In mature ecosystems like Silicon Valley, there is just so much entrepreneurial activity that it often becomes hard to distinguish signal from noise. In an emerging ecosystem, there is a different problem, perhaps too many fears and failures that prevent someone from recognizing a signal for what it is. Enter the role of social capital ie validation from someone else that what you are saying or doing has merit. As much as we may want our ideas or work to stand for themselves, the truth is most of us, most of the time will need help to advance our causes…....
Startups, VCs and Social Capital
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