Should other ecosystems stop trying to copy the Silicon Valley ?

It’s a fact that nobody can deny: the SIlicon Valley is the most dynamic entrepreneurial ecosystem in the world. Yearly studies keep confirming it, and it is increasing its overall domination: last year the Valley attracted about 40% of private investments in startups (about $20 B). Other states leaders and foreign governments keep scrutinizing this area, hoping to replicate its secret formula and host the next Facebook. Unfortunately, the secret is well kept and no one succeeded in this enterprise until now. Continue reading

Essentials of the weeks : March 1 – 9

EssentialsDear Friends, March is off to a flying start and great news and events about entrepreneurship keep blooming ! On the finance side we just got a hold of new data on angels investment in 2011, and a few surprises awaited us in the Halo Report. Indeed, if California still leads the pack with 21% of total investments, a couple of regions are on its trail ! Surprisingly, it’s Michigan that takes the second place with 16% of investments, followed closely by New England (14.6%). What is remarkable is how angels groups are active throughout the whole country, Continue reading