What does it take for the companies around DC start thinking of innovation as opposed to just milking the Government?

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asked by Elias Shams over 2 years ago

Startups Tech - Cloud Computing Tech - Green Tech - Hardware Tech - Software Tech - Security Tech - VoIP Business

Washington, D.C. has the money, we have the top universities, we have smart coders spin off the AOL, we are recession-proof, we have ton of smart tech people in the region…We have all these, but why the hell have we been struggling to position Washington, D.C. as a technology hub? Although, we have Clearspring, OPower, LivingSocial, ComScore, Micros Systems, PointAbout, and of course awesomize.me :-) , but will they be able to position DC like the way Google, Facebook, and others defined Silicon Valley? more here: http://t.co/wMAED9Z

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Atefeh Yazdi

Answered Thu 10 Mar 2011, at 10:02AM

Incentives seem to do the trick in many cases so perhaps offering incentives to companies around DC will get them headed in that direction and think what will work for and strengthen the community and rebuild our economy. With so much dependent upon technology it is imperative that DC position itself as a tech hub. Whatever it takes from brains to money, DC has it. Hopefully it's sooner, rather than later, that we see companies in the DC area make changes and get proactive about it becoming a tech hub and not just a political arena/hub...

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Michael Donovan

Answered Thu 10 Mar 2011, at 10:26AM

I think you have to take a broader view of the situation. Silicon valley is looking for ways to affect the consumer/corporate markets and have little interest in the government market, so IT investments are targeted towards success in that context. DC is "recession-proof" because it is focused on the government as the market with little focus on the consumer/corporate market, so investment is made based on the likelihood of success there. While DC has a fantastic talent pool, to be a startup focused on the consumer/corporate market here, you have to look for investment from elsewhere, using th e strong talent pool as part of your business plan... (more)

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Aleksander Uzunov

Answered Thu 10 Mar 2011, at 09:59AM

Why people no longer dream...?

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Atefeh Yazdi

Answered Tue 15 Mar 2011, at 07:18PM

I'm with Ann. I'm Persian and would LOVE to join in! I think that would be awesome :) Let's collaborate :)))

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Natalya Kurochkina

Answered Tue 15 Mar 2011, at 06:10PM

I think it's a great question! Does it happen partially because of proximity to "270 technology corridor"? DC definitely has its own potential but it needs a lot of work to realize this potential.

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About Me: I have been a serial entrepreneur in telecom and social media space for past 12 years or so. I hold a M.S. degree in Telecommunication Engineering... more

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