First of all, I just wanted to say Happy New Year, as this is our first entry of 2008!
In the first few days of this year, lots of people in the U.S. will be focusing their attention to Iowa, watching with great interest what will happen in Thursday’s caucuses. But today, I’m thinking more about Idaho. And North Carolina of course.
According to the Idaho Statesman (“Idaho’s #1 website for news and information”), Boise has had a hard time attracting businesses to the area because of what one businessman called “the lack of entrepreneurial culture” there. In this particular piece, the author says that Boise needs some entrepreneurial spark in order to attract new business and stimulate the economy.
So why am I talking about it here? Well, the author gives a shout out to Durham, Shoeboxed’s home base.
What does it take to build the culture? Look a the Stanford/Silicon Valley connection or Highway 128 around Boston and Harvard University. The Research Triangle in Raleigh/Durham near Duke University has that intangible culture… “It” is a combination of a strong university, either engineering or management oriented; an incubator area for new technical ideas to develop economically; and venture capital to fund it. You also need like-minded, competitive, risk-taking individuals who want to do their own thing and who are willing to share experiences and knowledge.
Durham is an awesome place to start up a company, and we’re happy to be a part of the “it.”