Earlier quoted context omitted.
Philly has some issues, but it's much better than it used to be. It's a huge city. There's a lot of growth in some great areas. You get a lot for your money here. Many compare the current state of the city to NYC in the 80's. There's lots of potential.
> You get a lot for your money here. Rents are cheap. Taxes, insurance, and any sort of labor the unions control are absurdly expensive. You have to be crazy to start a business downtown rather than just outside the city. If you're a major corporation you can negotiate special terms so it makes sense to locate downtown, but that's more of a bad sign than anything.
How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
21–30 of 32 posts
Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#22Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#23"So, with the help of the strategists and the professional firms we were able to throw a few more resources at the teams. We got a local marketing firm to donate some strategizing help. We wanted to set up an infrastructure for each team that they could potentially build around. And it worked out really, really well. I know that some of the DreamIt companies ended up getting quite a few people from these partners com…
Perhaps they mean an advisory board rather than a board of directors?
Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#24Wasn't this the incubator that lifted YC's application form nearly word-for-word?
Here's the discussion on HN: http://news.ycombinator.com/item?id=164892
They actually have updated their application to include a thank-you to YC: http://www.founderscoop.com/apply.php
Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#25Wasn't this the incubator that lifted YC's application form nearly word-for-word?
Nope, you're thinking of Founder's Coop in portland. Here's the discussion on HN: http://news.ycombinator.com/item?id=164892 They actually have updated their application to include a thank-you to YC: http://www.founderscoop.com/apply.php
Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#26scvngr.mobi vuzit.com phrazit.com beanstockd.com anthillz.com trendient.com
* I know you can't just the by their name, but the truth is a lot of people do. (and yes I know about F'ing Google.com)
Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#27Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#28Two 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
#29Re: How Philadelphia incubator DreamIt Ventures wants to improve on Y Combinator model
#30There are plenty of neighborhoods in the city that are great places to live and are safe. I live in West Philly (Univ City), I walk 12 blocks to the office of my startup everyday, and I absolutely love it.
I posted other comments about Philly on news.yc a few weeks ago: http://news.ycombinator.com/item?id=295277