The Radisson Blu Plaza Hotel’s Bling Bar, in the proud century-old structure located near the Helsinki train station, was the site for the 1st Launchpad USA event, at Slush 2015. Hosted by Mike Klyszeiko, director of AmCham Finland’s Launchpad USA program, which helps prepare Nordic/Baltic ventures for the US market, and Erika Sauer, director of AmCham Finland New York, the official Slush side event, ‘Slush Investor Ingenuity,’ featured a one-on-one with Chris Pfaff and Urmas Peiker, co-founder of Funderbeam, the Estonian venture that provides a dashboard for start-up insights and a blockchain trading platform.

Watch video of the first part of the conversation at https://youtu.be/xHz8DiYoQO0.

Urmas Peiker and Chris Pfaff at the Slush Investor Ingenuity event

More than 90 entrepreneurs and investors crowded the Bling Bar for food, drink, and conversation. And the conversation with Pfaff and Peiker included the following topics and threads:

• Funderbeam, as an Estonian venture, combines the fearlessness of the “Estopreneur” with an innovative way to disrupt existing markets
• Urmas Peiker’s background as a regulator with Estonian’s financial supervisory group helped prepare him for the creation of the 2 1/2-year-old Funderbeam
• Funderbeam was described as “what would happen if Bloomberg Angellist and NASDAQ had a baby”
• Urmas Peiker described the opportunity for investors to trade, using blockchain, in their start-up investments almost immediately, thereby creating a more vibrant investment ecosyst
• Funderbeam is looking carefully at the U.S. market, and examining the vagaries of the U.S. regulatory market to try and disrupt the venture community

Pfaff gave a major shout-out to Tarmo Virki, founder and publisher of Co-Founder magazine, which had its launch at Slush 2014. The quarterly publication’s 5th issue arrived at Slush on Tuesday, and features the Slush 100 start-ups. Virki had introduced Pfaff to Peiker.

Mike Klyszeiko, director of the Launchpad USA program, and Erika Sauer, director of AmCham Finland New York/Launchpad USA, welcome the audience at the Slush Investor Ingenuity event at the Radisson Blu Plaza, Helsinki

Pfaff, who had coined the term “Finntrepreneur” in 2011 (initially to market his firm’s ex-Nokian clients who had made the plunge into forced entrepreneurship) coined the term “Estopreneur” at Garage 48 in Tallinn in 2014. Both classes of entrepreneurs are adept at creating essential start-ups with highly innovative concepts, and doing this with few resources.

Chris Pfaff and Urmas Peiker discuss Funderbeam’s forthcoming launch at the Launchpad USA event at Slush 2015

The conversation with Peiker also touched on the co-founder’s passion for extreme athletics; Peiker has competed in the Ironman triathlon competition, in Hawaii. He compared the triathlon experience with start-up experience, stating that endurance and focus is required for both pursuits.

Funderbeam (www.funderbeam.com) will launch a beta soon.

The inaugural Launchpad USA event was attended by more than 90 people during Slush 2015

Chris Pfaff will host a one-on-one session, ‘Expanding EU Ventures into the US: Navigating Financial, Legal, and Intellectual Property Issues,’ with Urmas Peiker,

co-founder of Funderbeam (www.funderbeam.com), at the Slush Investor Ingenuity event, held on Wednesday, November 11th, from 7-9 pm, at the Radisson Blu Plaza, Mikonkatu 23, Helsinki, during Slush 2015.

Urmas Peiker, co-founder, Funderbeam

Produced by Launchpad USA, the Slush Investor Ingenuity event is an exclusive opportunity for Nordic companies to meet with US investors; a chance to sit down, one-on-one, and talk with the right connections about international investment possibilities that could help foster your company’s growth. If you are interested in having discussions with veterans of the global venture community about ways to scale your business, please make sure to register for the event today using the RSVP link at https://www.lyyti.fi/group/SLUSH_1115_5982

For more information, see the event page at http://amcham.fi/event/slush-investor-ingenuity

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Radisson Blu Plaza, Helsinki

The AmCham Finland Open House on Friday, October 2nd, celebrated the 1st anniversary of the organization in New York. But, in every way, it celebrated the growing presence of Finnish entrepreneurs and business owners in New York. And, in one sense, it was somewhat of a homecoming.

The homecoming was evident when Poju Zabludowicz, head of the Tamares Group, which owns 1500 Broadway, the new home of AmCham Finland, appeared to give his best wishes to Erika Sauer, the head of AmCham Finland New York. A Finnish-born real estate magnate, Zabludowicz symbolizes the ultimate height of business success for someone born in a country of slightly more than 5 million people. But, as with its neighbor to the south, Estonia, Finland punches well above its weight in the business world.

Pujo Zabludowicz; Erika Sauer; Timo Soini, and Kristiina Helenius at the AmCham Finland New York Open House

The event was held in a raw space down the hall from where AmCham Finland New York will take an office, in a co-working space. But the space was the ultimate New York party scene, with partitions, dry wall, and bare floors, all with stunning north Times Square views. At the tail end of UN Week, the event was significant for the presence of Kai Sauer, the ambassador of the permanent mission of Finland to the UN, as well as the new foreign minister of Finland, Mr. Timo Soini. Soini read prepared remarks that underscored the significance of the U.S. market to Finland, now more than ever.

Chris Pfaff and Kai Sauer, Finland’s UN ambassador

Kristiina Helenius, the president of AmCham Finland, thanked the more than 75 people who attended, many of whom had braved strong winds and rain to make the event, and pointed out the success of the Launchpad USA program, which is opening doors for Finnish (and Estonian) ventures. Helenius had presided over a Nordic Investor Summit in New York in May; at least half of the presenting companies have already established offices in the U.S.

Kristiina Helenius, president of AmCham Finland, and Toni Toikka, CEO of Alekstra

It was an open house (avoimien oven päivä), but somewhat of a door-opener as well. At least four Finnish ventures were present at the event, all of whom had recently set up offices in New York. This is a tipping point for the Finnish venture scene; even a year ago, few if any Finnish ventures were making commitments to expand to New York – or the U.S for that matter – but the strategic vision of venture capital funds such as Inventure and Vision+ has pushed more Finns to settle in the world’s largest market and, more importantly, its largest city.

One can expect more Finnish ventures to land in the New York market, and there is every reason to believe that AmCham Finland will be part of this trend. Onnea, Suomi!

I appear in the U.S. segment of this YLE (Finnish Broadcasting) program analyzing what they saw as a then-current global financial bubble, particularly relative to technology and new media ventures. Pekka Palmgren, producer with YLE, shot this interview with me in mid-September, 2011, in the park across from the old AT&T building at 32 6th Avenue.

I appear at the 14.39 mark.