August 1, 2019 | San Francisco

Venture Forward:
The Shift in Global Capital Flows & High Tech

Venture Forward kicks off in San Francisco this year, with a deep dive into the promise of global markets. In a world that is increasingly driven and captivated by technology — Silicon Valley is leading the charge, but the growth story is far more nuanced and broad across many new emerging tech hubs. An abundance of opportunity awaits investors who are willing to unlock value in new markets.

Leveraging Bloomberg’s unparalleled data and news resources we’ll bring executives to examine how venture capital and the investment industry will transform over the next decade.

August 1 - Thursday

8:00 am

Registration and Networking Breakfast

8:40 am

Welcome Remarks

Host

8:45 am

Venture and The Great Expansion

Over the last decade, the digital revolution has transformed daily life and the economy. Silicon Valley and New York led much of that innovation and VC action, but the promise of global high-tech startups is growing quickly — with venture volume outside the United States on the rise. In this panel, senior executives examine the role of Silicon Valley driving tech innovation and how the VC ecosystem is being redefined by Softbank and new global players from China and the Middle East change the power dynamics in the United States. What is the impact on VCs, entrepreneurs and nations alike? Who will be the winners and losers and why? Which new markets will be the global driver of prosperity? We’ll address the best approach to turning global investment into value.

Speakers

Moderator

9:15 am

The Next Tech Hub Powerhouse

While the San Francisco Bay area is one of the world’s leading cities for technological innovation, it might not be for long.

Rival tech hubs in Beijing, Tallinn and Tel Aviv are gaining dominance and could surpass Silicon Valley. Meanwhile the rise of vibrant startup ecosystems in Abu Dhabi,
Toronto and Istanbul are emerging. We’ll examine which countries are attracting the highest level of foreign investment and why. Furthermore, as rents skyrocket in San Francisco, tech towns across America are gaining dominance in Salt Lake City, Austin, Raleigh and more. How does this impact Silicon Valley? What strategies should investors adopt to take advantage of new opportunity? How are investors diversifying their portfolios and combating home bias to find the most value across the globe?

We’ll also learn which technologies will reshape industries from aerospace to education and have the biggest impact on local economies’ and worldwide over the next decade.

Speakers

Moderator

9:45 am

U.S. China-Trade War: The Impact on The Tech Ecosystem

A new turn in the trade war between the U.S. and China could push U.S. tech companies under heightened pressure. Beijing recently called on big tech companies like Microsoft and Dell to warn that they would face dire consequences if they cooperate with the Trump administration’s ban on sales of key American technology to Chinese companies. Even startups in Silicon Valley are shying away from Chinese cash. This latest escalation could signal a breaking point in what many are saying is a cold war between the world’s most powerful economies — which will have substantial impact on business operations across the globe. 

What impact will heightened economic tensions between the U.S. and China have on America’s tech ecosystem and its broader VC environment? Will startups who have received financial backing from Chinese VCs now shift direction to win points with Washington? As both China and the U.S. lobby to become the world’s tech behemoth, which is winning and how will Silicon Valley fare if Beijing and its tech ecosystems gain steam?

 

Speakers

Moderator

  • Candy Cheng

    Executive producer of Bloomberg Studio 1.0, Bloomberg News

10:15 am

Networking Break

10:35 am

Regulate Innovation

The United States may be home to 15 of the world’s 20 most valuable tech firms, but Europe will be the one to bring down the hammer on Big Tech. In March Google was fined $1.7 billion for strangling competition in the advertising market. And Sweden’s Spotify complained to the EU of Apple’s alleged antitrust abuses. But Washington has hesitated to regulate in fear of hampering growth. Plus, Silicon Valley has long-argued that regulation hurts innovation. But Europe’s unapologetic stance amid a slew of scandals seems to be influencing the appetite for regulation at home. The rollout of Europe’s major privacy law, GDPR, paved the way for similar legislation in California, which goes into effect in 2020. And U.S. presidential hopefuls are calling for tougher gloves too, making it more likely that Washington could be adding to Silicon Valley’s troubles.

Speakers

Moderator

11:05 am

Beyond Tech

HRH Prince Khaled bin Alwaleed bin Talal Al Saud, Founder and CEO of KBW Ventures, is one of the Gulf’s top venture capitalists and a well-known investor in a number of tech and deep tech companies, with a special focus on the now burgeoning areas of plant-based business models.  He is also a firm supporter of clean energy and the humane treatment of animals, and is a vocal supporter of the private sector in the Middle East. Prince Khaled will examine how LPs looks at VC — and if you are raising a fund — learn how to identify which type of LP is best suited for you.

He’ll also share how venture backed companies can best work with their investors for mutual benefits and investment interests in the often ignored B2B tech space.

Speaker

Moderator

11:30 am

IPO Boom or Blunder

The unicorn IPOs are upon us: Zoom, Cloudflare, Peloton, Postmates, Palantir and WeWork. Earlier this year Uber’s IPO stunned investors, disappointing Wall Street and Silicon Valley alike; but has recovered after a shaky first month of trading. Lyft’s first quarterly earnings also stalled out — neither delivering the oomph typically associated with big-name IPOs, much less ones from Silicon Valley. Tech has rebounded in 2019 following last year’s Facebook privacy troubles and Apple’s warning of sluggish iPhone demand in China. But the coast isn’t necessarily clear. We’ll assess what’s next for big tech as more Silicon Valley unicorns stampede Wall Street. What happens if they flop? And what happens if they leap, beyond expectations? We’ll also address the effect on private capital in either scenario. As we march closer to 2020, with a number of big names set to go public, the year of the IPO has not yet been written.

Speakers

Moderator

  • Mark Milian

    Global Technology Venture Capital Editor, Bloomberg

12:00 pm

Closing Remarks

Host

12:05 pm

Networking Lunch

1:00 pm

Event Concludes

Speakers

Deep Nishar

Senior Managing Partner SoftBank Investment Advisers

HRH Prince Khaled bin Alwaleed bin Talal Al Saud

Founder and Chief Executive Officer KBW Ventures

Ruby Zefo

Chief Privacy Officer Uber

Talia Goldberg

Partner Bessemer Venture Partners

David Lee

Co-founder and Chairperson Refactor

Ibrahim Ajami

Head of Ventures Mubadala Investment Company

Gene Munster

Managing Partner Loup Ventures

Cheryl Cheng

General Partner BlueRun Ventures

Nicole Quinn

Partner Lightspeed Venture Partners

Kathi Vidal

Partner Winston & Strawn LLP

Allison Baum

Investor Trinity Ventures

Heather Burke

Partner, Silicon Valley White & Case

James Cham

Partner Bloomberg Beta

Jack Cassel

Vice President New Listings & Capital Markets Nasdaq

John Gittelsohn

Reporter Bloomberg News

Dr. John Rutledge

Chief Investment Officer Safanad

Edith Yeung

Partner Proof of Capital

Sarah McBride

Reporter Bloomberg

Candy Cheng

Executive producer of Bloomberg Studio 1.0 Bloomberg News

Anne VanderMey

Editor Bloomberg News

Mark Milian

Global Technology Venture Capital Editor Bloomberg

Eric Dilulio

Associate Goodwin Procter LLP

Adam Draper

Founder and Managing Director Boost VC

Sponsor

Presenting Sponsor

Mubadala Investment Company actively manages a worldwide portfolio supporting the vision of a globally integrated and diversified economy, through sustainable returns to its shareholder, the Government of Abu Dhabi. In March 2018, Abu Dhabi Investment Council (ADIC) joined the Group.

Mubadala’s US $225 billion portfolio spans five continents with interests in aerospace, ICT, semiconductors, metals and mining, renewable energy, oil and gas, petrochemicals, utilities, healthcare, real estate, defense services, pharmaceuticals and medical technology, agribusiness and a global portfolio of financial holdings. Mubadala is a trusted partner, an engaged shareholder and a responsible global company that is committed to ethics and world-class standards.