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Posted by Tom Foremski - February 3, 2012 In San Francisco cafes and bars, even on the street, I overhear people talking about their startup ideas, business plans, and goals. And there are tons of incubators, Angels, wannabe Angels, VC firms, making investments in startups. And there's lots of money being made, especially among the Super Angels, the incubators such as Y Combinator, the micro-VCs, and people such as Jeff Clavier, Dave McClure, who have made fortunes selling startups to larger companies.
Women have made astounding advances in the workforce in the past fifty years. Even in the tech sector, traditionally an enclave of geeky guys, women have progressed from support roles to becoming respected builders, leaders and innovators. We're still a minority, but no longer an anomaly. So it bothers me, and a lot of my female colleagues, to see another woman argue that we still don't belong.
This gem of an article showed up in my Twitter stream this morning…and I haven’t been able to stop thinking about it. Basically, Penelope Trunk explains why male founders shouldn’t hire/work with women in startups. Diversity, she says, is a luxury that is great for large companies, but distracts from the focus that a small startup should have. At first, I thought the article would be just a brain dump with a sensationalist title, like this other article about Why Women Shouldn’t Attend Tech Conferences . But it wasn’t.
Serial entrepreneur and Harvard Business School Entrepreneur-in-Residence Eric Ries delivered an insightful and entertaining talk on his Lean Startup methodology at the PARC Forum invited expert speaker series last week. (This is part of the Entrepreneurial Spirit series; you can see the other speakers and videos here .) Don’t let the word “startup” fool you – according to Eric’s definition, a startup is any organization of any size dedicated to creating something new under conditions of uncertainty . Sound familiar? Of course it does, because anybody working in innovation – whether in a garage or Fortune 500 boardroom – is doing just that.
Middle Men. Middle People? They exist in all forms of work and life. They’re essential in helping us get our jobs done because they specialize in something we do not. They do a routine task over-and-over again all year long that we do only periodically.
As a Brit who gave up cheerleading the European tech scene to make the pilgrimage to Silicon Valley to live, eat and breath the world’s leading hub for technology startup innovation, I’ve been largely unimpressed and disappointed by the quality of startups here. Living in San Francisco since January, I’ve interviewed around two hundred startups and there’s only two, out of two hundred, I think are game changers. Now, don’t get me wrong, Silicon Valley is an incredibly inspiring place to be. Everyone is doing something amazing and trying to change the world, but in reality much of the technology being built here is not changing the world at all, it’s short-sighted and designed for scalability, big exits and big profits.
Startup life and culture is super sexy and all sorts of founders are appearing in their jeans and t-shirts and boyish/girlish grins on the covers of magazines and newspapers across North America. Seems that millions of dollars of money is being thrown left right and center at anyone with a dream and the gumption to pursue it. There has been no better time to quit your day job and pursue this. It costs next to nothing to build stuff on the web, right? Only it isn’t *exactly* like that and we’re only hearing a small portion of the stories.
www.acceleratingfuture.com AUCKLAND, NEW ZEALAND – Peter Thiel is the first outside investor in Facebook , the guy who sold PayPal to eBay for billions, and a Founders Fund partner. Thiel says it's easy to figure out why someone wants to be a CEO or another very early employee in a startup; they'd like to run a company and get rich doing it. He says its also easy to know why employee number 1,000 joins; the company is clearly on its way to growing into something huge, and will provide a nice, stable living. According to Thiel: for the only companies worth starting – perhaps the only companies he'd invest in – the right answer is that employee number 20 will join because you are doing something nobody else has done – "something fundamentally new, fundamentally different."