Impossible to summarize in a just a few lines the intensity and energy i discovered in Silicon Valley for the past 10 days. All i can say is that i understand a bit better why the USA are still and will remain for while the world champion in creating and stimulating successful world class internet start ups.
I certainly recommand to any entrepreneur to take a dip once in a while over there. Israel has a lot to learn from there although we have here a strong entrepreunarial track record. For me the key difference is the level of expertise of young entrepreneurs in consumer internet and the level of development of the ecosystem necessary to stimulate success, starting from university to venture capital and concentration of key players at all level.
In 10 days i met so many internet companies that i can hardly recall all of them. I even crossed with Chad Hurley from YouTube a few minutes before i take off. Lots of VERY interesting meetings and even though most of our investments will be in israel those will serve in a way or another our future portfolio company (actual we have already one)
Anyway, this is definetly not the last time i am going there.
So now i am here, but i am off again in 3 week for LeWeb3 which is promising to be the second best internet event this is after the Web2.0conference i just attended.
See you there december 11/12
PS: 2 thoughts out of the blue
- please launch a TRUE high quality coffee network in the US, starbucks is awful (how about AROMA/ARCAFFE or whatever)
- one thing i miss already are the great jazz radio nearly add free (KCSM KKSF). Which is the opposite of what we have in israel (ads and sometime music). will listen on the internet from now on.