What makes West Coast entrepreneurs so special? Apparently they embrace failure better than others. “Hey East Coast entrepreneurs: We fail better than you. XO — your friends in the Valley.” Apparently, the secret to Silicon Valley’s success isn’t just the good weather and smart people – turns out, the secret to our region’s entrepreneurial preeminence just may be the way we embrace failure.” (Forbes)
It is the best of times … for online businesses. “The cost and resources required to launch an online company are at a significantly lower threshold than ever before. On the other hand, startups have a much higher threshold of performance required to be successful …” (Venture Beat)
Get big or get bought. A growing number of tech startups are looking to be acquired as they expect tougher times ahead. The days of angel investors fighting for a sliver of hot deals and venture capital gushing forth at soaring valuations, may be a thing of the past. (CNN Money)
It’s time to think bigger. Radical ideas are poised to attract aggressive funding. GigaOM shares projections for what’s next. (GigaOM)
© YFS Magazine. All Rights Reserved. Copying prohibited. All material is protected by U.S. and international copyright laws. Unauthorized reproduction or distribution of this material is prohibited. Sharing of this material under Attribution-NonCommercial-NoDerivatives 4.0 International terms, listed here, is permitted.