Thank you very much.

Like this kind of acting futurists. [laughs]

In two years’ time they really have...

It very much described what they are — with smart contracts.

With crude language.

...but his team, his number two or three. I never met Vitalik personally, but his number two, five years ago. He just portrayed a world of, "We want to bring the world where we put the lawyers out of business, the notaries out of business."

These entrepreneurs possibly have a vision from today and five years...

It’s really interesting, because we are just starting to shape this dialogue. It hasn’t really happened. There’s about 500 pages of government policy already written.

Please let us know if you’re visiting on a official or unofficial mission again. We’d love to show you around a bit, possibly also introduce some entrepreneurs that could substantiate what we presented.

Not really.

It’s not enormous. It’s not a government department, but we have 70 people, and we want to...

Of course.

There’s a story behind it, right?

Much appreciated.

Yeah, for making time.

Great.

Yeah, but also the bilateral element is really interesting. If you take that to a bigger context, say the EU, the UN, it’s possibly going to be a 10-year process of deliberation. By the time, AI will have had...

From our perspective, can we help scaling? Yes, we have got the experience. We would love to do that. We want to have a closer relationship with such a sophisticated tech environment as Taiwan. We would not do that Future 50 or other scaling activities in an environment that’s not ...

Just one to two, and inform you a little bit about why are we here, spreading ecosystem relationships...

They needed this kind of umbrella or this point of contact that really is capable of pointing them in the right direction, because the variety is so enormous. That’s certainly helping with clarity. That’s great, cool.

We’re not so good at combining that into one message. Lots of foreign corporations coming to us saying, "We would love to participate in particularly the London ecosystem. To be fair, we’re really unsure where to go." At least where they recognize us, it’s somebody who can take them by ...

Particularly when you want to promote Taiwan abroad, then they want simple and clear. When you look at London from our perspective, it is such a variety.

You possibly don’t want somebody who has been nurtured and fostered here then to relocate to the Valley. That’s maybe not what you...

Yes, it’s directly off to Berlin or London.

I’ve seen some examples where there’s great being done, Eastern European examples, up to angel seed finance, and then they’re completely missing the elements behind. Then you get this kind of brain drain. People who are really talented all go off to...

If you break the life cycle you get stuck with...

That’s looking at the quick productivity gain or a product fix or whatever it is. Should we be much more ambitious addressing these big companies such as Google? It excites people.

That’s great to hear. I was sometimes wondering corporate innovation as we know it, everybody in the world does it or many people do.

It’s a very clear proposition. It’s one of the world’s best scaling programs. Marketing, branding and having these examples also drives excitement about it. Just ideas, but maybe it could be something.

...and happy to share, I’m pretty sure, their pride, to tell the story. For Wallis, if we have the opportunity to run something or share something, like Future 50, it could very well be in such a space as the physical representation of it, to run it in such a ...

Please do. I think they would be delighted. They are quite proud about what they’ve done...

Yeah. To your point, it was not exhibitions. It was almost unplanned -- planned/unplanned. We created an environment that attracted and enabled these collisions to happen. It was really in a very conservative society, so I was quite surprised, actually, positively surprised something like that works.

It was just the informal collisions we had that were really valuable, much more valuable than the actual program.

I’ve run an acceleration program in the very conservative Swiss environment five years ago with UVS, Credit Suisse, and 20 other of these traditional companies. In the end, we had them, for the CEOs, to come. You go into the open innovation space for open house, come every week. They ...

Which is always a bit artificial.

A very transformational guy, who’s really been responsible, the driving force behind, "Let’s not forget this park, this multi-billion-dollar investment. Let’s make something creative out of it," and he has succeeded.

Actually, if there’s a worry about the Terrace, I’m most happy to make the connect with the CEO of Here East, who runs the Olympic Park.

Not to say it’s just angel-funded entrepreneurs, software entrepreneurs. A bit of a broader mix to make sure it’s really vibrant. I was very impressed with what has been done. Here East is the hub which is miles out of town. It is Stratford, so it’s not the center of ...

That’s maybe the curation of this community, if you’re worrying about the Terrace, which I understand is a massive investment, the largest one.

It could be digital entertainment. It was certainly mobility. The environment and the different people and the institutions that are there is really conducive to it, in one, confined physical space. You don’t need to travel five miles to find the next expert. You meet them at the coffee store ...

Then realized there are a hundred companies, but they don’t really interact that much and changed the strategy towards, "There are a number of things we really want to drive out of here because environment and the community is right for it."

Which would be my point, which you can influence. Maybe you have two or three sectors that you really want to push, like IoT and biotech. Then it curates a community that would be supporting that vision. Plexar, Olympic Park started as a work space where everything is possible.

It’s a very interesting mix. We talk so much about digital and tech. Then you come in such an environment, where there’s a school for ballet or for performing arts. Thinking a little bit further, what’s the future of digital entertainment, AR/VR plus some creative content? You’ve got a very ...

Yes. The ultimate goal is to create more...There are no early-stage start-ups really. It’s more scaling businesses.

There’s also space for corporations. We see that more. Even Microsoft or Google is setting up 20 people in that environment.

The Terrace has a similar feel to it. Plexar, though doesn’t have loads of exhibition spaces to it. The concept of work/life in one place, shops downstairs, a community of innovators that’s coming together. If you’ve got innovators, start-ups, there’s the creative and academic part of it in one site.

It’s really funny. There’s Tech University’s UCL departments, there’s a school for ballet, school for creative, and there’s a large co-working space/innovation center called Plexar, very much addressing mobility as an example. Developing part might well be there in the future.

I actually thought I saw a few parallels to something that seems to be working well for us. We had the Olympic Villages, ’12 Olympics. That’s been turned into a center, and it’s operating, where creativity and e-tech meet.

Yes, yesterday. The Start-up Stadium or what was the name?

They never raised it to us.