To put it simply, this is why SacStarts exists.
After an eight-year study of successful and unsuccessful startups and their founders, researchers have concluded that founders of startups are more successful if they have a strong network of other entrepreneurs.
Alex Muse from Spur has some advice for young, entrepreneurial-minded people: go work for a Fortune 500 business for a while.
At last week’s dinner we were talking about the realities of starting a company in Sacramento and getting outside investment. I’d recently seen a chart on Paul Kedrosky’s blog that shows investment by locale with the SF Bay Area getting a whopping 39% of investment dollars and Southern California and New England tied for second with 10% each.
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