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What New York needs and doesn’t need

Chris Dixon blogs about what New York needs and doesn’t need with regard to startups. We chime in:

What NY needs (like SV) is less subprime VC. Because when subprime VC is gone and companies with substantial social economic value are produced, investors will care more about securing upside rather than downside, and the commodity squeeze in innovation will disappear. Along with many of the pain points you listed here.

Find our online comment on Chris’ blog here.


About Georges van Hoegaerden

After my ideas had raised $14M and returned over $100M to investors in Silicon Valley I could not help but detect a systemic flaw in the way we detect, build, fund and support systems of innovation. On an entrepreneurial quest to root-cause I evolved my focus from the economics of innovation to the innovation of economics, and ended up completely rewriting the playbook of economics that must guide us all. I named my invention Renewable Economics™.

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