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July 9, 2012 12:00 am GMT
I have spent a lot of time in Brazil, working on my startup Colingo, about a month ago I was in Sao Paulo for Dave McClures Geeks on A Plane.Brazil is a hot market with many firms like Accel and the famed Sequoia capital searching for opportunities. Many of these investors are looking to fund copycat, business that emulate successful American startups. Businesses like Peixe Urbano (Groupon), Elo7 ( Etsy), Kekanto (Yelp), and Shoes4You (Shoedazzle).Whenever I come back to the Valley, I often hear whining that clones are the work of unimaginative thieves -- not real innovators. Genuine innovation requires brand new ideas, and is typically the work of a Stanford dropout (or at least Harvard).This is bullshit.
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/RvezYjGeUOw/
Hey, Thats Mine! Give It Back! The Fallacy Of The International Clone
I have spent a lot of time in Brazil, working on my startup Colingo, about a month ago I was in Sao Paulo for Dave McClures Geeks on A Plane.Brazil is a hot market with many firms like Accel and the famed Sequoia capital searching for opportunities. Many of these investors are looking to fund copycat, business that emulate successful American startups. Businesses like Peixe Urbano (Groupon), Elo7 ( Etsy), Kekanto (Yelp), and Shoes4You (Shoedazzle).Whenever I come back to the Valley, I often hear whining that clones are the work of unimaginative thieves -- not real innovators. Genuine innovation requires brand new ideas, and is typically the work of a Stanford dropout (or at least Harvard).This is bullshit.Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/RvezYjGeUOw/
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