Last Wednesday TechCrunch, hosted a meetup in Richmond at the Snagajob.com offices to foster entrepreneurialism in the region. A widely respected and entrepreneur-focused technology blog, TechCrunch has a global audience is a must-read for many venture capitalists and technology moguls, so to have them visit was a big deal.
Entrepreneurship and Richmond?
TechCrunch’s visit brought together over 100 entrepreneurs, angel investors, tech industry insiders, and even the idle curious in an effort to encourage attendees to pitch entrepreneurial ideas to each other or to TechCrunch themselves and see where it might lead.
While we’ll have to wait and see what pacts were sealed with a ride on the Snagajob slide, TechCrunch’s visit validates a shift that many are already noticing in Richmond, but we’ll let TechCrunch tell you themselves:
It looks like this town is just starting to unwind a little and consider entrepreneurship as a viable alternative to the corporate life, so we’re pretty excited to be here.
While Richmond has been home to some titans of industry, entrepreneurial examples like Snagajob and Create Digital are proving that there’s room in Richmond for grass-roots growth in the new economy. While the recession has been tough on many, it’s also provided the proper creative and financial push to explore new opportunities and create new technologies with much lower barriers of entry to a global marketplace.
Of course with any new venture, there’s always going to be risk, but one of the TechCrunch hosts encouraged attendees to thoughtfully consider the risk versus the reward – and to be bold. “Make your pitch,” Jordan Crook urged attendees when it came to their business ideas. “What’s the worst thing that’s going to happen? A potential investor says no? That’s nothing, then you just move onto the next one.”
Crook noted that right now is the very best time for new ideas and new companies to jump into the deep end. Good ideas will prevail, and Crook noted that in the present economic climate that starting a business or product now that proves viable will only set those entrepreneurs up all the better once the economy picks up.
So we ask … how do the risk and reward truly measure up? Are you poised to gain from the rapid expansion into the mobile environment? How can we help your idea become a reality?