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Silicon Valley and the culture of entrepreneurship

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Uploaded by on Jun 21, 2006

VC's and Entrepreneurs at AO 2004 discuss about The unique Silicon Valley's "Genome":
- Why in America and not in Europe & Japan?
- Europe - different mentality
- Europe - Germany and tax laws
- The Japan "Sony" tale - great example of Japan's different work culture

Participants: Jonathan Medved (Israel Seed Partners, Vringo), Joe Schoendorf (Accel Partners), Mary Alexander (Quova), Daniel Gatti (Big Bangwidth), Kim Odhner (Orient Networks)

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  • Culture? consider if there's no NASDAQ

  • round of applause fail

  • @saltkrakan1994 dude... that was 6 years ago.

  • lol like there isn't start ups in europe

  • Dude, this leaves us with real heavyweights, the ones who survived by showing everybody they are true professionals in the industry. It's the cry of competition. I like that!

  • 90% of new companies fail in their first year. 70% in the second.

  • I think by promoting entrepreneurship governments benefit a lot. Most of the people who want to be entrepreneurs or become entrepreneurs waste few years of their lives. Except for few who really become successful entrepreneurs.

  • I am from Turkey, I am a computer engineer and i study ICT Entrepreneurship in Stockholm as a master student.

    I believe that entrepreneurship culture is not good enough in Sweden, since most of the people try to have a life long contract with either ericsson or saab or volvo; entrepreneurship doest not look meaningful journey for Swedes :)

  • Want smart education?

    Then empower kids to learn how to be entrepreneurs early on in life. Schools should teach the subject, after all these kids are either going to work for a company (profit or non profit) or create their own path by owning businesses. Let's really teach them real life lessons. Why do we still have to follow the industrial age style of education while we are in digital, service- oriented age?

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