David Butler (Coca-Cola) at Startup Grind 2016

TL;DR
Coca-Cola Founders is a platform that works with founders around the world to co-create startups, aiming to solve big industry challenges.
Transcript
good afternoon first of all let me just tell you what coca-cola founders is Coco founders is a platform where we start at precede and work with founders around the world to co-create startups and I'll talk a lot more about that but before I do let me ask you a quick question how many people have kids in the room kids yeah so last week I took my kid... Read More
Key Insights
- 😃 Coca-Cola Founders is a platform that allows Coca-Cola to co-create startups with founders, focusing on solving big industry challenges.
- ♿ The platform offers precede funding, a known market, and access to Coca-Cola's extensive network and resources.
- 👶 By partnering with founders, Coca-Cola is able to overcome the challenges of adopting new technologies and stay competitive in a rapidly changing market.
- 🌐 Coca-Cola Founders has launched 12 companies in 10 countries, demonstrating its potential for global impact.
- 😃 The collaboration between big companies and startups can be mutually beneficial, providing startups with resources and support, while big companies gain access to innovative solutions and new market opportunities.
- 😃 The challenges faced by big companies, such as Coca-Cola, in adopting new technologies and business models can be overcome by co-create with startups.
- 😃 The cultural differences and ecosystems between big companies and startups can present challenges in collaboration, but by finding common ground and focusing on shared goals, successful partnerships can be achieved.
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Questions & Answers
Q: How does Coca-Cola Founders choose which challenges to focus on?
Coca-Cola Founders identifies big industry challenges, both specific to Coca-Cola and more general, and brings in founders who are passionate about solving them.
Q: What kind of support does Coca-Cola offer to the startups they work with?
Coca-Cola provides precede funding through a convertible note, access to their network and resources, and business unit advisors who act as mentors and guides.
Q: How does Coca-Cola Founders address the difficulties of adopting new technologies?
By working with founders from the very beginning, Coca-Cola is able to co-create solutions that fit within their existing systems and overcome the challenges of technological transformation.
Q: How does Coca-Cola Founders scale their impact globally?
Coca-Cola Founders operates globally and partners with startup communities in different countries to address challenges specific to each market.
Summary & Key Takeaways
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Coca-Cola Founders is a platform that assists founders in developing startups to address industry challenges.
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The platform offers precede funding, a big challenge to tackle, and access to Coca-Cola's extensive network and resources.
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By partnering with founders and focusing on co-creation, Coca-Cola is able to overcome the difficulties of adopting new technologies and stay competitive.
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