Silicon Valley’s aura is unique. Try though they might, other localities have yet to replicate it and likely never will.

In The Valley where I helped drive the semiconductor industry, we thrive on doing, and every vector of activity is based on doing things big. Nobody in the Silicon Valley technology world dreams of starting anything less than a global business. A good starting point for us is a million customers or users. Changing the world is considered the norm. In a word, Silicon Valley’s culture is geared to the exceptional.

the ceo magazine, venture capital,
Merrick Rosenberg, CEO of Take Flight Learning & Author of The Chameleon

Every venture capital firm develops a “differentiated” approach to evaluating startups. These approaches tend to have one problem in common: they’re not sure how to factor personality into investment decisions. Investors toss around words like “chops,” “focus,” “vision,” “obsession,” “horsepower,” “grit,” and “drive” to describe their ideal startup CEO. We can be more rigorous than that.

the ceo magazine, entrepreneurship,
Kris Finstad, CEO & Founder, ContentChecked

According to a report from National Venture Capital Association, in 2015 the venture capital ecosystem distributed $58.8 billion to startups across the U.S., an increase from $48.3 billion in 2014 and a clear indicator of the continued growth of the entrepreneurial market. However, penetrating the U.S. market is a challenge in and of itself due to the sheer size, population and the growing number of startups flocking to the states. Statistics have shown that only 10 percent of startups launching in the U.S. are successful. This daunting truth can be attributed to a variety of reasons including culture clashes, differences in business practices, and the competitiveness of the startup scene.

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