Hey All:

>From FastCompany with a interview with VC, Brad Feld. Some nice ideas for
the Australian tech community.
http://www.fastcompany.com/article/why-you-should-start-company-boulder?page=0%2C1&partner=homepage_newsletter


> *You said recently that good cities for entrepreneurial incubators have
> "good bones and a chip on its shoulder." What did you mean by that?*
>

> They're separable but both important. So the good bones concept is: You
> have to have smart people. You have to have an independent streak, or a
> culture of independence. You have to have a steady supply of new young
> people into the community. Because if you don't, what happens is everybody
> gets older, has families, changes their priorities. And you have this
> stagnation until the younger people get sick of the older people not doing
> anything. So you need to sort of have this steady stream.
>

> You have to have some relevant wealth. So, you know, whether it's angel or
> VC investors, having people that have made money from things that are
> currently being started is important. If you have a bunch of people who made
> money in real estate, it's gonna be really hard to build a tech community.
>

> The chip on the shoulder is interesting. I mean, there's only-- The whole
> Silicon Valley phenomenon is so telling because many major and many minor
> cities in the country became "Silicon Something"--Silicon Prairie, silicon
> this, silicon that, Silicon Mountain, Silicon Rabbit, Silicon Elephant.
> Which is so ironic because silicon is a proxy now for software because
> Silicon Valley was started because of the chip companies, so it's even a
> moniker that doesn't quite work. The cities that have a little bit of a
> complex, like, "We can be better," is a motive because that galvanizes
> people to action. And my comment consistently to people is not to be like
> Silicon Valley because you're not gonna succeed at that. The goal is to be
> the best you can be of yourself. Learn as much as you can from Silicon
> Valley and other cultures, but if you're Boulder, be the best Boulder you
> can be. If you're Boston, be the best Boston you can be. So going back to
> the first comment , use your bones and build something meaningful on that.
> And then you have more opportunities. Versus so many companies that say here
> are the three things we're gonna do: A, B, and C, and here's our game plan.
> And that happens for a year or two and then everybody gets bored or they
> don't work.
>


-- 
Suhit Anantula

www.worldisgreen.com
http://anikapandu.posterous.com
Yahoo/MSN/Skype ID  : suhit_a


“The only real voyage of discovery consists not in seeking new landscapes,
but in having new eyes" - Marcel Proust
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