Showing posts with label Victoria Cross. Show all posts
Showing posts with label Victoria Cross. Show all posts

Sunday, September 16, 2012

Hartej Says Hello From Chile


Hartej popped up in my Gchat asking for a small favor.


Will I upvote something he just posted on Y Combinator? After getting them to send me a new password, I did.

Scott Weiss: The Path To Starting A Startup
it’s just that the most valuable lessons for successfully running a startup come from actually working at a well-run startup. I’d go even further to assert that the startup should be based in Silicon Valley and backed by venture capital..... If you’re trying to prepare yourself for entrepreneurship — the same two to four years at a startup isn’t even comparable to the equivalent time spent in school or a large company. There are probably five to ten times more lessons and relevance at the startup.
The Evolving Path To Starting A Startup
It has become cheaper than ever to start your own company, but scaling a startup is still extremely expensive..... It’s hard to launch your startup, when you’re too focused working at a VC funded startup in Silicon Valley while $100k in debt from Business School..... It’s far easier to raise capital if you have successfully exited a startup in the past. But, thanks to startup incubators and accelerators run by some of the top experts in the industry, entrepreneurs have multiple ways to build successful businesses ....... Being an entrepreneur is often about walking the unbeaten path. I dont think it’s by any means necessary to follow a strict regimented and strategized approach the way Weiss suggests. ....... You need three things to create a successful startup according to Paul Graham: to start with good people, to make something customers actually want, and to spend as little money as possible..... As Naval Ravikant says, “Venture Capital is open to attack by disruptive new business models and technology”.
Scott Weiss needs to know Hartej Singh pinged me from Chile. I met him in New York. He flew over to take advantage of some of what the Chilean government has been offering to help create a local tech ecosystem. The wild west of tech innovation is not copyrighted by Silicon Valley, that's for sure.

How Start-Up Chile Is Attracting Startups From Singapore, London, and San Francisco
Socialance is a startup out of London that has moved to Santiago, Chile, for six months. The reason for the move is pretty straightforward: Start-Up Chile is giving the company $40,000 without taking any equity stake. And the rent is relatively cheap..... has attracted about 500 companies to its startup program since 2010. The program ends its first phase in 2014. By then, it will have provided grants to 1,000 companies for a total of $40 million. ..... the ease with which international companies are able to go to Chile for the six-month experience. The Chilean government manages all the paperwork to settle there. .... And if the company decides to stay, all they have to do is get a new visa after one year there. The cost? $100. ...... For Socialance, a freelance service, the move has given the company a chance to get free office space, some mentoring and a two-bedroom apartment for $500 a month. In London, Vigil said they paid about $4,000 for a three-bedroom house that was shared by five people....... And labor costs far less. Engineering talent can cost as little as $1,500 per month. In San Francisco, it can cost a minimum of $6,000 per month to hire an engineer.
Silicon Valley Guru Blasts Y Combinator Hype
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Thursday, February 24, 2011

Bloggers' Block For Fred Wilson: 10 Blocks Of Emergency

Image of Victoria Cross Medal as appears on CW...Image via WikipediaI learned the top VC blogger in the world has hit some kind of a bloggers' block. That is an emergency situation, people. I am declaring an emergency for 10 blocks in every direction from Union Square. All startups in the vicinity, please take note.

You are being urged to participate in the comments section here. If you don't, the emergency is not going to be lifted. And you are going to be deprived of your daily staple of blog posts from Fred Wilson. Think about that.

Thursday, November 11, 2010

TechStars' Geographical Advantage Over Y Combinator

Image representing TechStars as depicted in Cr...Image via CrunchBase
TechCrunch: TechStars Launches Ten New Startups In Seattle: six of the first twenty companies to go through the program have been acquired by larger companies, and about 70% of its companies have been funded and/or are now profitable.
Y Combinator is in the Valley. Y Combinator has done something remarkable. I think Y Combinator is the reason we have a new species in town: the super angel. But Y Combinator is in the Valley. Being in the Valley, in the Valley alone is a disadvantage. People don't buy servers anymore. They have Amazon web services. Times have changed. Some of the best programmers I know are self taught people. All the material you need to teach yourself programming is available online for free. And so the idea that you have to be in the Valley to be part of the action, well, that is passe.