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Why “The Culture of Failure” is Imperative to Startup Communities

Both Sides of the Table

After a recent discussion I had with Steve Blank it made me remember that I had left off one of the most critical factors – a culture of failure. I lived in London from 1997-2005 and for 6 of those years ran my startup based out of London. 11:00 How do you think the ‘failure’ culture emerged in Silicon Valley?

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Israel’s startup ecosystem powers ahead, amid a year of change

TechCrunch

Israel’s heady mix of questioning culture, tradition of national military service, higher education, the widespread use of English, appetite for risk and team spirit makes for a fertile place for fast-moving companies to appear. Israel’s startups industry began emerging in the late 1980s and early 1990s. billion into Israeli companies.

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5 top investors in Dutch startups discuss trends, hopes and 2020 opportunities

TechCrunch

Plenty of good funding rounds, a highly skilled workforce and a strong entrepreneurial culture have given Amsterdam a booming startup ecosystem. The median seed round is $500,000 (above the global average of $494,000) and a median Series A round for a startup is $2.4 based tech founders are welcomed with open arms.

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Austin emerges as a city of unicorns and tech giants

TechCrunch

Earlier in the month, S3 Ventures raised $250 million for its Fund VII, touting itself as “the largest venture capital fund focused on Texas-based startups.” S3 Ventures founder and managing director Brian Smith notes that when he started the firm in 2005, venture capital in Texas was finally starting to recover from the dot.com bust.