Re:The University of Illinois’ Startup Ecosystem
by joezydeco on Friday September 04, 2015 @09:39AM
(#10170276)
I for one would love to see a viable tech community emerge in Chicago
Well, we all would. The fact that Chicago is building things like 1871 and UILabs shows they want the image of being a vibrant startup-friendly community but we all know what the true reality is.
Northern Illinois has a extremely valuable legacy in tech, especially in the bio and manufacturing sectors. Think of Motorola, Bell Labs, Teletype, Abbott, Baxter, Sundstrand, ITW, Zenith, Bally, Kraft, Caterpillar, CME, Molex... there's a huge list. But that legacy isn't what's hot and cool with the VC community. Chicago's modus operandi is about going heads-down and getting shit done. But that isn't what's hot and cool with the VC community either.
Well, we all would. The fact that Chicago is building things like 1871 and UILabs shows they want the image of being a vibrant startup-friendly community but we all know what the true reality is.
Northern Illinois has a extremely valuable legacy in tech, especially in the bio and manufacturing sectors. Think of Motorola, Bell Labs, Teletype, Abbott, Baxter, Sundstrand, ITW, Zenith, Bally, Kraft, Caterpillar, CME, Molex... there's a huge list. But that legacy isn't what's hot and cool with the VC community. Chicago's modus operandi is about going heads-down and getting shit done. But that isn't what's hot and cool with the VC community either.