I’ve just read early-stage Australian entrepreneur Kevin Garber’s story about his visit to Silicon Valley in Australian Anthill.
For a quick trip to Silicon Valley, this is an insightful observation. For those of us who live it day to day and have done so for years, we see it as simply reflecting the reality of a high risk, high reward culture that Silicon Valley is. A place where 1 in 10, if you’re lucky, get funded, and “great ideas” without a market will quickly die.
The bottom line is – you’ve got to be here, you’ve got to try those great ideas, yes, every single one of them, because it’s only when you take the risk that you’ll ever reap the reward.