PHOENIX, Arizona
By Larry Chiang
Venture capital. We have not needed VC money since the Wright Brothers. Yes, they plowed bicycle sales profits into cofounding #AeroEng.
Anyway, Arizona governor, Gov Ducey hosted SF VCs in Paradise Valley.
Holly Mechsner (@HollyMechsner) | |
Interesting panel at #AZtech2017 with Jack Selby, Mike Fong, @jpressman and @crazyfoo pic.twitter.com/75nP6DSIrw
|
Jack Selby, Mike Fong, @jpressman and @crazyfoo (Josh McFarland)
Larry Chiang (@LarryChiang) | |
Austin, Paradise Valley & Vancouver all beg for VCs to pour in money. But, do what YVR & ATX film industry did to Hollywood.
Edit. #cs183e twitter.com/phxbizhayley/s… |
So, Vancouver has a thriving film industry. They did it in spite of Hollywood’s efforts.
Moose!
Austin has a thriving startup faction. They did this without Silicon Valley VCs permission. Austin edited. Similar to the film community scene that’s anchored by Sxsw Film Festival, the Austin startup contingent built momentum by editing. #cs183e
Larry Chiang (@LarryChiang) | |
practice your #tractionYVR skills at SXSW. Self fund your Austin Texas trip. 42 #larryChiangYVR tweets will help pic.twitter.com/lYXfOhdkTS
|
See Fast Company for “how to get your ROI before a tech conference even starts”
Jennifer Lindley (@eastvalleychick) | |
@shasta @crazyfoo @GreylockVC Thiel Capital talk venture capitalists and perspective on PHX tech scene. #econdev #aztech2017 pic.twitter.com/tAuupZCgGr
|
The future of VCs ability to find capital efficient founders will be via prepreneurs who edit inside #cs183e. Similar to hollywoods best directors come out of the editing bays, Austin-Scottsdale-Vancouver’s best pre-entrepreneurs will come out of editing dead startups at #cs183e
Edit. #cs183e
To bookend this blog post, know that the Wright brothers edited bicycles by making existing bikes better. They took their very small pot of money from bike sales and then edited other fixed wing flight efforts. They had five mentors for aerospace engineering which they cofounded.