The new startup Math.

There are more startup founders in their 50s than in their 30s…and startups founded for people in their 20s have a much larger risk of closure; plus no significant IP position (patents, trademarks) avoided startups to close down…
Very interesting conclusions from a report from the Kauffman Foundation. Check a graph here

Angel Investor Network & Workshops in Oamaru, Timaru and Dunedin

The initial event held in Oamaru on April 8, 2013 attracted significant interest from general public and media.

We had about 25 people including our distinguished visitors -see below

In Oamaru for an Angel Association New Zealand networking event are (from left) AANZ executive director Suse Reynolds, Otago Angels Ltd network manager Murray Downes, AANZ member Nicolas Erdody, of Oamaru, Seed Co-Investment Fund investment director Chris Twiss and (seated) AANZ chairman Dr Ray Thomson. Photo by Sally Rae.

In Oamaru for an Angel Association New Zealand networking event are (from left) AANZ executive director Suse Reynolds, Otago Angels Ltd network manager Murray Downes, AANZ member Nicolas Erdody, of Oamaru, Seed Co-Investment Fund investment director Chris Twiss and (seated) AANZ chairman Dr Ray Thomson. Photo by Sally Rae, Otago Daily Times.
Media covered the event with articles in the Otago Daily Times on April 2  (“Hopes for North Otago having Angel Investment“) and April 13 (“Angels aim to help start-ups“). We also had good coverage from the Oamaru Mail

Erdödy Consultancy Ltd (ECL) is a long term member of AANZ  and as such actively promote and participate in Association’s activities since its inception.

Nicolas Erdödy as Venture Capital Manager of an Oamaru based firm was full member of NZVCA between 2005 – 2008. During that period he received and vetted 3,000+ proposals from New Zealand and abroad, investing in early stage ventures and creating world class unique technologies 

ECL is currently exploring the feasibility of an angel group in the Waitaki District (including North & Central Otago) and already organised networking functions in Oamaru -as mentioned on April 8 (with AANZ and NZVIF participation), and on June 18, 2013 with a good number of attendees

As consequence of these meetings and subsequent media exposure, ECL was approached by several individuals (being entrepreneurs, ideas people and prospective investors) with a common request: learn more about this “interesting and novel investing model”

We spent several hours with each party discussing the most diverse and innovative ideas and initiatives. So we decided to organise a series of workshops  as a way to funnel the interest and create a space where these initiatives can go a step further

These workshops are essentially an “intervention” from an investor point of view.

They combine

  • Consultancy – specific advice
  • Due diligence – on every participant’s project
  • Peer review – foster collaboration and team work while discovering synergies and similar interests
  • Education – participants will learn specific tools that used for due diligence and to create high-tech, high-growth ventures

In sum, in four hours participants will go with their projects through a professional due diligence.

Check the outline of the different workshops and find which is the right one for you.

Either if you are planning to start or grow a venture or project, or looking for funding or ready for internationalisation, there is a workshop for you.

Check this article at the Otago Daily Times “Start-up seminar sparks interest” about the workshops and their context

 Check the schedule for Oamaru and Dunedin and REGISTER NOW

Angel Association Function in Oamaru, North Otago – April 8, 2013


The Angel Association (AANZ) and Erdödy Consultancy Limited (ECL) invite you to an AANZ networking reunion in Oamaru on Monday 8th of April, in preparation towards AANZ Annual Summit.

This is a free event, funded by AANZ and organised by me as AANZ member. My goal is to share and discuss ideas around this model and how it is good for NZ’s economy.

Details: AANZ Oamaru networking event

Monday 8th April, 2013 – 5:00 pm – 7:45 pm
North Otago Club – Cnr Itchen and Tee Streets, opposite i-Site
Networking event, drinks and canapes.


Event is by invitation only, but feel free to circulate it within your network. There won’t be an investment offer at all, but to fully comply with the Securities Act I would appreciate that every attendee RSVP by April 4, thank you.

Nicolás Erdödy



The Angel Association is an organisation that aims to increase the quantity, quality and success of angel investments in New Zealand and in doing so create a greater pool of capital for innovative start-up companies. Research shows that -on average, one-year-old firms create nearly three times more jobs than ten-year-old firms

Through ECL I’ve been involved with AANZ from its inception. Members are active angel investors, high growth entrepreneurs, or service providers to new ventures; we all have the commitment and conviction that creation of new businesses is essential for New Zealand’s prosperity. 2013 AANZ’s annual conference will be in Dunedin in November and this function is a step towards it
I’m pleased to confirm the presence in Oamaru of

Dr. Ray Thompson, Chairman of AANZ – Ray has been involved in a number of venture capital and angel investments over the past 20 years, has over 30 years’ experience as a director of listed companies and is a Fellow of the Institute of Directors. Read here about Ray and angel investment in NZ Herald

Chris Twiss, Investment Director for the Seed Co-investment Fund of the New Zealand Venture Investment Fund (NZVIF). NZVIF was established by the New Zealand government in 2002, to help build a vibrant venture capital market in New Zealand. Chris is from Duntroon

Suse Reynolds, Executive Director of AANZ and founder of Angel HQ, the Wellington region’s angel network.

Murray Downes, Network Manager for Otago Angels Limited


Join us on Monday 8: this initiative is very important for the district and with regional economic development possibilities.

Look forward to see you soon!


Global Corporate Entrepreneurship from Erdödy Consultancy

This new service pools together our experience in working with clients seeking to create a new venture, open new markets and foster innovation. Additionally we ensure that through coaching and training, leaders and staff who are normally excellent at managing incremental growth in known environments but who may struggle to adjust to an entrepreneurial high growth mentality, are equipped with the knowledge and skills needed to flourish in this new environment.

Could something like this happened in your company? (credit)

Then you probably would need a unique mix of expertise in

– leadership, implementation and strategic execution
– start ups and new venture creation
– networking, relationship building and development
– close relationships with industry and academia
– innovation, change management, R&D
– distributed management and global process optimisation
– education, e-learning, training and human development
– open source development and open innovation
– science, technology and engineering
– venture capital, angel investment and due diligence
– international growth and market development
– technology and software development and management
– marketing, branding and knowledge management

But above all, you need to be able to discuss a quick and versatile approach at peer level, with total involvement.

Learn more about Erdödy’s Corporate Entrepreneurship consultancy service here and check our Methodology at

Contact us via




About Corporate Entrepreneurship

Most established organisations find it hard to maintain the initial entrepreneurial spirit that helped them to make it through the start-up stage. As businesses grow, they usually become more structured and more rigid. Schaper and Volery (2004) mention that “managers from many organisations … have reported that although they are satisfied with their operating prowess, they are dissatisfied with their ability to implement change. ‘How do the excellent innovators do it?’ they ask, presuming that excellent innovators exist. ‘What drives the development of new promising opportunities?’. Others question how to expand an organisation beyond its core business. And most fundamental of all: ‘How do we find new ideas?’ The difficulties behind these questions arise from the inherent conflict between the need for organisations to control existing operations and the need to create the kind of environment that will permit new ideas to flourish, and old ones to die a timely death. Businesses have traditionally faced many difficulties in identifying opportunities and turn them into new product lines.”

Erdödy Consultancy specialises in Corporate Entrepreneurship, working with businesses and corporations to create new ventures and open new markets. Visit for more information or contact

Alternatively you can use the form below


Your Chance to Meet the Serial Killers and Explore the Parallel Universe

Because they’re coming to Wellington later this month, so you can meet them and explore it with them.

And maybe you should, especially if you’re someone involved in IT, like a CIO, a CTO or a software engineer.

Something’s happened in the chip world. A change so fundamental it’s created opportunities to do everything faster, better and cheaper – across the board.

Serial computing is dead. It’s just that most people don’t know it yet. But it is. Intel knows that. So does Google. And ARM, the UK company whose processors drive 90% of the world’s smartphones. Weta Digital’s in the new loop, along with the scientists pitching to have the massive Square Kilometre Array (SKA) located in Australasia.

For all of them, serial computing is and old technology, killed by parallel processing. Parallel processing (PP) relies on newgen chips, not with a single core but with many, even thousands of them. For most people, though, the technology’s less important than the possibilities. Which are immense, according to PP’s champions. Many of whom are coming to Wellington this month for Multicore World 2012, New Zealand’s first heads-up on this IT revolution.

Speakers at Multicore World (March 27-28) include Intel Software Director, James Reinders and Dr Tim Mattson from Intel Labs; John Goodacre, Director, ARM Processor DivisionWeta Digital’s CTO, Sebastian Sylwan; Dr Mark Moir from Oracle LabsMicrosoft’s Artur Laksberg as well as the CSIRO’s Dr Tim Cornwell and speakers from the Universities of Melbourne and Otago.

RIP single core CPU?

Yes, and we should be grateful for that. And, whether you’re a convert or a sceptic, this is a great opportunity to meet the serial killers and explore the parallel universe.

Multicore World 2012 has been put together by New Zealand company, Open Parallel and there’s info and registration details on the website

Open Parallel: leaders in Parallel Perl and Parallel PHP (HipHop) using TBB. From James Reinders, Director of Software Products, Intel

Open Parallel Ltd, a company specialised in software for multicore and parallel computing, has released its new white paper “Threading Perl with Threading Building Blocks (TBB)

This paper is complemented with the post at Open Parallel’s website

James Reinders, Intel’s Chief Software Evangelist and Director of Software Products published two posts on Intel’s blog, praising Open Parallel’s team and its work.

They are “Parallel PHP (HipHop) using TBB, kiwi style” and “Parallel Perl using TBB, kiwi style

VicePresident of Google and “Father of the Internet” presenting at the II Open Source Software, Multicore and Parallel Computing Miniconference

Dr. Vinton G. Cerf, VicePresident of Google and its Chief Internet Evangelist, will be another keynote at the II Open Source Software, Multicore and Parallel Computing miniconference, part of LCA2011, organised by Nicolás Erdödy.

In the early 1970s, Vint Cerf and Robert Kahn developed the protocol TCP/IP also known as the Internet Protocol Suite which is a set of communication protocols used by the Internet as we know it today.

The miniconference will be held in Brisbane, Australia on Tuesday 25 of January 2011

The II Open Source Software, Multicore and Parallel Computing Miniconference

Open Parallel, an Erdödy Ventures company, is supporting the organisation of the II Open Source Software, Multicore and Parallel Computing miniconference, part of LCA2011 (Linux Conference Australia)

The miniconf will be held in Brisbane, Australia on Tuesday 25 of January 2011, and the Call for Papers ENDS Monday 8 of November 2010.

The first miniconf was in January 2010 in Wellington, New Zealand with James Reinders (Director of Software from Intel) as keynote.

The II miniconf will feature Paul McKenney as keynote. Paul is Linux CTO from IBM. Here is the abstract of his presentation: “Is Parallel Programming Hard, and if so, why?”

The Open Source, Multicore and Parallel Computing Miniconf offers a space to learn and discuss about Open Source contributions (existent or in process) to the problem of developing Parallel Software.