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Leveraging Entrepreneurs Talent, Cities and Risk Capital
Finally getting back to this post following a very busy week as we announced the first part of our plans
for 2011 and spent a couple of days with the good folks at EIF in Luxembourg.
Over the week it stuck me that the question was in fact much bigger than comparing Kansas City to San
Francisco or Startup America to Silicon Roundabout. The real question is how should cities (and companies)
position themselves to leverage entrepreneurs/talent, customers and risk capital. What should they pick as
their core unique capabilities and what locations should they connect with internationally?
Going Silicon Valley
At the risk of stating the obvious Silicon Valley is a complete outliner (where else could you hear Mike Maples on a Tuesday night talk
for free to a group no bigger than 40 people about how to invest). So, I’m not sure it is helpful for all
but a small number of locations to continually compare themselves to SV. It is a special place with a
special history (full stop). The more interesting question is to think about how to link effectively to it
(see part I of this blog).
In start-up land is it right to compare NYC to KC or Boston to Boulder? They are very different in terms of
scale. Maybe it is better to compare NYC to London. They probably have more in common. Both are mega
cities. Both have large financial services and media industries. Both have relative scale of start-up and
VC. Both act as hubs to bigger areas. They probably have probably much more than KC and NYC (aside from
Federal laws and transportation links).
Click Here To Get Yours
I was mulling this over when Mike
Grandinetti pinged me with the following video from Always On – entitled Going Global. It’s 60 mins in
total but very insightful on this complex subject. The panel is made up of US and international VCs, CEO
and entrepreneurs who have had significant experience bringing US companies to foreign markets as well as
into the US.
They capture many of the considerations companies and city leaders should be thinking about as they look to
find their unique place in this global marketplace.
- Moderator: Mike Grandinetti, Managing Director of Southboro Capital Group LLC and serial
- Allan Kline, Former CFO of Skyworks and former CFO of BTI Systems
- Vinit Nijhawan, Board Member, TiE Global, Managing Director
- Mark Palmer, CEO of Streambase
- Mike Riegel, VP, Marketing, Communications and Operations, Global ISV and Developer Relations,
IBM SmartCamp Winners, Schedule and Tips
Learn about the 2011 IBM Startup SmarCamp City winner of Bangalor India, and the winner of Austin Texas, and the winner of Barcelona Spain, and the winner of New York City. The IBM Startup SmartCamp schedule can be found here, and Tips to help you get into Startup SmartCamp can be found here. Learn more about how the IBM Global Entrepreneur program works and helps Startups succeed.