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I definitely see the similarities and would agree with it. Nearly every successful entrepreneur will talk at length about the incredible importance of company c
by martythemaniak 15y ago
I definitely see the similarities and would agree with it. Nearly every successful entrepreneur will talk at length about the incredible importance of company culture on success (as that culture in turn permeates through the product, customer service, hiring process etc). I don't see why the same principles would become invalid at the slightly higher level of startup ecosystem.
- jamesaguilar 15y agoIt's plausible, but a corporate ecosystem is a lot different than a corporation. For example, the utility functions are different, the role and authority of leadership, the risk involved for each participant. Actually, it's quite a different beast. Plus, I can think of plenty of ways external influences COULD kill the startup ecosystem. Congress could pass laws that make it much harder to start companies. Developers could figure out that the startup value proposition is not that great if you're not a founder. The market for internet ads could dry up (a significant risk to many startup business models). Big companies could develop techniques to quickly iterate on products rather than ceding ground to more agile startups. Laws could change that make it more expensive to acquire startups. Other industries could be created that make startups less enticing to young people. Taxes and security laws could change in a way that makes it much harder to distribute equity to employees. Any of these things could kill the startup ecosystem depending on the magnitude of the change, and probably a lot of other stuff I'm not even thinking about. The idea that the ecosystem could kill itself also seems pretty preposterous to me. There are parts of the country where there isn't much of an ecosystem, but startups still exist. Startups aren't created because of an ecosystem, but because it is financially and economically advantageous to do so for some people. Yeah, overall this view that the ecosystem is invulnerable from outside pressures and highly vulnerable to interior ones strikes me as fairly naive.