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As per PG: Two Types: I think you only need two kinds of people to create a technology hub: rich people and nerds. They're the limiting reagents in the reactio
by dchichkov 9y ago
As per PG:
Two Types: I think you only need two kinds of people to create a technology hub: rich people and nerds. They're the limiting reagents in the reaction that produces startups, because they're the only ones present when startups get started. Everyone else will move.
I guess that could be a good clue onto what to teach. And I'm not sure this is enough actually. For example, you probably need rule of law. My guess, you also need ethics, trust, culture of working handshake agreements. Remove it, have a kind of people to which it doesn't apply, and this would ruin the valley. I would suggest to anyone who is organizing programs of training entrepreneurs to add business ethics as a cornerstone of the program. Please, think long term.
- hkmurakami 9y agoStartups boil down to "build and sell". So a nonbuilder must have the skills, dispositions, contacts, etc. to make the sale and optionally to guide the "what to build" (but never the how). Alas, from what I have seen, business school students as a whole often see sales as beneath them and would greatly prefer to be in marketing or product management.
- rdlecler1 9y agoYou need more than rich people, you need people who are rich and who embrace the kind of risk that startups offer. There's a big difference in the kind of investors you meet in NY compared to SV.