3 ms·

This also depends on what you're building; there are plenty of sales opportunities in the middle of the country, just probably not in the social media space. W

by donw 18y ago

This also depends on what you're building; there are plenty of sales opportunities in the middle of the country, just probably not in the social media space. Which is pretty saturated right now, anyway. Opportunity exists where you create it. I applaud Pennsylvania in trying to boost their state economy through programs like this.

dantheman 18y ago
I don't applaud Pennsylvania for spending their tax dollars investing in private companies.
- modoc 18y ago
  How else would you expect them to try to bring a historically industrial/manufacturing & agriculture based economy into the 21st century? I don't live there, but I think it's great for cities and states to try to increase the diversity of their economic bases and their cultural offerings. Long term it is a potentially VERY wise investment of taxes.
  - dantheman 18y ago
    Through private investment? Lowering of taxes? I personally don't think it's great that cities take money from me by force to fund companies I may or may not think are viable. I love what these seed funds are doing, and their is no reason a private one like YC couldn't be created in PA with those restrictions on keeping people there etc. Hell, you could make it an optional tax that citizens volunteer to pay -- just like we do with campaign funding.
- dbul 18y ago
  As far as I can tell, Pennsylvania isn't spending their tax dollars. Maybe you can tell differently. http://www.innovationworks.org/About/index.html http://www.innovationworks.org/About/index.html
  - dantheman 18y ago
    It's run by: Commonwealth of Pennsylvania’s Ben Franklin Technology Development Authority. (http://www.benfranklin.org/about/index.asp http://www.benfranklin.org/about/index.asp) Which I believe is a government sponsored organization though, I'm not 100% sure -- it isn't clear to me where they get their funding, but I think its from the government.

by donw 18y ago

dantheman 18y ago

I don't applaud Pennsylvania for spending their tax dollars investing in private companies.

modoc 18y ago
How else would you expect them to try to bring a historically industrial/manufacturing & agriculture based economy into the 21st century? I don't live there, but I think it's great for cities and states to try to increase the diversity of their economic bases and their cultural offerings. Long term it is a potentially VERY wise investment of taxes.
- dantheman 18y ago
  Through private investment? Lowering of taxes? I personally don't think it's great that cities take money from me by force to fund companies I may or may not think are viable. I love what these seed funds are doing, and their is no reason a private one like YC couldn't be created in PA with those restrictions on keeping people there etc. Hell, you could make it an optional tax that citizens volunteer to pay -- just like we do with campaign funding.
dbul 18y ago
As far as I can tell, Pennsylvania isn't spending their tax dollars. Maybe you can tell differently. http://www.innovationworks.org/About/index.html http://www.innovationworks.org/About/index.html
- dantheman 18y ago
  It's run by: Commonwealth of Pennsylvania’s Ben Franklin Technology Development Authority. (http://www.benfranklin.org/about/index.asp http://www.benfranklin.org/about/index.asp) Which I believe is a government sponsored organization though, I'm not 100% sure -- it isn't clear to me where they get their funding, but I think its from the government.