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This is a great interview that really underlines a lot of the issues we face in Austin too — not Boston. Coupled with an regional investment community that does
by pxlpshr 18y ago
This is a great interview that really underlines a lot of the issues we face in Austin too — not Boston. Coupled with an regional investment community that doesn't quite get it, makes the web movement here that much more difficult to ignite. And, I think a lot of people don't realize how important community is in this regard:
Another difference is that because the Valley cares so much about startups, people here are always half a step ahead. All the lawyers know what the latest standard terms are for various types of deals. The investors are less frightened by new ideas, because the ideas are less new to them. The founders feel less lonely, because there are three other groups of guys in the same building starting startups.
Last week a group of us re-launched Startup District to help foster a community online and bring the guys out of the woodwork in Austin.
http://startupdistrict.com http://startupdistrict.com
Also, Capital Factory was recently announced. A ycom-like accelerator in Austin ran by Josh Baer, who's also at the founder of OtherInbox - a really smart web startup that I've been a fanboy of the past 6 months.
http://capitalfactory.com http://capitalfactory.com
If you're going to be at SXSW, would love to meet up and catch a drink. Follow us: @startupdistrict, @capitalfactory, @pxlpshr, @johnerik