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The article is interesting. As an entrepreneur myself, I see a lot of companies that don't a) have an original idea b) are not trying to really disrupt any curr
by at-fates-hands 11y ago
The article is interesting. As an entrepreneur myself, I see a lot of companies that don't a) have an original idea b) are not trying to really disrupt any current technology or industry and c) Are spending a lot of money on what I deem "worthless" expenditures.
What IS interesting are these:
mingled at an industry networking event at the W Hotel in San Francisco in August 2014. The event — the Start-Up and Tech Mixer — is held every few months and typically draws hundreds of attendees.
- Who's the company putting these on? Pretty sure they're not free and are addressing the new for SV types to gather under some notion of "networking".
Participants in Cal Hacks 2.0, a 36-hour hackathon in October 2015, building projects inside the football stadium at the University of California, Berkeley.
According to the event organizers, 2,071 participants attended from 143 schools and 10 countries.
- One of my business friends always said to "go big". You want to have a hackathon for a few dozen teams? What about 1,000 teams? This is what these organizers did. Charge a small fee to the organizers, get companies to chip in free stuff and you're off and running.
Around 45 people, many of them technology entrepreneurs, live in 20 Mission. The space is a former single-room-occupancy hotel that had been vacant for several years before being turned into the co-living community.
- Man, talk about real estate opportunities! Take a beat up forgotten building and turn it into a co-living community. Buy the building outright and let the residents pay your mortgage and then make a little on top of that. If you want to, drop some money into it and refurb it. Then in 5-10 years, flip it for big bucks.
What's interesting is the companies they didn't highlight are probably making good money on the goldrush as opposed to the majority of the companies and individuals presented.
- sgt101 11y agoor in 5-10 years discover that it's worth jack? Maybe...
- at-fates-hands 11y agoYeah, real estate isn't what it used to be for sure. Especially commercial real estate.
- sgt101 11y agoIt's a one way bet! History proves that you can't lose any money at all investing in real estate. Ever.