Fred Wilson compares NYC to the Bay area in a recent post describing the darwinian evolution of startup hubs. He points out that it takes a lot of time to build a healthy/vibrant startup hub, requiring multiple generations of successful companies to develop the required talent pool, experiences and diverse financial investment from successful entrepreneurs.
I think this post is a necessary reminder of the type of (30 year) commitment we need to make as we plant some of the first seeds to build a tech hub in Vegas.
I would like to echo a comment David Cohen made on Fred’s post,
What will be the next Silicon Valley? Silicon Valley is people. People are the place, whether it’s Austin, Boston, or NYC, it’s people.
Where will the next Silicon Valley be? In the bedrooms, garages, shared work spaces, basements, sheds, and dorm rooms of people.
While we have an amazing jump start toward building a great tech hub due to Tony & Zappos’ investment, it will ultimately be up to the people in the bedrooms, garages, shared work spaces, basements, sheds, and dorm rooms to get together launch great companies, and re-invest in our own community.
Here’s to 8 year over-night successes to each of our companies and #VegasTech!