David Hyman is that rare thing: a successful serial entrepreneur who is committed to Berkeley. And he wants people to audition for his new start-up.
What makes a city a magnet for startups? Why do entrepreneurs and financiers flock to the South Bay even though there are so few good places to eat there? Does Berkeley want to be Silicon Valley anyway? (You can guess the answer to that one.) Maybe Berkeley is just not hip enough to attract young talent? Does the city’s red tape makes it too cumbersome to be innovative? And, perhaps most significantly, is there just too much distrust of businesses as they thrive and grow? Perhaps Berkeley should focus on what it already does well: incubating startups then allowing them to fly to pastures new, be that San Francisco or Palo Alto.
For several decades, Berkeley — and the East Bay more generally — has looked longingly at the vibrant enterprise and job creation on the Peninsula and in the South Bay. Why can’t Silicon Valley spread its secret sauce across the Bay?
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