It Pays To Be Different - Why building your company outside Silicon Valley may save it

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While places like San Francisco and London get the most attention in the tech space, startup ecosystems are emerging all over the world. San Francisco and London didn’t become tech hubs overnight – and we’re seeing hubs quickly emerging in places like Buenos Aires, Prague, Cairo, and throughout the midwestern United States. But the question is: Why would you want to build your company in a “new” startup ecosystem?

Breaking Geographic Boundaries

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It’s a great time to highlight a couple of regions that may not immediately pop into your head when you think of entrepreneurial ecosystems. The truth is, some surprising cities and countries around the world have made remarkable steps in evolving their startup communities and how they serve entrepreneurs.

How to Build a Happy Startup

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Startups often struggle to find a balance between hiring people for talent and hiring them for cultural fit. It’s a tough line to walk, since both are so important. Having considered case studies from companies like Airbnb and Rackspace, entrepreneur and tech writer Josh Althuser concludes: “If a prospective employee is slightly lacking in talent but is a culture fit, you can help them work on their weaknesses. But if an employee does not fit culturally, that’s a harder change to make. At the end of the day, maintaining the right equilibrium between talent and attitude will ensure you have the right team in place.”