I want to build the next Silicon Valley in northern Mexico, can you help?
Well connected with government, investors. Please comment
2 comments
You should start with a business or product that people want to use, or that is technical impressive. Only after that it makes sense to get government or investors involved.
What I offer may be helpful, but you likely have strong reasons to ignore it:
I have been a part of a dozen “next Silicon Valley” projects across the US, with friends who have done it internationally.
I’d suggest studying how it happened in Paris/France and also how Portgual lost it.
The only thing that works is founders helping founders. Everyone else responds to the signal they generate.
If you try to send that signal with investors/vendors, you will attract a lot of people who will not build much value.
One formula I’ve see work is to faciliate college student talent interest in startups meeting with founder/CEOs who built very successful companies. It gets a fly wheel going.
When I was on the ground floor of the NYC startup scene, it took ten years to build up to a viable startup scene.
Your effort will likely take longer.
So the best help I can give you is this - don’t waste your life.
If you are willing to contribute a generational effort towards this goal, find every founder from N Mexico and meet them. Ask for their advice on your vision. Do what they recommend.
If not, save yourself the dissapointment. There are literally 1,000s of attempts that have failed. Venture studios do not work. Angel investments from people who are not in the industry of your startups do not work.
It takes a lifetime to build a network in an industry. That is what early stage founders need access to, from people who understand how to succeed in them.
EDIT: typos & grammar
I have been a part of a dozen “next Silicon Valley” projects across the US, with friends who have done it internationally.
I’d suggest studying how it happened in Paris/France and also how Portgual lost it.
The only thing that works is founders helping founders. Everyone else responds to the signal they generate.
If you try to send that signal with investors/vendors, you will attract a lot of people who will not build much value.
One formula I’ve see work is to faciliate college student talent interest in startups meeting with founder/CEOs who built very successful companies. It gets a fly wheel going.
When I was on the ground floor of the NYC startup scene, it took ten years to build up to a viable startup scene.
Your effort will likely take longer.
So the best help I can give you is this - don’t waste your life.
If you are willing to contribute a generational effort towards this goal, find every founder from N Mexico and meet them. Ask for their advice on your vision. Do what they recommend.
If not, save yourself the dissapointment. There are literally 1,000s of attempts that have failed. Venture studios do not work. Angel investments from people who are not in the industry of your startups do not work.
It takes a lifetime to build a network in an industry. That is what early stage founders need access to, from people who understand how to succeed in them.
EDIT: typos & grammar