REINVENTING BEAUTY: HOW ARE TECH STARTUPS REDEFINING THE RULES OF THE BEAUTY INDUSTRY?
Saturday, 17 March 2018 12:30 - 1:15 p.m.
The importance of innovation is not lost on most corporates. Much has been written about the drastically shortening lifespan of big companies, with the average tenure shrinking from 61 years in 1958 to 18 years.
But the most forward thinking corporates know that the best ideas don’t always come from within their own business. Instead they are setting powerful examples of how working with and investing in startups can help defend and grow market position, with many of these companies - mostly using new technologies - disrupting whole industries from the bottom up. The beauty industry included. Young businesses, all less than 10 years old, have reached billion dollar valuations and are replacing incumbent technologies and existing business models. Unilever acquired Carver Korea for $2.7bn, Estee Lauder purchased Too Faced Cosmetics for $1.45bn and the beauty brand Glossier recently raised $34m for its Series B.
At Founders Factory we matchmake startups with large corporates, providing an unprecedented opportunity for these new companies to scale.
With L'Oreal, our beauty partner, we grow five existing early stage technology companies and create - from scratch - two new startups per year.
In this session, I will present three of our most promising and exciting beauty startups, changing the face of the beauty industry.
Business Development Lead
Business Development Director
Marius T. KRISTIANSEN
Founder and CEO
Laura DELGADO, Business Development Lead, FOUNDERSFACTORY
Before joining Founders Factory, Laura spent 4 years at Goldman Sachs as an Associate in the Leveraged Finance team. She was in charge of helping corporates raise bonds and loans in the financial markets. Laura also worked at Weinberg Capital Partners, a mid-cap private equity fund in Paris. She graduated from EMLYON Business School and from East China Normal University (Shanghai).
Laura joined Founders Factory one year ago. Founders Factory is a new model for corporate innovation and startup creation, and has been backed by L'Oreal, Aviva, easyJet, The Guardian, Holtzbrinck and CSC. We have hired a team of 60 digital specialists to create 12 and accelerate 30 start-ups each year. Over the 5 year we will have built and scaled over 200 start-ups. Our mission is to help corporates to develop an innovative culture, to find the best startups to work with and to build disruptive technology.
As business development lead at Founders Factory, Laura helps partner the best startups around the world with the Factory's corporate investors and other corporate partners in her network. This involves helping position startup use cases, identifying and making introductions to the the right industry partners and designing ways for our ecosystem partners to work together. Her focus is on beauty, fashion and retail.
Maciej KIRYŁŁO, Business Development Director, TALKINTHINGS
Maciej Kiryłło is a partner at Talkin’ Things and he is responsible for business developement and relationship with key client.
He is Polish, speaks fluent French and English. He studied French Literature and International Relationships at the University of Warsaw where he gained a Masters Degree. He holds also an MBA from HEC (Haute École de Commerce).
Maciej has 20+ years experience in sales and marketing. He has almost 7 years of experience as a Deputy Managing Director at DDB Warsaw. He worked with brands such as McDonald’s, Nissan, Unilever, Nestle and Géant.
After leaving the agency side, he became a CE Marketing Director for HBO. Three years later he joined a Canal+ team as a Board Member.
Maciek joined Talkin’ Things in October 2015 and widely contributed to develop various marketing functionalities with NFC technology. Today he is responsible for business development and with his team, he creates tailor made NFC campaigns.
Marius T. KRISTIANSEN, CEO, BAD NORWEGIAN
Marius T. Kristiansen, CEO and co-founder of BAD NORWEGIAN. He holds a MSc International Marketing & Management. After working as a management consultant, he started full-time with BAD NORWEGIAN in 2012. The company was one of the first companies in Norway to successfully complete equity-crowdfunding, and is today distributed in Travel Retail, Beauty retail and eCommerce under the heading “MEN’S SKIN CARE MADE EASY”.
Andi HADISUTJIPTO, Founder and CEO, RIVITER
Andi Hadisutjipto is the Founder and CEO of Riviter, whose powerfully precise visual search automatically matches objects in images to products, people, and trends—enabling marketers with rapid consumer insights.
Andi’s background in marketing, e-commerce, and enterprise technology gives her firsthand experience with the challenges her customers face. She led the overhaul of search, e-commerce, CRM, and analytics infrastructure for 70K products across 40 countries at National Instruments, and also led the company’s largest business unit to double-digit growth with zero marketing budget increase as a product marketing manager.
Her passion of empowering curiosity and consumer knowledge inspired her to found Riviter in 2015. She holds a Masters in Business Administration from The University of Chicago Booth School of Business.