61–70 of 263 posts
Earlier quoted context omitted.
No no, I mean a coworking space just to get out and socialize with other knowledge workers. Doesn’t need to be geographically close to other coworkers.
I get the idea, but at least I bond with coworkers by working together. Just sitting in the same area with some other remote workers that I had nothing in common with would probably just be weird.
I see a bright future for products and services focused on remote team management
I agree, but quite a few people get lonely working remotely and not having a proper office to go into, and software won't solve that (at least not until VR presence or something of the sort is really good). I've managed great engineers who have complained about this and I haven't seen a good solution.
I think it’s important for anyone getting to this page to read his whole thread, which is more nuanced than suggested by the sensational title. The point he seems to be making is that it’s better for startups that aren’t looking at being unicorns to look at other locations where they might have a better chance of success.
What's the point of being a startup not looking at being a unicorn? I genuinely do not understand how somebody can cap off their ambitions like so.
I suspect the VC industry itself will be disrupted at some point (the irony of the VC industry is that the biz model has remained basically the same for 50 years when everything else has changed). It will become incrementally easier to raise money from non-traditional sources at better terms as "accredited investor" laws are relaxed e.g. through a Security Token Offering.
The biz model has, if anything, become more risk-averse and more Finacialized (see https://en.wikipedia.org/wiki/Financialization) over the last 20 years.
The industry is no longer self-funded by exits and large LPs, but funded by large institutional investors, sovereign funds and the like who demand a reliable IRR. This in turn, leads to ever larger rounds, fewer IPOs and less equity to employees.
I suspect the VC industry itself will be disrupted at some point (the irony of the VC industry is that the biz model has remained basically the same for 50 years when everything else has changed). It will become incrementally easier to raise money from non-traditional sources at better terms as "accredited investor" laws are relaxed e.g. through a Security Token Offering.
Earlier quoted context omitted.
That is only one aspect and I think a minor one. What made silicon valley is access to capital, proximity to stanford and a feedback loop of successful entrepreneurs using their experience to create the next generation of successful entrepreneurs
I wonder why Boston hasn't risen further, with Harvard and MIT both at their doorstep along with a lot of other really great universities and good companies.
Silicon Valley is what it is largely in thanks to the continuous cross-pollination of talent which is possible due to the lack of non-compete issues.
Earlier quoted context omitted.
That is only one aspect and I think a minor one. What made silicon valley is access to capital, proximity to stanford and a feedback loop of successful entrepreneurs using their experience to create the next generation of successful entrepreneurs
I wonder why Boston hasn't risen further, with Harvard and MIT both at their doorstep along with a lot of other really great universities and good companies.
I see that myself. And I mean this as absolutely no offense to anyone in the area. I've met incredibly intelligent people there, among the best. Though, I believe the very best are distributed throughout the world, and command the ability not to move. All that said, first, well, the silicon part is all but gone. I find the signal to noise ratio pretty low. For every 10x developer, there are 50 people who did a bootca…
That is only one aspect and I think a minor one. What made silicon valley is access to capital, proximity to stanford and a feedback loop of successful entrepreneurs using their experience to create the next generation of successful entrepreneurs
Earlier quoted context omitted.
I wonder why Boston hasn't risen further, with Harvard and MIT both at their doorstep along with a lot of other really great universities and good companies.
MA allows non-compete restrictions on employees which severely stifles the startup economy. Silicon Valley is what it is largely in thanks to the continuous cross-pollination of talent which is possible due to the lack of non-compete issues.