09 Sep '13, 8am

Singapore’s Startup scene – words of a Silicon Valley Entrepreneur:

This is tremendous deviation from the open, collaborative, and transparent nature of Silicon Valley. It’s common for founders of ‘competing’ companies to go out for drinks with one another. New startups will push their ideas out to the community through presenting at events, blog coverage, or just socializing at parties – looking for feedback and criticism from their peers I’m a firm believer that an idea is worthless , there are millions and millions of ideas in the valley. The number of people that actually act and execute on an idea is much less. I’m hard pressed to know of a situation where a small web startup is in the pre-launch stage and then a large web company swoops down and steals the market – usually the big company doesn’t actually see the value in the idea until the small startup proves it with user adoption.

Full article: http://nushackers.org/2011/04/singapores-startup-scene-fr...

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