Last year, cofounder and CEO of Optimove, a platform for analytics-driven customer marketing, Pini Yakuel moved from Tel Aviv to New York City to open his startup’s first U.S. office.
Once settled, Pini realized that the American entrepreneur culture – especially in Silicon Valley – is much more single-minded than other global markets. Venture capitalism in the U.S. narrowly defines success with a billion-dollar goal; basically, our culture tells founders “prepare to sell a billion-dollar idea or get out now.”
Pini explains that a healthy entrepreneurial ecosystem needs to support different kinds of businesses set up for long-term success.
Read more of Pini’s advice on Silicon Valley culture, and more in this edition of Founders Flash.
- The case for opting out of Silicon Valley's 'growth or die' culture (Forbes)
- Why women don’t see themselves as entrepreneurs (New York Times)
- What this Dutch entrepreneur learned by launching a washing-machine startup in India (Fast Company)
- The do's and don'ts of private equity for entrepreneurs (Entrepreneur)
- Former Facebook, Google, and IBM executives have cofounded an accelerator (Tech Co.)