Talk:Samsung Strategy and Innovation Center

Untitled

Hi,

I work with Samsung and can’t make these edits due to my COI. Can someone help?

• Add logo to Infobox
  • I can upload to Wikimedia
• Add key people to Infobox
  • Young Sohn
• Add a subsection, under History, called Samsung Catalyst Fund
  • Move “As part of that effort, Samsung also launched the Samsung Catalyst Fund, a multi-stage venture capital fund that operates with SSIC to expand Samsung's mobile, device solutions and consumer electronics groups.” to that new section and rewrite the opening to read “In February 2013, Samsung launched…”
  • Add “The fund invests globally in data economy and strategic ideas for Samsung’s mobile, device solutions and consumer electronics groups, with investments in companies specializing in automotive, robotics, digital health, internet of things, artificial intelligence, cloud infrastructure, and device-level solutions.”
    • Sources are https://techcrunch.com/2013/02/04/samsung-strategy-and-innovation-center/ and https://venturebeat.com/2013/02/04/samsung-to-devote-1-1b-to-investments-in-the-americas/
• Add “Alongside capital, the $100M Fund provides manufacturing and distribution, domain expertise, recruiting, and advice and mentorship.

The firm’s headquarters are located in Menlo Park, California, with additional offices in Berlin, New York, Seoul, Tel Aviv, and Paris.”

• • Sources are https://www.cnet.com/news/samsungs-next-big-thing-gaining-street-cred-in-silicon-valley/ and https://www.cnet.com/news/samsung-launches-new-100m-fund-for-cloud-mobile/
• Add “The Fund, which is wholly owned by Samsung Electronics, operates a multi-stage investment strategy and makes independent decisions, according to its charter. Startups in the Fund’s portfolio are selected in alignment with Samsung’s mission, values, and business objectives.
  • Sources are https://finder.startupnationcentral.org/investor_page/samsung-catalyst-fund and https://venturebeat.com/2013/02/04/samsung-to-devote-1-1b-to-investments-in-the-americas/
• Add “The fund is lead by Samsung Electronics president and chief strategy officer Young Sohn.
  • Source is https://www.cnet.com/news/samsung-launches-new-100m-fund-for-cloud-mobile/
• Add “Samsung Catalyst Fund led the $55 million raise by U.S. quantum computing startup IonQ in October 2019.”
  • Sources are https://www.reuters.com/article/us-samsungelec-quantum/samsung-uae-funds-lead-55-million-investment-in-quantum-computing-startup-idUSKBN1X118G and https://fortune.com/2019/10/22/samsung-google-amazon-quantum-computer/
• Add "In June 2020, Samsung Catalyst Fund participated in the series C round of Berlin-based Solarisbank.”
  • Source is https://techcrunch.com/2020/06/29/banking-platform-solarisbank-raises-67-5-million-at-360-million-valuation/
• Add “Samsung Catalyst Fund had invested $300 million throughout 2018, of which a quarter were Israeli startups.”
  • Source is https://www.calcalistech.com/ctech/articles/0,7340,L-3762030,00.html
• Add “As of December 2020, The Fund had made 37 total investments including Graphcore, Mapillary and Genome Medical. The Fund has seen seven exits, including ring, which was purchased by Amazon. Additional exits included Ineda Systems and Habana, both separately purchased by Intel, Datrium’s acquisition by VMWare, and Babblelabs purchase by Cisco.”
  • Sources are https://www.eweek.com/enterprise-apps/ai-chip-startup-graphcore-gets-30-million-from-samsung-others/, https://venturebeat.com/2018/04/12/mapillary-raises-15-million-to-boost-its-digital-mapping-for-self-driving-vehicles/, https://www.cnet.com/health/samsung-invests-in-genomic-telehealth-company-as-the-coronavirus-rages-on/, https://www.eetasia.com/vc-qa-with-samsung-catalyst-svp-shankar-chandran/ and https://cn.reuters.com/article/ineda-chips/wearable-chip-start-up-ineda-gets-funding-from-qualcomm-and-samsung-idUSL2N0N00SE20140408

Thanks, LeannaTruong (talk) 19:39, 17 March 2021 (UTC)

Hi again LeannaTruong

I made the Person update

Send me the Commons link when you upload the logo and I'll add.

As for Samsung Catalyst Fund...that's a LOT--and I'm not sure it really fits under Samsung Strategy and Innovation Center per se; at least from reading their site, it looks more like its a part of Samsung (but also kinda independent--tell me if I'm reading that wrong). I think it might be better for it to be its own page, especially given all you've written. The whole VC space on Wikipedia is garbage and I've been itching to get around to it, so I can try a draft based on what you wrote.

Any other editors feel differently? I'm worried it would be WP:Coatracking on this page.

--FeldBum (talk) 22:27, 19 March 2021 (UTC)

Thank you,FeldBum!

If you think it's better to have it's own page. I agree. There's other information I wanted to add as well, can we add the below if we're making a separate page?

• For "History" can we include:
  • Fund is headed by Shankar Chandran and Francis Ho, recently recognized by Global Corporate Venturing, as #5 in the powerlist rankings.
    • Source: https://globalcorporateventuring.com/gcv-powerlist-2020-5-francis-ho-and-shankar-chandran/
• When sharing "Investments":
  • Samsung Catalyst Fund had invested more than $300 million in 54 companies, a quarter were Israeli startups.
    • Sources:
      • https://www.calcalistech.com/ctech/articles/0,7340,L-3762030,00.html
      • https://www.eetimes.com/samsung-stays-focused-amid-vencap-insanity/
      • https://www.forbes.com/sites/jeanbaptiste/2017/10/11/samsung-opens-the-kimono-on-its-investment-strategy-at-third-annual-ceo-summit-in-san-francisco/?sh=455610ec352b
      • https://www.forbes.com/sites/afdhelaziz/2020/12/01/samsung-invites-start-ups-changing-the-world-for-good-to-enter-the-2021-extreme-tech-challenge/?sh=3f1896423bee

Hi LeannaTruong (assuming that's you),

Let me take a shot on my sandbox

Quick note: That globalcorporateventuring site won't work as a source for a Global Corporate Venturing accolade, since its a secondary source, not a third-party source. But I can take a look at cites.

Feel free to bug me to see where I'm at.

--FeldBum (talk) 19:05, 24 March 2021 (UTC)

Thank you,FeldBum!

I'd like to also share the SSIC wiki page does not have an existing logo so would be it possible to use the generic Samsung logo that already exists?

I'll keep you posted if I find any additional sources to replace globalcorporateventuring

--LeannaTruong 10:00, 26 March 2021 (UTC)

Hi again,FeldBum!

I found a new source to replace globalcorporateventuring, will this work? https://telanganatoday.com/5-indians-among-top-25-venture-capitalists-in-gcv-powerlist

Were you able to add the general Samsung logo easily as well?

--LeannaTruong 9:32, 9 April 2021 (UTC)

Hi LeannaTruong,

That source works, but I'll use it for the separate draft.

I added the Samsung logo. I think that works in the absence of a dedicated logo.

--FeldBum (talk) 22:51, 9 April 2021 (UTC)

Hi again,FeldBum! just checking in to see if you started that draft yet or if you needed any help from me for it.

While you work on that, can you do a few more edits to Young Sohn’s page?

I’ll leave you a message too. --LeannaTruong 9:56, 19 April 2021 (UTC)

See my message on your talk page. GSS ^💬 16:11, 19 April 2021 (UTC)

@LeannaTruong: put a page live for Samsung Catalyst Fund based on the above edit request. I'll link it here. Let me know on the Talk page there if I missed anything. --FeldBum (talk) 17:31, 11 June 2021 (UTC)