Part I: The Start-up of Russia. The Startup of Start-up Communities: The Power of Clones in Russia—& Beyond

Last time I introduced the questions as topics for answers in this five part post series: 1.)   What is the ‘spark’ that ignites the startup of start-up communities? 2.)   How does the ‘start-up’ of startup communities differ—emerging markets vs. developed countries? 3.)   Why is the US entrepreneurial model of experimentation, trial and error and pivoting a death sentence for entrepreneurs in the emerging markets? And what you can do about it. 4.)   How does the culture of risk and failure…

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INTRODUCTION: THE STARTUP OF START-UP COMMUNITIES; THE POWER OF CLONES IN RUSSIA—& BEYOND

What are the elements of a start-up community?  What can you do to startup a start-up community in your city, or help it do more—faster? Venture investor Brad Feld (Foundry Group, Boulder, Colorado, co-founder of Tech Stars, blogger Feld Thoughts) writes about these subjects in his other blog StartUp Communities with his new book titled ‘Startup Communities: Building an Entrepreneurial Ecosystem in Your City,’ to be published in the fall of 2012.  You can read his first draft, outline here.…

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Insider View, Twists & Turns in International Venture Capital

In January I delivered a lecture to MBA students, Ross School of Business at the University of Michigan. David Brophy, Director of the Office for the Study of Private Equity Finance & Associate Professor of Finance invited me to speak at his private equity class about my experiences in doing VC since 1986, with what he calls “Tom is 3 feet deep into VC, with mud on his boots.” If you don’t know David you should, as he was the…

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