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It’s never about the technology or impact it’s having, it’s about the game of entrepreneurship; getting users, funding and exiting as quickly as you can.

From an investor’s perspective, it’s a clever model; you put a group of extremely talented and hard working graduates together, give them seed funding, keep them lean and they pivot until they get you a hit and you make your return. But I wonder if the model is counter productive, producing risk averse entrepreneurs who, if they follow the right procedure, are almost guaranteed success in the form of a talent acquisition or exit. Should this be what entrepreneurship is about? What happened to irreverence, thinking outside the box, wanting to make a difference in the long run?

the gold-rush mentality.

there is innovation happening around health care related startups

One of the reasons for lack of innovation in the Valley is that entrepreneurs are not exposed to enough real-world problems.

consumers in the USA clearly want to play Angry Birds, whereas in some African countries consumers are more likely to be searching for their nearest Malaria drugs clinic.

you wouldn’t even imagine

many entrepreneurs can’t get to the US because of visa issues

Startup Chile

There is one thing though, that continues to set Silicon Valley apart from every other technology hub on the planet and that’s access to finance.

But the funding landscape is changing due to the cost of innovation decreasing rapidly which means anyone with a laptop and a WiFi connection can get an idea off the ground for dirt cheap.

Geeks on a Plane

i/O ventures

more media should cover tech outside the Valley