Lisa M. Krieger expresses her passionate appreciation in an informative article regarding the unstoppable momentum Silicon Valley has made through its high energy in start up companies. Silicon Valley is a Mecca for startup, surely, there has to be a secret to why so many startups are successful. "Startups in Menlo Par, Mountain View, Palo Alto, and Sunnyvale have 20 times the average quality of the median and 90 times that of the lowest ranked cities in California" (Krieger 1). Scott Stern, co-author of the MIT and National Bureau of Economic Research stated "We have a habitat here that creates a supportive environment, and we have the infrastructure -- the VC, the lawyers, and accountants," said Scott. Krieger allows Stern to take the lead in her article, expressing that the close vicinity between the lawyers, accountants, and other assets really add an incredible amount of value to the area, creating an eco-system of closely tied powerhouses. This monstrous powerhouse, in my personal opinion, is what drives the energy of the valley. Its a self defined environment, totally cool, and impeccably driven.
I would like to adress this notion that is mentioned in the article however. The assumption is one can measure growth of these startups by "meaning". For instance, if your measuring true growth by the characteristics that define a company, and linking them to the amount of an IPO, to find a correlation; there is an expectation to find meaning. The entrepreneurial hotspots represent a great depiction of the evolving cloud of energy that lingers on top of the valley. Krieger elaborates throughout the article inferring Stern and his colleague's philosophy on measuring "meaningful growth" will change how Silicon Valley is approached by other startups, and change how entrepreneurs start their journey. However, I'm not really sold on the whole idea that high quality startups are absolutely revolved around the laboratories, because many start ups are not founded off the principle of getting assistance from conglomerates of databases across the neighboring fence. What I'm saying is, is I find it to be a very logical and concise article; however it bulges with bias because it does not establish more than 5 groups that have tested this theory to its limits.
On the flip side, Krieger elaborates further with more than credible sources referencing the anticipation MIT has to get their hands wet in the area. Its an interesting inference, and after digging deeper through this article you since Cambridge's intention to congregate with executives from Silicon Valley. My take on the issue? I dig it! I think any business person would do it, but not any person would know how to do it! MIT is one of the most prominent institutions in the country. This goes back to my previous point, start ups do not revolve around laboratories, they successfully operate off quantitative analytics and data. MIT is more data and research driven from a quantitative perspective.
All-in-all the article is a good one, and I am eager to see how the energy of silicon valley correlates, hopefully positive, with the newest intentions of MIT. MIT really has few failures once a strong evaluation is done. I'm sure the future is going to be full of new things from the joint-efoo
Monday, February 16, 2015
A few things you shouldn't really know about me, but Im going to say anyways
Well I could tell anyone about all the times I've been hunting in TX, or all the crazy college shenanigans I have accumulated throughout the years, but that wouldn't be very helpful now would it, so I'll tell you who I really am. I am a sophomore future oriented in an exciting way that relates to both technology and business, with a wide ranging intellectual curiosity that continually feeds my educational interest and ability to relate well with people. Other than that boring and long statement, I have a personality. I have a passion for business, and I also have a passion for technology. So what do you get when you combined all of those? Well just the coolest guy in town...just kidding! I like to have a great time, and at the end of the day I like to watch FOX News, rather than pick up an article from People Magazine. I'm a huge believe in Jesus Christ, and a firm believer in ensuring that my life is aligned with his goal.
Coming from Texas, I have a huge passion for hunting, and yes it is a sport. We're not entitled savages running around wild with guns as we please in the lone star state. We have rules and regulations for the sportsman hunting on his property. In fact, I recently enjoyed what you could call a rite of passage, for a young man from Texas. Over this past winter break, I successfully and cleanly killed my first deer. Now, the word, cleanly, yes let me explain what I mean. When your going to take an animals life to put food on the table, and yes I mean we only hunt to eat, you need to do it quickly and with a clean shot. Precisely what I did. I cant express how eager I was to do such a thing, because I had dreamed of being the young man that I am wandering through the woods with my rifle, and using my own knowledge from previous hunts, to successfully accomplish what had been desired for a decade or so. I was proud, what can I say?
Other than that tidbit about my life, I really can only say I don't plan on asking for a job when I'm out of college, I plan on giving people one. I plan on taking after my grandfathers idea and starting my own business, specifically technology related, but thats for another time to talk about. Im not sure I can trust elaborating on my business related aspirations on a blog. It just may be that good, but who knows, theres a long way ahead.
Coming from Texas, I have a huge passion for hunting, and yes it is a sport. We're not entitled savages running around wild with guns as we please in the lone star state. We have rules and regulations for the sportsman hunting on his property. In fact, I recently enjoyed what you could call a rite of passage, for a young man from Texas. Over this past winter break, I successfully and cleanly killed my first deer. Now, the word, cleanly, yes let me explain what I mean. When your going to take an animals life to put food on the table, and yes I mean we only hunt to eat, you need to do it quickly and with a clean shot. Precisely what I did. I cant express how eager I was to do such a thing, because I had dreamed of being the young man that I am wandering through the woods with my rifle, and using my own knowledge from previous hunts, to successfully accomplish what had been desired for a decade or so. I was proud, what can I say?
Other than that tidbit about my life, I really can only say I don't plan on asking for a job when I'm out of college, I plan on giving people one. I plan on taking after my grandfathers idea and starting my own business, specifically technology related, but thats for another time to talk about. Im not sure I can trust elaborating on my business related aspirations on a blog. It just may be that good, but who knows, theres a long way ahead.
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