Social Times - Latest Comments in Can D.C. Build A Startup Community?

Re: Can D.C. Build A Startup Community?

Nick O'Neill — Sun, 23 Mar 2008 10:14:51 -0000

Hey Justin,

I definitely agree. There are people that are doing things and I hope for social times to be a significant contributor to this if not a center of it.

In regards to taking risks I completely agree. I'm seeing that the culture of not taking risk is definitely embedded here even within the entrepreneurial community. Knowing when to quit doesn't seem to be a number of people know about either but I won't delve in to that.

There will be new features on this site that we launch that are going to help us build the community. I've realized that we (Social Times) don't need to host all the events we simply need to help people communicate their events and business more efficiently.

So as to your concern about discussion and no action ... I'm definitely taking action and I'm sure others will also :)

Re: Can D.C. Build A Startup Community?

Justin Thorp — Sun, 23 Mar 2008 10:00:02 -0000

Dude, one thing i've noticed is that there has been a lot of these meta discussions about building a community.

I just don't want those to get in the way of actually doing something. Seems like it'd be easy to get into a rut and just ask ourselves all day, "why aren't we more like silicon valley?"

Folks have to be willing to take risks. When they have an idea, go for it. One thing doesn't work then try something different.

Re: Can D.C. Build A Startup Community?

David Strachan — Fri, 21 Mar 2008 08:00:20 -0000

The NVCA (National Venture Capital Association) just published a report - Fastest Growing Regions for VC Outside Silicon Valley. The D.C. metro area ranked fifth with a 71% increase in the number of deals over the last ten years (105 to 180), and a 130% increase in funding ($558 mil to $1.3 bil).

http://www.nvca.org/pdf/Fas...