O'Reilly logo
  • Richard Lawler thinks this is interesting:

equating startup communities and venture capital is a fundamental mistake

From

Cover of Startup Communities: Building an Entrepreneurial Ecosystem in Your City

Note

This is a pretty weak argument. Startups that are funded with leveraged venture capital are playing by a whole different set of rules and have distinct advantages from those that are funded by traditional business credit, savings or profits from ventures selling real goods or services.