How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
1–10 of 32 posts
Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#2The problem with Philadelphia is the City of Philadelphia. The surrounding suburbs have tons of capital and businesses and highly educated people and very nice neighborhoods. The city itself is a hopeless basket-case. It just seems to me that you can't make the leap into being a first tier metro region without desirable urban neighborhoods. I've read that younger people leave Pennsylvania not for lack of jobs or for notably better wages, but because it's boring.
Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#3Good overview of the motivations behind the DreamIt program as it ran this past summer, but it does cover any of the apparent upcoming changes to the DreamIt model which were mentioned (http://www.psustartups.com/content/2008/09/25/ignitephilly-a...) in Steve Welch's (another of the DreamIt founders) ignitePhilly talk, including the so called "Hacker Track".
Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#4The problem with Philadelphia is the City of Philadelphia. The surrounding suburbs have tons of capital and businesses and highly educated people and very nice neighborhoods. The city itself is a hopeless basket-case. It just seems to me that you can't make the leap into being a first tier metro region without desirable urban neighborhoods. I've read that younger people leave Pennsylvania not for lack of jobs or for…
As someone who lives just outside Philadelphia I would disagree. At least the people I know who have left the city do so because they only came here for school and take jobs back home.
Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#5Two comments:
1. Philadelphia is a mediocre city for startups, not only because it's sort of boring, but because there's NO INVESTOR MONEY THERE. That's the number one determinant of where startups are and thrive. Hi SF, Boston, NYC.
2. What's up with dreamit's website? http://www.dreamitventures.com/
Live Your Dream! - Do they want me to sell knives or something?
As a founder I'm all for anything that gives entrepreneurs capital to build their own companies and increases the level of competition, but something just seems...off.
EDIT: No idea why I typed Midwest. Reading about my beloved Detroit Lions and writing on HN is not smart. Rich zip codes don't matter much. Investors do. I thought it was obvious I was talking about investor capital, but I updated that as well.
Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#6Two comments: 1. Philadelphia is a mediocre city for startups, not only because it's sort of boring, but because there's NO INVESTOR MONEY THERE. That's the number one determinant of where startups are and thrive. Hi SF, Boston, NYC. 2. What's up with dreamit's website? http://www.dreamitventures.com/ Live Your Dream! - Do they want me to sell knives or something? As a founder I'm all for anything that gives entrepre…
Midwest WTF?
There is a serious amount of capital around Philadelphia. It has a couple of the richest zip codes in the country. You just don't know what you're talking about.
Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#7Two comments: 1. Philadelphia is a mediocre city for startups, not only because it's sort of boring, but because there's NO INVESTOR MONEY THERE. That's the number one determinant of where startups are and thrive. Hi SF, Boston, NYC. 2. What's up with dreamit's website? http://www.dreamitventures.com/ Live Your Dream! - Do they want me to sell knives or something? As a founder I'm all for anything that gives entrepre…
> it's in the midwest
Midwest?
Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#8Two comments: 1. Philadelphia is a mediocre city for startups, not only because it's sort of boring, but because there's NO INVESTOR MONEY THERE. That's the number one determinant of where startups are and thrive. Hi SF, Boston, NYC. 2. What's up with dreamit's website? http://www.dreamitventures.com/ Live Your Dream! - Do they want me to sell knives or something? As a founder I'm all for anything that gives entrepre…
Midwest WTF? There is a serious amount of capital around Philadelphia. It has a couple of the richest zip codes in the country. You just don't know what you're talking about.
haha that was my bad, corrected.
Just because the zip code is rich doesn't mean the area is full of startup investors. Maybe I should up & move to Beverly Hills, Palm Beach or New Canaan. Come on.
I didn't say it was awful, it's just not very good.
Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#9Two comments: 1. Philadelphia is a mediocre city for startups, not only because it's sort of boring, but because there's NO INVESTOR MONEY THERE. That's the number one determinant of where startups are and thrive. Hi SF, Boston, NYC. 2. What's up with dreamit's website? http://www.dreamitventures.com/ Live Your Dream! - Do they want me to sell knives or something? As a founder I'm all for anything that gives entrepre…
> it's in the midwest Midwest?
Corrected - fetching coffee now.
Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#10Earlier quoted context omitted.
Midwest WTF? There is a serious amount of capital around Philadelphia. It has a couple of the richest zip codes in the country. You just don't know what you're talking about.
haha that was my bad, corrected. Just because the zip code is rich doesn't mean the area is full of startup investors. Maybe I should up & move to Beverly Hills, Palm Beach or New Canaan. Come on. I didn't say it was awful, it's just not very good.
> doesn't mean the area is full of startup investors
I'm sorry, I forgot startup just means webtard 2.0 stuff around here. New profitable companies that work with elevators or pharmaceutical plant operations don't count.