 Coming to you from San Jose, California, it's the queue. Here is your host Jeff Crick at the San Jose Convention Center behind demo 2014 in the fall but we're here at the primary data launcher Rambo launch party a lot of excitement people launching bikes launching skateboards launching all kinds of things launching hope no one gets decapitated well luckily we've got an EMT I saw him sitting over there and he looks bored so that's what we want good board EMT so I'm joining now by Eric Schoenfeld the executive producer demo thanks for stopping by yeah well thanks for being here we're having a great conference this is just day one we're bringing 40 companies launching new products across everything from wearables to Internet of Things enterprise smart data the work cloud you name it so demo has been around for a while 24 years 24 years and you guys are all over the place I was talking to Neil he just said he just went to Africa he had demo in Africa what kind of start-up action is going on in Africa we got demo Africa demo Brazil we have demo China as you can imagine you know entrepreneurship is really taking hold all across the world and nobody has a monopoly on good ideas in Africa in particular you're seeing a lot of leapfrogging technologies you're seeing a lot of mobile you know technologies and I think Silicon Valley is sort of a beacon for a lot of entrepreneurs we bring a lot of them here a lot of those African lions we call them you know we bring the Silicon Valley but people want to replicate what's so special about Silicon Valley for everywhere in the world in terms of entrepreneurship now what about the infrastructure because a big part of the Silicon Valley magic is a you've got the great schools like Sanford and Cal big game this week you know smart people come they stay it's nice climate you've got the infrastructure with the VCs and a lot of engineers that go from start-up to start-up and kind of a culture of startups are you seeing that started develop in some of these other areas everyone is every hub entrepreneurship hub is unique and it it takes advantage of its own unique strengths right so different cities different hubs have ties to different industries and then you see new startups that are forming to serve those those industries when when countries or or regions try to be too much like Silicon Valley they fail because you know Silicon Valley has grown over the past 40 50 years to be what it is today and you can't replicate that overnight but there are things that you can learn from Silicon Valley you can you can take sort of the mentorship networks you could take you know the way that you take innovation from the you know research institutions and and put them into into startups and all the things that we've learned about building teams and about you know going to market I think all that is replicable in other areas and we're seeing that here in demo we bring other entrepreneurs from across the world you know to Silicon Valley and what Silicon Valley doesn't have they don't have a monopoly on good ideas right right and what what has changed the most over the last couple years as you've done these demos you've seen all these startups there's some kind of big macro trends that you see not so much in the products for more kind of attitudes in the way these things get done well I think that you're seeing this explosion of startup activity at the seed level right the the amount of capital and effort that it takes to get a product to market has declined by an order of magnitude at least like you literally can take out three founders can take out their credit cards and for you know seventy five thousand dollars a hundred thousand dollars they can get a product out the door so you see a lot more products a lot more startups at that level but really now what we're trying to figure out is like okay well how do you how do you separate you know the signal from the noise and that's what we try to do here at demo you know which ones of those have a chance of you know going forward and becoming the next great company right who are some of your favorite who are some of your favorite you remember when they were just little demo startups that really that really excelled demo has a great history of companies everyone from sales force to ever know ways Tivo E trade and WebEx back in the day and you know we just keep keep trying to live up to that tradition primary data nobody else none of those guys had motorcycles jumping over things did they no no no they I don't not to my knowledge not your knowledge right so there was a blimp once there was a blimp yeah so the other cool thing is you got you know you get to interview a lot of luminaries right and you did a great job at the close of today interviewing Peter deal yes I thought very insightful very deep thinker really listen to your questions and really have some great things to say talk a little about him and some of the great entrepreneurs that have been successful that you know give guidance give insight give some some give back to the community really right so we have 40 founding companies that are launching the product here today so when I pick speaker I want to create the founder school people who create amazing companies and can pass on some of their experience to these founders every everyone thinks that when you're a founder that the end on be all is launching your product but that's just the first step in a long journey right and so bringing someone like Peter deal or you know we've had other founder schools with folks like Vinod Kosla Alan Kaye you know sort of you name it like the founder of Evernote who was also an alum tomorrow we're gonna have the founder of Indeka who sold this company for a billion dollars to Oracle right so you have success and you come back to demo as a community and we sort of pay that forward yeah the motorcycles are starting again it's gonna get really loud so Eric I'm gonna let you go I'm Jeff Rick we're at the on the Cube on the ground at the demo conference and the primary data launchorama and they're firing up the motorcycles thanks to stop my thank you for having me