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francispisani

The Problem With Silicon Valley Is Itself - TNW Entrepreneur - 0 views

thenextweb.com/...-with-silicon-valley-is-itself

Winch5 siliconvalley innovation @@

shared by francispisani on 18 Aug 11 - No Cached
  • As a Brit who gave up cheerleading the European tech scene to make the pilgrimage to Silicon Valley to live, eat and breath the world’s leading hub for technology startup innovation, I’ve been largely unimpressed and disappointed by the quality of startups here.
  • there’s only two, out of two hundred, I think are game changers. Now, don’t get me wrong, Silicon Valley is an incredibly inspiring place to be. Everyone is doing something amazing and trying to change the world, but in reality much of the technology being built here is not changing the world at all, it’s short-sighted and designed for scalability, big exits and big profits.
  • I’ve come to the conclusion that entrepreneurship in the Valley has become productized
  • ...14 more annotations...
  • 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
francispisani

The Emerging Startup Culture In Cairo Will Blow You Away - 0 views

www.businessinsider.com/startups-in-egypt-2011-7

startup entrepreneurship Egypt Winch5

shared by francispisani on 18 Aug 11 - No Cached
  • francispisani on 18 Aug 11
     
    At the end of the week, there was a business competition.The four winning companies were: Bey2ollak - An iPhone app that provides live user-generated reports of traffic conditions on the streets of Cairo. It already has more than 50,000 subscribers and a partnership with Vodafone -- one of the largest mobile phone operators in Egypt. Inkezny (translation: rescue me) - An iPhone app enabling travelers to make emergency calls in any location in the world without having to know the local emergency phone number, as well as seeing GPS directions to and phone numbers for the nearest hospitals  Crowdit - A digital collaborative storytelling platform using real-time pictures, video, and social media reports to reinvent the way stories are told and shared online SuperMama.me - The iVillage of the Middle East, creating a community of mothers designed to connect and empower the women of the Middle East/North Africa region
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