A Quote by Eric Yuan
There's a reason why Silicon Valley is the worldwide innovation center, or why this is the startup valley, because I truly believe startup companies like mine are pushing the economy forward.
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The reason why Silicon Valley is a worldwide innovation center is because it is a open culture that embraces diversity. You see people from all over the world. When you have many people from different backgrounds gathered together, that is where innovation comes from.
I basically apply with my teams the lean startup principles I used in the private sector - go into Silicon Valley mode, work at startup speed, and attack, doing things in short amounts of time with extremely limited resources.
Silicon Valley, after all, feeds off the existence of computers, the internet, the IT systems, satellites, the whole of micro electronics and so on, but a lot of that comes straight out of the state sector of the economy. Silicon Valley developed, but they expanded and turned it into commercial products and so on, but the innovation is on the basis of fundamental technological development that took places in places like this [MIT] on government funding, and that continues.
In 2016, you no longer have to be in Silicon Valley to launch a successful startup. Colorado is home to many.
EU tech companies face massive global competitors from Silicon Valley and China. Our goal should be to create real European champions and not to focus on a narrow competition between European states. I strongly believe the European Union can help a lot there by promoting a homogeneous and startup-friendly framework that could help European digital champions to become truly global.
The goal shouldn't be to be the next Silicon Valley (there'll always only be one of those) - it's to be your own startup community.
For a long time, I've ranted against naming your startup community 'Silicon Whatever.' Instead, I believe every startup community already has a name. The Boulder startup community is called Boulder. The L.A. startup community is called L.A. The Washington D.C. startup community is called Washington D.C.
I think that's exactly what Silicon Valley was all about in those days. Let's do a startup in our parents' garage and try to create a business.
The first thing that any city that's trying to create a startup community or an entrepreneurial ecosystem that's vibrant should do is get rid of the idea that they're trying to be like Silicon Valley.
Techstars is truly global; you'll see us continue to expand all our programs worldwide, including accelerators, our venture capital, as well as the UP Global programs including Startup Weekend, Startup Next, Startup Digest, etc.
Of course the Silicon Valley is unique and Berlin is not yet comparable. But of all the different cities that are building a startup infrastructure, Berlin is the one with the most similar energy.
Japan will change. Let's create a country where innovation is constantly happening, giving birth to new industries to lead the world, when I visit Silicon Valley I want to think about how we can take Silicon Valley's ways and make them work in Japan.
Silicon Valley needs partners. You can't do edited manufacturing just in the Valley. Why not have the DNA of manufacturing but combine it with the digital world?
Silicon Valley has been developing as a startup community for over 60-70 years. This notion that you can create something in two or five years is foolish.
I'm probably most proud of the fact that we are bootstrapped and that we are able to do not just the typical Silicon Valley startup thing. We are basically throwing away all the typical conventions of other startups.
I think governments will increasingly be tempted to rely on Silicon Valley to solve problems like obesity or climate change because Silicon Valley runs the information infrastructure through which we consume information.
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