how to grow a silicon valley
TRANSCRIPT
How to Grow a
Silicon Valleyin Porto, Portugal
Felipe Ávila da Costa1985. Born in Porto Alegre, Brasil
2000. Moved to Porto, Portugal
TODAY. Communication, IT, Information and Knowledge Manager @ Science & Technology Park of U.Porto
2008. Master in Software Engineering
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Paul Graham
Co-Founder of Y Combinator
Startup Guru
www.paulgraham.com/articles.html
Essayist, Programmer, and Investor
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How to be Silicon Valley
Could you reproduce
Silicon Valleyelsewhere?
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YES!You only need to put together two kind of people!
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Nerds
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RichPeople
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Do we really need Rich People?No, but they make things go much faster!
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No, because Startup Investor can supply advice and connections as well as money.
The Government can substitute them?
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How to make Nerds and Investors move somewhere?(Let’s say… to Porto)
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You need a Top University
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University ofPorto
Top 100 European Universities
30 000+ Students
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You need an
Attractive TownNice Weather
People walking around smiling
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Creative Environment
City with Personality
Well-preserved old neighborhoods
Locally-owned shops and restaurants
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You need an
Attractive Town
You need
Youth
Student Environment
Tolerant Environment
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You need
Time…to let it grow organically
…to let it fail and start again
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…to complete one or two startup cycles
Startups beget Startups
People who work for startups start their own
People who get rich from startups fund new ones
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Some
Conclusion1. All you need is the right people!
2. You don’t build a Silicon Valley, you let it grow!
3. Startups beget Startups!
4. Porto has all it takes to become a startup hub!
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How to
Get Involved1. Start a company
2. Fund a company
3. Get to know new Startups
5. Walk around smiling
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4. Promote Startups
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