3 ms·
I think you're missing a key ingredient which SF, Austin, Boston, etc have: established technical universities bringing and growing talent in from across the gl
by hkarthik 13y ago
I think you're missing a key ingredient which SF, Austin, Boston, etc have: established technical universities bringing and growing talent in from across the globe.
University towns can be a hotbed of startup talent if they are combined with a wealthy populace that continually injects capital into young companies starting out of school projects and/or research. While companies that start out that way don't encompass all startup growth, they continuously seed it through up and down markets to make the local startup ecosystems more resilient through economic downturns.
Without the universities, the best you can do is have market-fueled startup boom/bust cycles like the ones in Dallas, LA, NYC, and San Diego. NYC is trying to break out of this cycle with more economic investment in education and they may pull it off.
That being said, I think asking yourself why there isn't a startup culture has a lot more to do with education/talent than it does with what technology du jour is currently popular a city.
- gremlinsinc 13y agoI guess my real question is can a Bootcamp take off in a smaller city, and if our coders volunteered to teach Highschoolers and Middleschoolers code, would it ignite more startups here locally?
- hkarthik 13y agoTalent is only one small part of the startup pie. The other parts are ideas and investment. This is where both research universities and VC come in. I think doing a Bootcamp to increase the skills and level up the talent in your city is a good thing. But if the end goal is to increase startup activity it's probably not going to move the needle much.