outbrain and Squarespace. Previously, he ran Yahoo Europe and led Kelkoo from inception to its sale to Yahoo in 2004. Dominique serves on the board of directors of Criteo S.A., a company specializing in digital performance advertising. He is on several other boards of companies, including Capa and Outbrain.

DOMINIQUE VIDAL’S BEST BETS

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KLAUS HOMMELS

Klaus Hommels, 51, is the founder of Lakestar, a Zurich-based VC firm with offices in Berlin, London, New York and Hong Kong. Hommels launched it in 2012 after years of investing singly in ventures. Hommels was an early investor in King.com, Skype and Spotify. He previously invested in Facebook as an angel investor and was an early investor in Harry’s, OpenDoor and Oscar Health in the U.S. He was ranked as one of the top Europe-based venture capital investors in the global Midas List 2013, 2014 and 2015

KLAUS HOMMELS’S BEST BETS

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DAVID LEE

David Lee is listed as a tee-ball manager for Bees Little League team on LinkedIn before his latest job listing as Managing Partner Refractor Capitals. Refractors raised $30 million for its second fund, according to the latest SEC filings. It is being said that Lee will now be withdrawing from the managing partner role and will act as chairman of Refractors due to health reasons. He founded SV Angel LLC with Ron Conway with whom he is entangled in a legal battle over fee and payments. He was named amongst BusinessInsider’s list of top 50 early-stage investors of Silicon Valley in 2012. He has invested in companies such as Dropbox, Twitter, Airbnb, Flipboard, Foursquare, etc. He helped start the New Business Development Group at Google where he was employed in the early part of his career.

DAVID LEE ’S BEST BETS

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DAVID OLIVER SACKS

David Oliver Sacks, 47, is an entrepreneur, film-maker, and investor in internet technology firms. He is a partner of Craft Ventures, which he started in 2017. It raised an initial fund of $350 million and has invested in companies including Bird, Bitgo, Cloud9, CloudKitchens, Harbor, Lightning Labs, Multicoin Capital, and SpaceX. Earlier, he was with Paypal and was its founding COO. He also started Yammer, which was acquired by Microsoft in 2012 for $1.2 billion. He was interim CEO of Zenefits for a year in 2016. He started blockchain startup Harbor in 2017. His angel investments include Facebook, Uber, SpaceX, Houzz, Palantir Technologies, SurveyMonkey, Slacks and Scribd. He has also made an award-winning film called Thank You For Not Smoking.

DAVID OLIVER SACKS’S BEST BETS

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JIM BREYER

Jim Breyer, 51, is founder and CEO of Breyer Capital. He was earlier a partner at venture firm Accel Partners. The investment focus of Breyers is on social media, artificial intelligence, entertainment/media, digital health, data analytics, and financial technologies. He has invested in over 40 companies that have had successful IPOs or mergers including Etsy, Marvel Entertainment and Legendary Entertainment. He was one of the first angel investors to invest in Facebook. His other investments are Didi, Etsy, Zumper, Kensho, Grammarly, ethereum and more. He is a board member of Blackstone Group and IDG-Accel China. His net worth is $2.6 billion.

JIM BREYER’S BEST BETS

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GLOBAL EVENTS FOR BUDDING ENTREPRENEURS By : Christy Gren

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The sharp decline in tobacco consumption over the past 50 years has been key to public health achievement. Today, only 21 percent of adults in the United States smoke cigarettes compared to roughly 42 percent in 1964. Over the years, slumping sales have shaped key trends in global tobacco production. First, per capita tobacco production has rapidly declined in the Americas and Europe, dropping to 80% of the levels in the ‘60s (Figure 1). Second, the global share of tobacco production has shifted from North America and Europe to Brazil, China, India, and some African nations. China remains a powerhouse in tobacco manufacturing production; in 2013, its total manufacturing production peaked US $17.8 trillion, accounting for 38.1% of the global total.

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Start-up Grind Global Conference This conference provides a suitable platform for entrepreneurs- with start-ups, strategic partners, investors, prolific thought leaders as well as worldwide directors coming together in one location. This is a unique platform for the newbies to connect and get ideas, make business contacts and earn invaluable education and inspiration from the two-day event. The content for the event is offered by worldclass leaders and speakers, a multitude of entrepreneurs as well as innovators looking forward to developing connections and indulge in hours of impactful networking and partnership opportunities.

Step Conference This event started as workshop sessions and gathering and grew to become one of the biggest tech experiential festivals in just seven years. With four detailed conferences, a showcase of 250+ startups and 6000+ attendees in two days, this is a perfect gathering of some of the best entrepreneurs as well as digital enthusiasts.

Slush Tokyo This is one of the leading start-up events, where the founders and tech professionals meet and mingle with top-notch international investors, executives as well as media. This event started as a 300 person assembly in Finland and grew to a world-famous event. This event aims to support the new generation of upcoming companies.

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Slush Tokyo Event Held in 2019

Wolves Summit This summit is not only for start-ups but also is a hotspot for the investors, entrepreneurs as well as corporate representatives. The prime aim of Wolves Summit is to introduce new opportunities for upcoming organizations and to make them acquainted with the investment environment. The attendees of this Summit get a chance to meet various specialists during the conference, specialists and contributors who help newbies in the growth of their businesses.

EU Start-up Summit With a gathering of more than 1,200 founders, start-up entrepreneurs, corporates, angel investors, VCs as well as media professionals from across Europe, this two-day event is an attractive opportunity for networking and connecting for budding entrepreneurs.

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RISE In just a short span of 8 years, Web Summit emerged to be one of the biggest tech conferences in Europe. The event last year attracted around 70,000 attendees from across 170+ countries. it witnesses leaders from most prominent organizations and start-ups, global media professionals, thousands of investors as well as attendees for three days coming together under a single roof

Start-up Fest This is one of the biggest start-up entrepreneurial events of Canada and is a positive gathering of aspiring founders, prolific innovators as well as veteran entrepreneurs from across the world. The event is an attractive opportunity for budding entrepreneurs to collaborate with leaders from the field of global technology and start-ups. There are keynote speakers, elevator pitches, tent villages, detailed workshops, informative conferences, real money prizes as well as fun activities in the fest.

Bits & Pretzels This is a three-day application only event that witnesses a gathering of more than 5000 founders, investors, decision-makers as well as start-up enthusiasts of the entrepreneurial ecosystem. The attendees meet for vision, information sharing, learning and networking in this event.

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Las Vegas - Venue for the Upcoming Start-up Fest 2020

Bread & Jam Festival This two-day conference as well as boot camp is especially for upcoming and scaling food and beverage brands, bringing together food as well as beverage founders and innovators, prolific investors, media professionals and industry leaders in the field to the event. One can expect informative panel discussions, inspirational keynotes, detailed workshops as well as mentoring sessions which will focus on the growth of independent food and beverage brands.

Web Summit This event started as a simple gathering. It aimed to connect the technology community with new ad upcoming industries. Web Summit

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has so far developed to become one of the largest technology conferences in the world, and it is ‘Europe’s largest and most important technology marketplace’. In seven years, the event grew from 400 to more than 70,000 attendees from 170+ countries. The Web Summit is a unique global event for leading technology companies of the world and for the ones who are interested in knowing the ways of transforming their businesses through disruption.

United Nations Secretary General on Centre Stage during the WebSummit 2018

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SaaStr Annual This three-day event is one of the biggest gatherings of B2B software in the world. The event witnesses 300+ handcrafted sessions from the best in the field of SaaS to help entrepreneurs build themselves. The event witnessed more than 500 one-on-one mini-group meetings guided by mentors and VCs in addition to speakers from leading organizations like Dropbox, HubSpot, Slack, Stripe and Sequoia Capital.

Montgomery Summit This summit continues to follow the 10-year legacy of Montgomery Technology Conference and witnesses world leader entrepreneurs, investors as well as executives to discuss and share information on crucial trends in the field of entrepreneurship and technology. The invitation-only event headed by Jamie Montgomery, includes 150+ vetted company presentations, refined keynotes, one-on-one minimeetings, insider panels as well as a unique session like the “The Rise of the Female Entrepreneur.”

Human Gathering This is a three-day event headed by an exclusive community of talented minds in the fields of business, technology, philanthropy as well as arts coming together under a single roof to engage and share information.

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EO Nerve This event is facilitated by the Entrepreneurs’ Organization, which is a global non-profit network of leading entrepreneurs looking for good networking. It is a multi-day learning event held annually, where members get a platform to learn and share information, expand their knowledge and witness keynotes by leaders.

BarCamp The event witnesses gathering of passionate entrepreneurs and people of diverse fields. This is the ‘unconference’ kind of meeting where the people become more laid back, agenda-free and come together to talk about what they want to do.

Techcrunch Disrupt The networking in this event is top-notch! If you are a tech entrepreneur and want to launch a start-up, this is where you want to be. You can take part in the demo competition and make sure to answer the tough questions asked there.

Nexus Global Youth Summit This event is conducted by the United Nations and focuses on recognizing the advancement of youth. The event witnesses top youth leaders in the field of philanthropy addressing issues and problems that young people face across the globe.

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Nexus Global Youth Summit Held in 2019

INC’s GrowCo The Grow Your Business Conference is a perfect place to attain advice and strategies for developing a business. The three-day conference is primarily for budding entrepreneurs as they get to listen to speakers like top-notch CEOs like businessman George Foreman.

Brite This conference, specially designed for educating attendees about how technology and innovation play a role in the growth of companies and in fulfilling their goals. The conference focuses on the importance of thinkers and enthusiasts in a changing environment.

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Ad Tech This global multimedia digital marketing conference annually hosts events across the world. The topics of the meetings held include media buying, media research, email marketing, mobile development, web analytics, as well as affiliate marketing and blogging.

Inbound Marketing Summit This bi-coastal conference portrays methods and ways of how to get customers and clients to your businesses. It is a two-day conference hosted by HubSpot.

CES The Consumer Electronics Show witnesses the biggest and leading innovative companies from across the world like Sony and Microsoft attending the event to display their new products and ideas. The conference is humongous and spans across five football fields with thousands of attendees as well as press professionals.

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GCEC The Global Consortium of Entrepreneurship Centres witnesses an attendee of 200+ schools coming together at the University of Southern California to share the best practices and methods of entrepreneurship education.

Inbound Marketing Summit 2018

140 Character Conference This is a travelling road-show portraying the changes and innovations of commerce and community. The event hosted by Jeff Pulver, witness leading speakers, cover topics ranging from fashion to education.

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Calendar listing our top picks for the best conferences, seminars, meetings, webinars, and more.

AUTOMOTIVE TYREXPO ASIA Tyrexpo Asia is Asia’s leading exhibition for Tyres, Automotive Repair Equipment, Tools, Parts and Accessories with the aim to connect the entire automotive community from manufacturers, distributors, retailers, wholesalers to garages and workshops owners. The exhibition will showcase the latest technology through extensive displays, technical workshops, and demonstrations, as well as cross-pollinate best practices and solutions to drive operational efficiencies and profits for businesses. Singapore 19 - 21 Mar 2020 Techno Classica Essen Techno Classica Essen boasts being Germany’s prodigy in the automobile technology industry. What adds to the event is that it comes up with Vintage & classic cars, motorcycles, restoration, spare parts, tools and maintenance products, classic cars, Tuning, historic commercial vehicles, boats, airplanes, model cars in the automotive industry, overseen by industry experts and cherished by attendees. 25 - 29 Mar 2020

MESSE ESSEN GmbH, Essen, Germany

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Thailand International Auto Parts & Accessories Show Thailand Auto Parts & Accessories is an excellent launch site for new products, as many international press representatives will be at the fair. Your products will be on a show to thousands of prospective buyers from major markets such as India, Malaysia, Japan, Singapore, Vietnam and the Philippines. 02 - 05 Apr 2020 BiTEC | Bangkok international Trade & Exhibition Centre, Bangkok, Thailand New York International Auto Show The event enables you to discover more than 1000 vehicles and everything about latest technologies in the topics safety and innovation. This event shows products like shows an incredible collection of cuttingedge design and extraordinary innovation. More than four floors of displays from the world’s automakers will feature the newest vehicles and latest futuristic concept cars and many more etc. in the Auto industry. 10 - 19 apr 2020

Jacob K. Javits Convention Center, New York, USA

Chengdu International Trade Fair for Automotive Parts and Aftermarket Services The CAPAS has generated tremendous responses and has become one of the leading platforms for the automotive industry in Southwest China. Moving towards its sixth edition, CAPAS continues to play a role in supporting the growing community by offering a platform for industry players to expand their business networks and exchange the latest industrial innovations. 21 - 23 may 2020 Century City New International Convention and Exhibition Center, Chengdu, China

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Banking & Finance African Farming Agro Investment Summit The African Farming Agro Investment Summit s specifically designed to embrace a wide range of stakeholders is like government officials, importers, distributors, agribusiness owners, C-level executives from food companies, trade union members and manufacturers and suppliers of agricultural equipment, machinery and services. The Tower Hotel, London, UK

12 - 13 Mar 2020 International Conference on Business & Economics

The Rationale behind the conference is to provide an opportunity and platform to channelize the various multidimensional and multidisciplinary streams of Business and Economics. With business we mean an act of making money by producing or buying and selling money. 18 - 19 Mar 2020

Hotel Mercure London Bridge, London, UK

International Conference on Accounting and Finance This conference provides opportunities for the delegates to exchange new ideas and application experiences face to face, to establish business or research relations and to find global partners for future collaboration. 01 - 02 Apr 2020

Carlton Hotel Dublin Airport, Dublin, Ireland

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Future of Digital Onboarding and Customer Experience Summit Future of Digital Onboarding and Customer Experience is a 2-day networking event with revolutionary Keynotes, Case Studies, & Panel Discussions. It aims to discuss the challenges and explore best-practices to optimize the Digital Onboarding, Customer Experience and Identity Management Processes. 16 - 17 apr 2020

THE WALDORF HILTON, London, UK

The Finance, Global Management, Economics, IT, Marketing, MIS, and Healthcare Management Research Conference The Finance, Global Management, Economics, IT, Marketing, MIS, and Healthcare Management Research Conference invites you to participate in the conference. The primary goal of the conference will be to provide opportunities for business related academicians and professionals from various business related fields in a global realm to publish their paper in one source. 21 - 24 may 2020

Crowne Plaza Times Square Manhattan, New York, USA

Mining Investment London Mining Investment London welcomes investors, fund managers, analysts and mining company management teams to one of the world’s great mining finance hubs. Featuring cash-generating producers, nearproduction development companies, project generators and exciting new discoveries, 121 Mining Investment offers investors the perfect forum to seek out their next big mining investment opportunity. 20 - 21 may 2020

etc.venues County Hall, London, UK

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IT & Technology International Conference on IT & Computer Science The Rationale behind the conference is to provide an opportunity and platform to channelize the various multidimensional and multidisciplinary streams of IT and Computer Science. Computer Science included all computers and computational systems associated dimensions, mostly software and software systems, efficient programmable logic data and mathematical algorithms. Information technology is considered to be subset of information and communication technology which applies the use of computers in context of business and other enterprise. 30 - 31 Mar 2020

The Roosevelt Hotel, New York, USA

International Wireless Communications Expo For over 40 years, IWCE has been North America’s premier Critical Communications event. It is the one place where Critical Communication technology professionals gather to evaluate, learn and network with industry leaders. It features a five-day conference program and an 80,000 square foot exhibit hall filled with nearly 400 exhibitors. Over 6,500 industry professionals from around the world attend from the government, public safety, utilities, transportation, enterprise, professional services and the dealer sectors. 30 MAR - 03 APR 2020

Las Vegas Convention Center, Las Vegas, USA

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Ireland International Conference on Education The Ireland International Conference on Education (IICE) is an international refereed conference dedicated to the advancement of the theory and practices in education. The IICE promotes collaborative excellence between academicians and professionals from Education. The aim of IICE is to provide an opportunity for academicians and professionals from various educational fields with cross-disciplinary interests to bridge the knowledge gap, promote research esteem and the evolution of pedagogy. 21 - 23 APR 2020

Royal Marine Hotel, Dublin, Ireland

Electronics Manufacturing Korea Korea holds its title for being one of the leading countries in the electronics manufacturing industry. Electronics Manufacturing Korea (EMK) is renowned as the largest show in the industry and has been representing the Korean market with the latest technological trends in all of its related fields. EMK offers new business opportunities through our prominent promotional programs. Expand your business affiliations abroad by taking aim at the Korean market to attract the highest number of qualified buyers and visitors found here at the show. 27 - 29 MAY 2020

COEX Convention Center, Seoul, South Korea

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Medical & Pharma PharmagoraPlus PharmagoraPlus is an international event focusing on the overall development of the Pharmaceutical industries worldwide. The event aims at increasing the overall domestic production along with the active participation of all stakeholders. The event supports by promoting all pharma products to be made and manufactured using industries. The event covers whole pharmaceutical processes from raw materials to its manufacturing. This event showcases product from Medical & Pharmaceutical, Scientific Instruments, Research & Development, Ayurvedic & Herbal industries. 14 - 15 Mar 2020

Paris Expo Porte de Versailles, Paris, France

SouthEast Asian Healthcare & Pharma Show SouthEast Asian Healthcare & Pharma Show is an international event focusing on the overall development of Pharmaceutical and medical industries in order to promote a healthy lifestyle worldwide. The event aims at increasing the overall domestic production along with the active participation of all stakeholders. The event supports by promoting all pharma and medical industry products and equipment to be made using the latest technologies and inventions and manufactured using industries. 20 - 23 APR 2020

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Kuala Lumpur Convention Centre, Kuala Lumpur, Malaysia INTERPHEX INTERPHEX is the premier pharmaceutical, biotechnology, and device development and manufacturing event where you can “Experience Science through Commercialization”. Professionals in the major pharmaceutical, cosmetic and detergent manufacturers are invited to see the latest machinery, production techniques, laboratory solutions and much more. 28 - 30 APR 2020

Jacob K. Javits Convention Center, New York, USA

Africa Health Africa Health is the largest international platform for promoting the ever-growing African healthcare markets. This event shows products like hospital and clinic services, hospital requirements and accessories, medical equipment manufacturing services, medical equipment supplies, pharmaceuticals, chemicals and compounds, medicines and other specialized medicines. It is quite an important event for all healthcare professionals and aims to bring industry professionals at a common forum etc. in the medical & pharmaceutical industry. 12 - 14 MAY 2020 Gallagher Convention Centre, Johannesburg, South Africa

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Power & Energy Oil & Gas Commercial Contracts and Negotiation Skills The Oil & Gas Commercial Contracts and Negotiation Skills will cover areas like Business Development managers seeking new opportunities in different countries Negotiators and contracting professionals. London, UK

09 - 13 Mar 2020

Solar Wind Earth Energy Trade Show Solar Wind Earth Energy Trade Show pays tribute to solar energy, solar energy systems, wind energy, wind energy resources, earth energy systems and resources and other systems and solutions alike. It is a specialized fair that tends to present innovative solutions and technologies of the industries and attract a large number of viewers, in this manner. 18 - 20 MAR 2020

Kim Dae-jung Convention Center, Gwangju, South Korea

Power & Electricity World Africa Power & Electricity World Africa bring innovators, disrupters and change agents together to talk and engage in healthy business pertaining to power and electricity. This serves as a platform for thought leaders and disruptors to showcase their solutions to Africa power and energy buyer community. This event focusses largely on creative, organic and customer-focused approach to bring new innovations in power industry.

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31 MAR- 01 APR 2020 Sandton Convention Centre, Johannesburg, South Africa Moscow International Oil & Gas Exhibition Moscow International Oil & Gas Exhibition is the platform where exhibitors get the opportunity, to present their products and hold faceto-face meetings with a large number of professionals sourcing oil and gas equipment for their businesses. The exhibition is attended by all oil and gas producing regions of Russia and the CIS. 23 - 26 APR 2020 Crocus Expo International Exhibition Center, Krasnogorsk, Russia Solar, Storage, and Smart Energy Expo - Southern California The Solar, Storage, and Smart Energy Expo - Southern California is an interactive event designed for solar, smart energy, and storage professionals who are working in and with the California solar market to make powerful business connections and will feature exhibitor led interactive training for installers, contractors, developers and the entire solar and storage supply chain, as well as networking opportunities. 14 - 15 MAY 2020

Marriott Marquis San Diego Marina, San Diego, USA

The Solar Show Philippines The Solar Show Philippines is the world’s largest energy event show. The event is a strategic conference and covers the market developments of the solar industry. The event involves more than 200 speakers, 5000 attendees, and 250 exhibitors. 18 - 19 MAY 2020

SMX Convention Center, Pasay, Philippines

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