Not 1 but 2 – Silicon Valley lives up to it’s nameSeptember 10, 2010 at 11:30 pm | Posted in Uncategorized | Leave a comment
Finally getting to write about an amazing 2 days spent in San Mateo, Menlo Park and surrounding areas.
I had the pleasure of hosting iFind for the mentoring day on Wednesday and met with all of folks who kindly gave up their time for nothing more than the chance to maybe work with these very early stage companies in the future. The big takeaway for me was to see how Neil, the sole founder from Canada (who had never pitched in front of investors) before grew over the 2 days to the showcase event where he had the crowd entralled in his vision to use technology to track livestock and prevent disease outbreaks.
A couple of things really struck me over the couple of days
1. The knowledge and insight across the whole community is amazing – they just know how to build companies from legal to team to technology to finance. The whole ecosystem feeding itself and understanding the roles the various actors play.
2. Respect for the entrepreneur and taking risks. It’s OK to fail (in the right way). How often do you hear that in Europe and other parts of the world.
Anyway, these are some of the cultural reasons why it is not possible to simply replicate silicon valley which is build on social connections and understanding.
The upshot of the mentoring and pitching sessions showed how even experience entrepreneurs can up their game with the help of experienced heads.
So to the awards. It seems the judges couldn’t decided on 1 overall winner and so declared that Silicon Valley is indeed so special that that 2 companies should share the award. So the winners from SmartCamp Silicon Valley are
Carecloud and Streetline.
More to follow soon