Where Startups Start-up: Inquiring After the SV Factor February 24, 2006Posted by Yvonne in Continuity of Source, Distinctions, Frameworks and Focus, Word in Action.
My friend Walt is inquiring into what is going on where startups start-up. [This is a follow-on from the conversation started after I shared about TechCrunch5 (see end note and comments).]
Apparently there are people in various places in the world that look to learn from what’s happened in Silicon Valley, and then go try and do or create what they see working here (i.e. incubators, VCs who were formerly entrepreneurs, angels, tech centers, universities, things we do, and the like) with the intent to foster more start-ups in their region.
But it doesn’t work.
Even when there’s plenty of money and plenty of political support and folks do everything they know to make it go, it doesn’t happen. Not always, not consistently, maybe not ever. Thus the puzzlement.
Obviously there’s something they are missing, and that’s the question:
What is it that has Silicon Valley consistently generate startups? What is that factor — within the local culture or the infrastructure or the intellectual or business community or whatever — that has not yet been identified such that it can be put in another location in a way that would ensure that new companies would be generated at the same rate as in SV?
I say if we can ferret this one out, we’ll have to do it together. A perfect conversation for the blogosphere. So this is an open invitation for folks to comment, no matter where they are.