2011 SV Trek Review: the Bay Area is a thriving entrepreneurial community
by Torsten Wolter  on Wed 20 Apr - 0 Comments
Categories: Career Trek Blogs

My major personal insight was just how much more alive the entrepreneurship community is in the Bay Area compared to London. While this in itself is not a surprise the magnitude to which this is true, however, is. While my impression of London is that it is first and foremost a financial center so is the Bay Area a center for entrepreneurship. There seems to be an abundance of talent, funding, ideas and risk-taker mentality.

https://clubs.london.edu/upload/image_69098_66699aac31479a44373c9e6cd8c4d11f.png

 Perhaps the best illustration of this was given by Randy Komisar from Kleiner Perkins: While someone  who has failed as an entrepreneur 3 times is more likely to receive funding for his idea in the Bay Area  (because he is worth more than before failing 3 times) the opposite is true for Europe in general and for  Germany (where I’m from) in particular. If someone fails just once as an entrepreneur in Germany  chances are it’s the end of his or her career.

 The Silicon Valley Trek definitely changed my perspective on the MBA. While I focused from the start on  the academics as a means of providing me with an improved skillset for further entrepreneurial ventures  my focus has specified into “getting a foot in the door” in the Bay Area with the ultimate goal of starting a  successful company there.

https://clubs.london.edu/upload/image_69098_0308e65ac009d8a355dbc5852a6ec6fe.png (Andreu with the Nintedo 3DS, which was due to launch at the end of the week)


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