Remove investing Remove opportunity Remove startup ecosystem
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The Achilles Heel of Startup Ecosystems

This is going to be BIG.

Across the world, various economic development organizations, government agencies, and non-profits are putting in admirable and well-intentioned efforts to develop startup ecosystems. This is exactly the wrong way to think about the economic opportunity presented by innovation.

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VCs discuss the opportunities – and challenges – in Pittsburgh’s startup ecosystem

TechCrunch

Like many in the Steel City startup community, both share a focus on the historically difficult task of keeping startups in town. I asked Peduto and Mawhinney what the single biggest obstacle has been in building out Pittsburgh’s startup ecosystem. Both responded the same way: venture capital.

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How VCs, Accelerators, and Coworking Spaces Put Communities in Buildings vs. Buildings in Communities

This is going to be BIG.

VCs and fulltime angels bring a lot more than just money to the communities they invest in. You can get just about any wealthy person to part with some small portion of their wealth to put into risky investments, but these people don't contribute back to the ecosystem. They also meet a ton of press.

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What minority founders must consider before entering the venture-backed startup ecosystem

TechCrunch

Crunchbase examined the access to capital in the venture-backed startup ecosystem and proved that many industry leaders still worry that nothing will drastically shift. As a Black fintech founder, I believe that venture investors are making safe bets and investing in late-stage founders instead of early or even pre-seed stages.

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beSUCCESS Media spotlights the vibrant Korean startup ecosystem at BEYOND Expo in Macau

AsiaTechDaily

At the BEYOND Expo, beSUCCESS Media presented the company’s efforts to support Korean startups at the Korea Tech Reception, a gathering of leading media and tech companies from Asia and worldwide. beSUCCESS Media site AsiaTechDaily.com brings news regarding the Asian startup ecosystem and technology and innovation in Asian companies.

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Navigating Singapore’s Startup Ecosystem: Top 5 Funding Initiatives Unveiled

AsiaTechDaily

Early Stage Venture Fund (ESVF) The Early Stage Venture Fund (ESVF), an instrumental initiative in Singapore’s startup ecosystem, is designed to provide crucial financial support to early-stage high-tech startups. This collaborative effort injects crucial financial resources to help the expansion of startups.

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Malaysia’s Economy Minister Outlines Government’s Vision for Startup Ecosystem Reforms

AsiaTechDaily

Register The Malaysian Economy Minister, Rafizi Ramli, has announced that the government plans to reform the country’s startup ecosystem. The minister explained how the government will focus on enhancing funding and investment opportunities, particularly at the seed and angel investor stages.