Ricky Chan, a distinguished professor and entrepreneur, will present an innovative TEDx CSTU talk in 2025 that redefines startup success. His presentation reveals a transformative approach to entrepreneurship by fusing statistical analysis with cutting-edge AI technologies. Challenging the traditional reliance on guesswork, Chan's vision is to empower investors and founders with confident, informed decisions that dramatically increase success rates.With the sobering statistic that 99 out of 100 startups fail, Chan's study offers a beacon of hope. He demonstrates how leveraging Statistics and AI algorithms can predict the critical factors determining a startup's success or failure. His study provides personalized insights that enable entrepreneurs to identify their strengths and weaknesses early on.Drawing from a historical startup database of over 900 companies, Chan will share compelling data-driven stories and real-world examples. Attendees will discover surprising truths, including the significant impact of a startup’s age on acquisition likelihood and the nuanced role of funding amounts. He will demystify complex statistical concepts like hypothesis testing and feature importance, making them accessible and actionable for both investors and founders.This talk transcends mere numbers; it is about transforming the future of innovation and economic growth. Chan's ultimate vision is to automate and enhance the startup evaluation process, thereby enabling smarter investment strategies, reducing risk, and fueling the next generation of "unicorns". Whether you are an aspiring entrepreneur, an investor, or intrigued by the intersection of technology and business, this talk promises to challenge assumptions and inspire a new perspective on how success is measured and achieved in the startup ecosystem.Event: TEDxCSTU
Date: May 18th, 2025
Location: California Science & Technology University (CSTU)
Website: https://www.cstu.edu?utm_source=youtube&utm_medium=social&utm_campaign=tedx2025&utm_term=ricky_chanSpeaker: Ricky Chan
Learn more about the speaker: https://www.linkedin.com/in/connectrickychan/Organizer: Leni Jin, Organizer of TEDxCSTU
Behind the scenes of TEDxCSTU:
Stories & notes: https://lenijin.com/tedx
More about the organizer: https://www.linkedin.com/in/lenijin/
Organizer's channel: https://www.youtube.com/@Leni_JinPlease note: This talk was recorded at TEDxCSTU, an independently organized TEDx event hosted at California Science and Technology University under a license from TED. The views and opinions expressed are solely those of the speaker and do not necessarily represent those of TEDxCSTU, the university, or TED.#TEDx #TEDxTalk #ArtificialIntelligence #MachineLearning #DataScience #AIForEveryone #AIForStartups #StartupSuccess #StartupEcosystem #InvestmentStrategies #EntrepreneurTips #TEDxCSTU2025 Ricky Chan is a distinguished academic, entrepreneur, and licensed real estate broker bridging theory and practice across entrepreneurship, AI, and startup ecosystems. He is Professor of Entrepreneurship at California Science and Technology University (CSTU), Lecturer of Computer Science at San Jose State University (SJSU), Executive President of the CSTU Startup Center, and Program Manager of the ZinnStarter Startup Accelerator at SJSU, mentoring aspiring founders. His expertise spans entrepreneurship, data structures, algorithms, AI, predictive analytics, and the dynamics of startup success. Beyond academia, Ricky leads AI initiatives such as the Cupertino Stories Project for Mayor Liang Chao and has judged the Silicon Valley Innovation Challenge (SJSU) and the Lee Kuan Yew Global Business Plan Competition (SMU). As founder of Kudo Services and VP of the PolyU Alumni Association (Northern California), he blends research and practice to empower innovators worldwide. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at https://www.ted.com/tedx
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