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Ideas get poorly vetted because the funders aren't current on tech trends. Techstars and other accelerators have also become major network hubs in the NYC ecosystem, bringing investors together from all across the country. When communities lack a critical mass of fulltime investors, you get a lot of inefficiency.
Anyone can build a coworking space, but it''s a lot harder to attract and curate a set of folks that makes me want to move into that space. These folks could become clients, funders, or good places to connect and work over the long term. Community is the aggregate of a web of relationships that flow naturally through a place.
In an ecosystem, there should be multiple entrepreneurial support organizations, coworking spaces, incubators/accelerators, investors, etc.communicating about the resources they have to support entrepreneurs. Dealing with resistive funders, however, is our biggest challenge. Ellen Bateman. Heather Metcalf. Mara Hardy.
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