Month: January 2019

“Valley of the Boom” Premiere screening at WERK1 with subsequent panel discussion

© National Geographic / Sebastian Gabriel

The global series event “Valley of the Boom“ n National Geographic starts on Sunday, January 20 at 9 pm. In a highly entertaining mix of documentary and game scenes, the six-part mini-series traces the big bang of digitization, the Silicon Valley of the 90s. Already four days earlier National Geographiczur invited to the exclusive German premiere of the first two episodes in WERK1. he following panel discussed the topic “Reasons then and now – Challenges and opportunities of digitisation”.

THE TIME OF THE DOTCOM BUBBLE TO TOUCH

Passionate founders who are obsessed with their ideas, serene investors hungry for success, aggressive representatives of the market powers or even wacky imposters – in the “Valley of the Boom” they all play their very own role. From the initial hype, to the bursting of the DotCom bubble, to the speculation-adjusted resurrection of this latest major technological revolution, the series portrays its protagonists. Both in the form of real interviews and in vividly recreated scenes.

In 2 x 45 minutes at the premiere the audience got a very good impression of the dynamics – both of the series and of the actual events. For the four other episodes, fans have to wait for the broadcast on National Geographic.

CLOSE TO THE TRUTH? DISCUSSION IN THE EXPERT PANEL

Immediately afterwards, the four panel participants talked about their personal experiences from the beginnings of the Internet:

  • Constantin Schwaab (Entrepreneur and Founder of Plain Energy, Kinoheld and Wirelane)
  • Jean-Paul Schmetz (Chief Scientist Burda Forward, Founder & COO Cliqz)
  • Axel Gundolf (Director TV der FOX NETWORKS GROUP GERMANY)
  • Dr. Florian Mann (CEO WERK1 & Co -founder von FERTILA)

The discussion was moderated by brand strategist and organizational trainer Anais Bock.

© National Geographic / Sebastian Gabriel

Jean-Paul Schmetz worked as an investment scout for Burda Digital GmbH and therefore knows each of the protagonists. Both he and Constantin Schwaab, who was looking for business partners in Silicon Valley in 2008, named the unique, high-density ecosystem in the Valley as a key factor of his success. At the same time, American legislation and the huge American domestic market favored the conditions for local start-ups. But in Germany, too, the start-up culture is now being promoted very strongly. However, all panelists see a need to catch up in the area of the founder mentality: liberalism, tolerance, agility, network and “big thinking”. Here, Germany is still lagging significantly behind and would rather bury itself in Excel lists than self-confidently cultivate that very decisive startup mindset.

FOUNDED IN THE 21ST CENTURY AND IN THE FACTORY1

This is where WERK1 comes into play. Because as an ecosystem, startup hubs like WERK1, in which founders can network, exchange and support each other, are almost indispensable. This is where ideas emerge and grow. The idea for this event, for example! Because the National Geographic team is based in WERK3. A cooperation with WERK1 was obvious in the truest sense of the word. And who knows what fruitful conversations were only held after screenings and panels at delicatessen burgers and hot dogs …!

Curiosity.ai in WERK1 – The Mission: Free Knowledge from Company Documents

One complete day per working week – according to a study by the management consultancy McKinsey, an employee wastes so much time on average searching for information before he can tackle his actual tasks. WERK1-Residents Leon Zucchini and Rafael Fernandes came across this problem in their everyday work and developed a solution. Their startup Curiosity.ai helps companies to extract the knowledge they have accumulated over the years from unstructured documents such as e-mails, presentations, etc. and to exploit previously untapped potential.

WHAT DOES CURIOSITY.AI OFFER?

Leon explains: “Imagine the Internet without Google. In most companies, the working day looks exactly like this. You’re surrounded by logs, presentations, text fields in databases, but you can’t find anything if you don’t know the exact term your colleague used to store the document 20 years ago. Searching for helpful content not only takes time, it’s also frustrating. The AI technique of the two helps to prevent this, to avoid duplication of work and to point out hidden connections.

This works by the AI software extracting the information from all documents of the company and combining it to a so-called knowledge graph, which maps the complete company knowledge. Based on this technology, employees can access the knowledge: Via cognitive search functions, automatic tagging and document analysis. Co-founder Rafael explains the special feature of the system: “No artificial intelligence is perfect right from the start, errors are normal. The unstructured language that prevails in companies is extremely complex. Our approach has been to develop a system that keeps improving by learning from its users. After all, they are the experts! And they make it more intelligent over time.”

BACKGROUNDS AND DEVELOPMENT OF THE STARTUP

The startup journey began six months ago – only in Leon’s living room. An important milestone was the move to WERK1. “That was a great step forward. Interesting discussions and contacts to other start-ups and investors have already taken place in the first few days. And we were welcomed friendly from the very beginning”. In addition, there would be the advantages of Munich as a location: Good connections, capital and a high quality of life. “It is not for nothing that Munich is repeatedly voted one of the most liveable cities. We also noticed this in the first job advertisements,” says Leon. “The applications came from 20 different countries.

WHAT’S NEXT?

The good feedback on the job advertisements meets well for Leon and Rafael. “Of course, we need very specially trained employees. And we need them very soon. Curiosity is growing steadily: First customers are on board and first product versions go live.” Despite their busy schedule, it is important for Rafael and Leon to get involved in the WERK1 community and give something back. Leon: “We already have many ideas that could be implemented together. So far, thanks a lot to you from WERK1 for doing such a great job!

WERK1 - Resident - curiosity.ai - Logo

Startup: Curiosity.ai
Website: www.curiosity.ai
Contact: hello@curiosity.ai