More about John Kingsley

More about me soon!

I always get inspired and would like to have some similar culture in India someplace soon.

The secret to Silicon Valley's success? By Paul Saffo, Discern Analytics

We know how to fail and we have been doing it for decades. Failure is what fuels and renews this place. Failure is the foundation for innovation.

Failure is essential because even the cleverest of innovations - and businesses - fail a few times before they ultimately succeed. Consider Google: at least half a dozen other companies tried to turn search into a business, but Google was the first to crack the code and turn search into a huge business.And even when companies succeed, the only way to survive in the long term is to flee into the future by relentlessly innovating.

But to succeed you need an ecology of fearless players from venture capitalists to banks, suppliers and myriad other supporting businesses unafraid to risk all by helping with often flakey and unpredictable start-ups.

So if you want to be the next Silicon Valley, don't copy our success. Learn to support and encourage novel and ultimately successful failure.

By Vivek Wadhwa, entrepreneur, academic and author

Regions all over the world have tried to copy Silicon Valley, but none has succeeded.
That's because they have focused on trying to recreate its venture capital system, universities, or start-up incubators.

What they don't realise is that what really makes the Valley tick is its culture of risk-taking and information sharing; people-to-people networks; openness to new ideas; and diversity - more than half of its innovators are foreign-born.
It also helps that Silicon Valley has excellent weather, is close to mountains and the ocean, and has a myriad of state-park hiking trails - these help foster a culture of optimism, openness, tolerance, and sharing.
These are the ingredients that can't easily be recreated.
Venture capital only follows innovation, it goes where the opportunities for building wealth are, it doesn't create new opportunities.
So this shouldn't be the starting point in attempts to build an innovation ecosystem.

Any region wanting to build its version of Silicon Valley should focus on its people and culture.

http://www.bbc.com/news/technology-26041341