Advising Russian Business Parks and Resorts


Recently, I was asked to serve on the International Advisory Board to RUSSEZ, a state-run management agency recruiting foreign companies and investors to Russia’s business parks and resorts.  I’ll meet the agency folks this week in Moscow to prepare for our 2013 invitation campaign.

Suggest how the Russez website can be improved for foreigners:

To follow Russian business trends, see my new Facebook group:

Photo:  Ekaterina Bragina handles foreign pharmaceutical investments.  Vadim Dubovik, a PhD who worked at Deloitte, is Deputy CEO of in Moscow.   Contact Vadim at:  vdubovik at



Dresden Seeking Social Media Partners

My colleague Ralf Lippold in Dresden is seeking social media partners around the world.  He writes:

I am a passionate social media / network enabler working on bringing together art, science, and technology in my beautiful city of Dresden News (City of Dresden), and at the meanwhile globally connect with passionate global citizens around, just like Sheridan, making the impossible a soon reality.

I am a passionate blogger about ballet, and opera, and following Singularity University’s, and Peter H. Diamandis activities to spread the use of information technology within rising fields, and create a state of Abundance (of opportunities to create economic wealth).

More on my actions on

Thanks a lot for your support, and connecting with Dresden 

Ralf Lippold

Social Media Ambassador at Abundance Hub; Studied Business Dynamics at MIT Sloan School of Management

Ralf asked on Facebook:  “What is the MVA (Minimal Viable Action) that can be done without waiting for the big money to flow in? What is currently holding back DREWAG – Stadtwerke Dresden GmbHand Dresden News (City of Dresden) to act?”

My reply:

The Silicon Valley process is fairly straightforward: Need/Opportunity -> Minimum Viable Product (MVP) –> User testing (customer validation) –> Refine MVP –> Keep testing to acquire evangelists (early adopters who love your produce/service and create “user buzz”) –> Investors show up when they hear “user buzz” (not vendor marketing hype) –> seed funding –> keep building fast before competitors pass you by. This process can be done in weeks, but can take over 12 months for more complex, scientifically-based systems.

I hear about Dresden incubators, but investors want to hear “user buzz” about hot Dresden startups. Are there any? Which ones are hot? Who are the smartest entrepreneurs in Dresden? What are they doing that is novel or interesting? Spend your time finding them. Many will be 19 to 30-year old college students dropping out to work on their interesting ideas. Also, laid-off corporate people trying to create something new. Develop a list of Hot Dresden Startups and write about them.How about posting these names and startups on a Hot Dresden Startups group on Facebook, Linkedin and Twitter? Everyone knows Germany has great engineers and wants to know about its great entrepreneurs.

“Market pull” startups funded by startups are better than “tech-push” startups funded by government (e.g. Skolkovo, Russia).  Focus on building hot startups that solve big problems or needs. Don’t waste your time chasing government or VC funding. If the startup is hot, angel investors and VCs will show up. Example: Draper “found” the former Kazaam founders, who left the U.S. after their music piracy service was shut down by lawyers, in Luxembourg and Stockholm, then invested $2M into their new Skype service.

In summary, regions and startups should be focused on markets and customers, not government subsidies for technology development, which is very common in Europe.  The best startups are very lean and capital efficient.  Their lack of money forces them to work with customers early and provide real benefits to them.  In the early stage, less is more.  As the saying goes:  “Money is a poor substitute for imagination.”

Ralf Lippold replies:  Some names that come to mind are Wadim Sus Low Matthias Röder Matthias PinkertIan Whalen Rainer Wasserfuhr. Some startups worthwhile watching (locally and globally) based in Dresden areHeliatek GmbH Novaled Paulsberg. A former power plant as the platform for accelerated art, and technology startup creation in Dresden? Certainly, and information technology, and free Wifi could even more so accelerate it right here in the middle of town. cc Dirk Hilbert Bettina Bunge

Is College Overrated?

The New York Times just ran an article where college dropouts starting companies challenge the value of college.

As a college grad and serial entrepreneur (8th and 9th underway), what do I think?  Should young people ditch college to start their ventures?

Yes, if you have tested a prototype product or service with customers and are getting some positive response, I believe by all means that you should drop out and try building your venture.  In the mid-1980s, Michael Dell called me from his dorm at U. Texas Austin just as he was dropping out of his sophomore year to launch Dell Computer.  But Michael was no amateur; he was already generating $80,000 a month, with a 40% gross margin, so I encouraged him to jump ship.

I wrote about my amazing conversation with Michael Dell in my new e-book, “In the Valley of Digital Dreams,”

However, most young people don’t have proven businesses like Michael.  Should you still try?  Yes, but you should probably stay in school while developing your prototype so you can get constant feedback from other students, friends and their families.  As Mark Zuckerberg and Dell learned, college is a great testbed for startups.  And you’re more likely to succeed selling to your generation than older people.

Given the high cost and fierce competition to get into top colleges, I believe you shouldn’t attend if you don’t want to be in class.  Save the space for a more driven student.  If your startup fails, you can always attend or go back to college, a lot wiser and knowledgeable than your classmates, and you can always try again.  If you decide to go to college and want to be an entrepreneur, save money by enrolling in a local community college to get your basic education, then transfer to a local state college that has a strong department and professors in your chosen major.  You’ll save money for your startup and you can still get a good education if you choose properly.  Given a choice, try to major in a STEM (science, technology, engineering, math) subject and credentialed programs so you have practical, hands-on skills that will enable you to get a job.  Paying your bills while building your startup is probably the biggest challenge for entrepreneurs.  Even part-time work can buy you the time, usually years, required to launch a sustainable startup company.

Entrepreneurship is a mindset, a process, an education and a lifestyle, not a destination.  Approach it like learning to play a music instrument and you’ll enjoy the process.  And perhaps someday you’ll make it to the business equivalent of Carnegie Hall if you practice and work hard enough for at least 10,000 hours.

P.S.  A Bunch Of Students Think They Have Found The Next Mark Zuckerberg via @sai

Beyond the PC Cliff

Recently, Dell, HP, Intel and AMD announced lower earnings due to slumping PC sales.  Will this PC slowdown be gradual or abrupt?  As the title suggests, I think it will be a sudden cliff, with PC hardware, chipmakers and software vendors all toppling over together due to the rise of smartphones and tablets.

Where is the tech industry going?  Recently, I posted “Beyond the PC Cliff” on my friend’s blog, which explores some of the emerging trends and industries coming — the Next New Things:  :!blog/csdn

What new business opportunities do you see in the next few years?

For ideas, see the “Saving Intel” chapter in my new e-book:

Can Intel Recover?

Intel and other PC-related companies face a “PC cliff” during the coming years as the iPad and tablets undercut PC sales.  With PC microprocessor sales declining, can Intel find another cash cow to drive its next generation of processors?

An Intel researcher said the company is focused on the “Internet of things” — embedding processors into everyday objects that Intel forecasts will reach billions of units a year.  My friend said that Intel has pretty much written off tablets and smartphones, which are dominated by ARM and Qualcomm.  Can Intel make the shift to machine-to-machine (M2M) businesses? And will the profit margins be enough to sustain its staffing, factories and overhead?  That’s the biggest question facing the valley now.

In 1985, I advised Intel to drop its memory business, which it had lost to Japan, and shift to PC microprocessors, which I wrote about in the chapter “Saving Intel” in my new e-book, “In the Valley of Digital Dreams.”   For a copy, check out Barnes & Noble:

Silicon Valley Boom Moves to “The Golden Triangle”

Office space has become scarce on the peninsula between Cupertino and Menlo Park so tech companies are expanding into the “Golden Triangle” in North San Jose between highways 101, 880 and 237. This are is the #1 job creation spot in the U.S. at the moment.

This growth will create many opportunities for entrepreneurs, service providers and realtors in the coming years. SVGN is located in the eye of the hurricane so I encourage members to meet often in order to share resources and open doors for each other. After all, good karma is the fastest way to growth, both personal and commercial.

European Startups Expanding into Silicon Valley

Spanish startups at 1 Market Street Annex, 5th FL, San Francisco

Due to Europe’s Recession, European startups and incubators/accelerators are touring San Francisco and Silicon Valley to learn how to succeed here.  Their biggest challenges?  The speed and intense competitiveness, overcoming their modesty, finding strong marketing/sales people, overcoming visa hassles, and validating their business models so they can raise angel/VC funding.

Within the last few weeks, I’ve been communicating with northern European countries:

– Norway Innovation brought a group of a dozen entrepreneurs to visit SF and Silicon Valley incubators, events and startups.  Norway has too much oil money so people prefer to stay with big oil/gas companies, not take risks with startups, but local governments and incubators are encouraging them to diversify into Internet and cleantech.  Bringing in European tech talent and funding local women would untap new business opportunities.  see:,

– Dresden’s Ralf Lippold is organizing venture groups to create the Lockschuppen incubator in a former railway station. The group will host an Entrepreneurship workshop on Sept. 21-23, 2012.

– Finland:  Nokia is laying off and struggling to find a new business model, as is Finland, which has Rovio, the creator of the “Angry Birds” game, as its new national champion.  My friend Meeli Koivo is working with the City of Tampere on a Smart Glass Project, which could be a new display industry.

– Sweden:   Stockholm is now one of the top entrepreneurial centers in Europe.  On September 12th, the Swedish American Chamber of Commerce will hold the first of its workshop series in Mountain View, CA.  Stockholm School for Enterpreneurial Studies (SSES), a joint university program, will hold its annual event, “Good Morning 2012”, with TiE Nordic at the Grand Hotel in Stockholm, Nov 16 2012.

– Denmark’s Milestone Systems will open a new office in Silicon Valley,

Silicon Vikings (, as well as France, Italy, and Spain, are expanding their activities in Silicon Valley so I expect to see a slew of new startups, tours and incubators/accelerators.

Silicon Valley Expanding

Silicon Valley’s tech boom is driving companies to move outward from ground zero — “Appleville” in Cupertino, “Googleville” in Mountain View, and “Facebookville” in Menlo Park — north to San Francisco, south to Sunnyvale and San Jose, and east to Oakland, Fremont and Milpitas.  Like an amoeba, the valley is engulfing the entire San Francisco Bay Area.  Technology is the New Economy.  Only high-value innovation can create enough jobs for the U.S.

What does this all mean?  Having grown up in San Jose and witnessed Silicon Valley’s growth, here’s my outlook for the next few years:

– Rapid expansion into Sunnyvale, Santa Clara, San Jose, Milpitas, Fremont, Hayward, and Dublin, with dot.boom-like traffic congestion and a shift to more public transit, in-fill development, cycling, walking, telecommuting, and mobile offices.  The Bay Area will operate more like Tokyo on a city level.

– The Sharing Economy is emerging fast due to high un/underemployment, high living costs, denser living quarters, and a preference for experiences instead of products.  Cars, apartments, homes, equipment, etc. will be shared through online exchanges and collectives.  Sharing will lead to more community and mobility as people are tied down with fewer objects.

– The mobile office (see photo) is the new workplace.  Bay Area tech workers are using more bicycles, backpacks and purse offices to manage their work 24×7.   Geek Chic is the new fashion style.


– Global lifestyles in the past were about jet-setting.  Now it’s about working 24×7 with colleagues scattered around the world.  No rest for the weary!   The only way to survive a round-the-clock work schedule is to take naps, meditate and walks when you have free time.  I find walking around town and cycling up the gorgeous Los Gatos Trail Creek respite from sitting in front of a computer.

As I rediscover Silicon Valley, I’ll write more “from the front.”  Let me know what intrigues you.  What questions and issues would you like me to address?   Let me know so I can keep my eyes and ears open for the Next New Thing.