A timely snapshot, via Sim Simeonov
There's a cultural revolution afoot in the Boston innovation economy.
One culture is dying out, and another kind of culture is emerging.
The old culture was clubby and insular. To get funding, you had to know someone who knew someone at one of the venture capital firms perched high atop Mount Money in Waltham. To get anywhere, it helped if you'd already had one or two successes on your résumé.
The new culture is open, fast-paced, and encouraging of first-time entrepreneurs. It's about blogging and tweeting and digitized networks of people sharing information about what they're interested in, and where they're investing. It's about informal "unconferences" popping up to discuss the latest tech trend. It's populated by people who see the value in having broad networks of friends and acquaintances across lots of companies.