The Disruptive Effect
The 2017 Credit Suisse High-Tech Forum in London brought together more than 180 tech entrepreneurs and investors to explore the impacts of the latest disruptive technologies.
Master of Ceremonies Marisa Drew, Co-Head of Investment Banking and Capital Markets of Credit Suisse, paid tribute to London’s position as a global technology hub. She said: “There is huge excitement and enthusiasm for what is being developed in London. Technology is going to be one of the bright spots for the UK.”
Anthony Kontoleon, Global Head of Equity Syndicate, of Credit Suisse explained the factors behind the concentration of investment in the private market in recent years. He said 2017 could see the return of the IPO but noted M&A as a growing alternative for private companies.
A panel of entrepreneurs and investors discussed the current financing environment for tech companies. The conversation covered the availability of capital post series A and how to secure it and also challenges facing the sector.
Bernard Liautaud, Managing Partner, of Balderton Capital emphasised the importance of the people behind the technology. He said: “The characters of entrepreneurs are very important to us as investors. ”Scalability was one of the words of the day. “The real challenge is to create scale. How do you take the entrepreneurial magic that gets a company going and build really large companies?” said investor Sammy Rubin, founder and CEO, of yu.
Mike Lynch, founder, of Invoke Capital spoke about some of the key themes for tech investors, including artificial intelligence and the internet of things. “Due diligence is absolutely key. Be cynical about valuations,” he said.
Poppy Gustafsson, CEO Europe, of cyber security firm Darktrace agreed. “Look for the core technology”, she told the audience during a panel discussion on next generation technology. Topics included the growing influence of Gen-Z as consumers and the impact of automation on financial services, which Peter Smith,CEO, of Blockchain predicted would be the single most important tech trend of the next ten years.
As well as networking, guests had the opportunity to test some of the technologies of the future in the Forum’s demo rooms. A Start-Up Showcase gave five young tech companies a platform to describe how they are bringing disruption to their markets. Winner AppyParking wants to solve the problems of traffic congestion in cities. “We’re a very small team working very hard on an incredibly ambitious project. We just need support,” said founder and CEO Dan Hubert.
Start-up Showcase winner AppyParking describes its intelligent transport technology.
“The best days are when you walk out and your brain is buzzing,” said Marisa Drew in her closing remarks. The volume of conversation during the drinks reception suggested that participants found much to talk about at the 2017 High-Tech Forum.
Join the Conversation
The Forum in Three Minutes
Watch the trends, threats and technologies interesting tech entrepreneurs and investors at our High-Tech Forum.
To find out more about the 2nd High-Tech Forum, read the post-event summary.
Read more about speakers at the 2017 High-Tech Forum: London PDF (255 KB)
What Comes Next?
Watch Anthony Kontoleon talk about how Credit Suisse supports tech companies on the journey from start-up to IPO and beyond, and help the entrepreneurs behind them manage the fruits of their success.
Read about how Credit Suisse can help Technology Entrepreneurs PDF (633 KB).
Speak to our Private Banking & Wealth Management team:
- + 44 (0)20 7883 9900
- Contact form