Session Description
Architects of the modern startup community movement come together to explore how ecosystems around the world are thriving, growing, and positively impacting economies.
Join David Cohen (Techstars), Brad Feld (Foundry VC), Ian Hathaway (Far Out VC), Lesa Mitchell (Alloy Partners), Greg Rogers (Techstars) and Erik Mitisek (Techstars), as they explore the key dynamics that make startup communities thrive.
Here's a comprehensive recap of the "Startup Community Super Builders: Seeding Ecosystems and Powering Economies" session, formatted for a conference session page:
Session Recap
This highly insightful session delved into the essential ingredients for cultivating thriving startup communities and entrepreneurial ecosystems worldwide. Featuring a panel of distinguished leaders including Liea Mitchell (Alloy Partners), David Cohen (Techstars), Brad Feld (Foundry Group, Techstars co-founder), Ian Hathaway (Far Out VC), and Erik Mitisek (Denver Startup Week Founder), the discussion explored key principles, evolving concepts, and actionable strategies for building resilient entrepreneurial environments. Attendees gained a deeper understanding of the "give first" philosophy, the pivotal roles of founders and "instigators," and the often-underestimated impact of government and policy in fostering innovation. The session underscored the power of collaboration, inclusivity, and a genuine love of place in empowering entrepreneurs globally.
Main Discussion Areas
- The "Give First" Ethos: Panelists introduced and reinforced the concept of "give first" as the "secret weapon" for the most successful startup communities, encouraging generosity of time, connections, and mentorship.
- Defining Startup Community vs. Entrepreneurial Ecosystem: An important distinction was made between a "startup community," whose singular goal is to help founders succeed, and the broader "entrepreneurial ecosystem," which includes various organizations (universities, corporations, government) with multiple motivations, one of which is supporting founders.
- The Rise of "Instigators": The session highlighted the crucial role of "instigators," individuals who work within entrepreneurial ecosystem organizations but actively lead and support the startup community.
- Government's Evolving Role: The discussion tackled the complex relationship between government and startup communities, emphasizing the principle of "do no harm" and detailing how governments can support essential functions like institutional capital (rule of law, stable markets), scientific R&D, human capital, and physical capital (quality of place).
- Techstars' Community Partnerships: Techstars shared its strategic shift towards building "startup community partnerships" globally, creating joint learning environments and interconnected networks for communities, moving beyond just stamping out accelerators.
- Lessons from Denver Startup Week: The success of Denver Startup Week was presented as a prime example of radical inclusivity and collaboration, demonstrating how welcoming all stakeholders can amplify entrepreneurial activity across diverse business sectors and regions.
- The Importance of "Topophilia" and Openness: The concept of "topophilia" (love of place) was introduced as a fundamental driver for collaborative communities, alongside a strong call to break down "walled gardens" and gatekeepers to ensure easy connectivity for all participants.
Notable Quotes
- "The secret weapon of the best startup communities in the world... is this thing called give first." – David Cohen
- "Never underestimate the power of a small group of people to change the world. Indeed is the only thing that ever has." – Erik Mitisek, quoting Margaret Mead
- "Don't let the gatekeepers block you. And if you are in a position where you're a gatekeeper, open the gates. Make it easy for the people who don't have the power in your community to engage with you." – Brad Feld
Key Takeaways
- Prioritize "Give First": Make a conscious effort to support entrepreneurs. Even small gestures like giving 10 minutes of your time, buying coffee, or making a relevant connection can significantly help.
- Empower All Leaders: Recognize that effective leadership in startup communities comes from both founders and dedicated "instigators" who drive change from within supporting organizations.
- Advocate for Foundational Government Support: Understand that government's most impactful role is to ensure basic infrastructure for success—like stable markets, strong intellectual property protection, and quality of life—rather than direct intervention in innovation.
- Cultivate Radical Inclusivity: Build communities that are deliberately welcoming to everyone, regardless of background, business type, or location. Actively work to dismantle "walled gardens" and remove gatekeepers that hinder collaboration and connection.
- Nurture "Love of Place": A deep, collective care for your local community ("topophilia") is crucial for fostering genuine collaboration and sustained entrepreneurial success.
Resources Mentioned
- Books:
- "Startup Communities" by Brad Feld (first published 2012): This foundational book defined the concept of a startup community and introduced the "Boulder Thesis".
- "Startup Community Way" by Brad Feld and Ian Hathaway: This book further evolved the understanding of entrepreneurial ecosystems, introducing concepts like "instigators" and the "seven capitals" framework.
- Organizations/Initiatives:
- Techstars: A global mentorship-driven accelerator network that now also focuses on building "startup community partnerships".
- Denver Startup Week: Founded by Erik Mitisek, this event serves as a powerful example of community-driven entrepreneurial celebration and inclusivity.
Action Items
- Give Today: Help one entrepreneur in a small way today by offering 10 minutes of your time, buying them a coffee, or connecting them to someone in your network.
- Be an "Open Gatekeeper": If you are in a position of influence, actively open gates and remove barriers to make it easier for all community members to engage and contribute.
- Take Action (Don't Wait for Permission): Don't wait for formal invitations. Be a "motive force" in your startup community by initiating activities and contributing directly.
- Connect Globally: If Techstars' concept of structured "startup community partnerships" resonates with your community's goals, reach out to them to explore potential collaborations.
- Jump In and Change the World: Embrace your "power of purpose" and actively engage within your community to make a tangible difference.
