Innov8rs Zurich

Companies which are serious about their future have started to build new ventures. These new ventures are close enough to the core business to leverage corporate assets, yet far enough to not be absorbed by the machine designed to execute upon existing business models.

As part of Migros, Sparrow Ventures started in 2018 building ventures and invest in startups to allow for the conciliation of the two opposing activities: exploitation of the current and exploration of the new. This talk explains how this balance might be achieved and which pitfalls might occur along the way.

Timo is the Chief Venture Officer (CVO) at the Zurich-based venture builder and venture capitalist of Migros: Sparrow Ventures. At Sparrow, Timo is in charge of the team that drives the development of new business models forward to build and expand a portfolio of innovative and sustainable successful ventures such as WePractice, Yuno or Snäx. After a successful corporate career, Timo entered the world of entrepreneurship by co-founding wydr, the “Tinder for art” in 2015 and organizing events such as Startup Weekend or Lean Startup Meetup, helping entrepreneurs to validate their early-stage ideas.