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>It's because Chicago's culture is excessively risk averse. There seems to be a tendency to seek permission or acceptance from peers and others before taking a
by monksy 12y ago
>It's because Chicago's culture is excessively risk averse. There seems to be a tendency to seek permission or acceptance from peers and others before taking a risk (either in business, fashion, life, whatever).
Absolutely. Many of the early startups were based on needs that could serve people and corporate partners. We don't have a lot of app based businesses.
- mrchicity 12y agoAre you implying that's a bad thing? Maybe if you want to go public with some insane P/E ratio selling the dream, but B2B tech businesses serve the economy, provide useful jobs, and have staying power.
- monksy 12y agoI'm suggesting thats a great thing. Trying to startup a business with extremely small margins and for all of the public is an effort based on madness.