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Wednesday, November 2, 2011

GMU StartUp Challenge

Tuesday November 8, George Mason University is hosting their annual StartUp Challenge.

Seven Startups are scheduled to strut their stuff, so attendees will get an insight into the next crop of new technologies.

I have been following Peter Corbett, going to Disruptathon and several DCTech meetings, and today’s startups are different from five years ago, ten years ago, fifteen years ago.

Twenty five years ago, I was on the left coast. We would get an idea, put together a budget, earmark funding, recruit a management team, get some space and commence to develop something. There was no internet, very small computing, and a highly developed social network in the Bay area.

These companies were mini-Fairchilds and HPs, led by the same type of engineers. We were making products and new categories, like desktop slidemakers. That was when slides were 35 mm and came on a carousel.

Every five years we get faster, learned what we didn’t have to build to make a successful venture. In John Battelle’s The Search, Google had spent $50 million before they figured out they were an advertising platform. I don’t think that could happen again.

If you have an interest in how the new economy is shaping, come to the GMU StartUp Challenge. And please root for MyLeadershipPractice!

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