Start-up euphoria is the first Gold Rush of 21st century. As any Gold Rush in past, it creates the infrastructure, where service market is booming first:
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Tren Griffin “Start-up building is hard. There is no manual for it. You’re always going to be short of people, you’re always going to be short of money.”
Gregory Gromov “There is no manual for it.” Are you sure? http://www.ctinnovations.com/images/resources/Startup%20Owners%20Manual%20-%20BlankDorf.pdf … and tons more. Start-up experts & services market is booming!
Elaine Pofeldt How To Create A Startup Hub. It’s fun to launch a startup … But if you’re starting a business in a town or city that isn’t known for creating the next Snapchat or Oculus VR, it can get a little lonely. So how do you actually pull off the advice in Brad Feld’s popular book on the subject, Startup Communities? Read more: http://www.forbes.com/sites/elainepofeldt/2014/07/31/how-to-create-a-startup-hub/
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Tren Griffin The idea that a nest of complex adaptive systems can be managed by a paint by numbers manual is triumph of hope over experience.
Any kind of the gold rushes were always based on the “triumph of hope over experience“:
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Gregory Gromov People eager to take part in 2nd “Gold Rush”. So,market responds. Who profit the most from Gold Rush of 19th century? Not miners
See also: From the Gold Mines of El Dorado to the “Golden” Startups of Silicon Valley