The Plug and Play Tech Center is expanding its overseas reach. Next up: building stronger ties with some of America’s top universities. Saeed Amidi, chief executive of the Silicon Valley incubator, said that last year, 60 companies from Europe, Asia and other parts of the world spent three months at Plug and Play’s facilities, as [...]
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Remarkable founders don’t come across as “silvery tongued devils,” says Michael Moritz of Sequoia Capital. Rather, they’re often shy, quiet and rather withdrawn. That was one of the observations Moritz made last night in a one-hour Q&A at startup incubator Kicklabs. The Xconomy-hosted event was provocatively titled “Michael Moritz Unplugged,” but the star VC didn’t [...]
Earlier this week, New York-based recruiter Paul Daversa wrote a widely read piece for Business Insider entitled: “IT’S TRUE: Top Tech Talent Is Now Leaving Silicon Valley For New York City.” Daversa wrote that “for the first time in my 20 years of search, the deal flow and investment lines have begun to blur as NY has become a hot-bed for building great tech companies and leadership talent is migrating to New York.”
Daversa added: “More than any time in recent history I am seeing a migration of talented engineering and operating executives leaving the Bay area and other parts of the country to lead NY companies.”
Now, Jeff Markowitz, the managing partner for Heidrick & Struggle’s venture capital practice, is calling bullsh*t. offers a different opinion.
A lot of venture capitalists are concerned about how their industry is shrinking, but Michael Moritz isn’t one of them. A partner at Sequoia Capital, Moritz was one of several VCs at yesterday’s DLA Piper Global Technology Leaders Summit who claimed the industry might be better off contracting. “I don’t think Silicon Valley needs all [...]
“I’m an optimist,” Reid Hoffman told me during a break at TEDx Silicon Valley on Saturday. Hoffman, founder and executive chairman of LinkedIn.com, was the lead off speaker at the TEDx conference at Stanford University. Truth be told, everyone there–the two dozen or so presenters and the more than 200 attendees and volunteers–were all optimistic. [...]