Place for people who love startups to hang out and meet
Informal gathering time & place for New Mexico entrepreneurs, inventors, venture capitalists, angel investors, and others interested and involved in entrepreneurship and commercializing technology.
Location: Santa Fe, NM, USA
Members: 66
Latest Activity: Jul 7, 2014
Started by Bonn Macy. Last reply by Bonn Macy Jul 7, 2014.
Started by Bonn Macy Jun 1, 2014.
Started by Bonn Macy Feb 18, 2013.
Great Open Coffee event at the Santa Fe Business Incubator on past Thursday; several new attendees and a great location. Thanks again to Marie and her SF Business Incubator team and Shandra and Kim from NNM Connect.
Stephen Lee and I have teamed up to relaunch Open Coffee Albuquerque, with events planned for the third Thursday of every even month at the WESST Center. Check (and join) Albuquerque Open Coffee for updates.
Mark your calendars for Thursday, March 17th for an Open Coffee at the Santa Fe Incubator. We'll begin at 9:30 AM and end at 11:30 AM.
Several Open Coffee members have asked to introduce themselves to the group for 1-2 minutes when the meeting begins, so their networking could be more targeted.
Our mantra has always been to keep things informal and rely on serendipity, so I welcome your thoughts about this potential change to our format..
I agree with John -- of the many different kinds of entrepreneur groups I've attended through the years, I suppose numbering in the hundreds now, the most valuable are those that provide the deepest amount of business intelligence and introductions based on that intel, which begins with a short intro. In fact well targeted introductions are one of the best methods I have observed in testing the relative health of regions for entrepreneurs-- Silicon Valley for example has become much less functional relative to the world, as has Seattle -- San Diego Connect is still working fairly well, and Austin seems to be functioning. Those with strings tied tend not to do well (gatekeeper model)-- those who introduce freely tend to function better. So that's why these types of groups serve a valuable purpose.
Unfortunately, while informal gatherings and meeting places are enjoyable, and much better than not having them, they have never been of much value to my businesses other than for sales in larger markets where buyers are present. Serendipity is a wonderful thing, and welcome-- I recall Les Vasdasz among others often telling me he'd much rather be lucky than smart-- but not terribly dependable in business. Intel certainly has never relied on serendipity for itself, but does champion it for others, often to gain .... intel.
It has always seemed to me that if we truly care about our communities, we'd want them to be competitive. For small markets like NM where the largest entities (labs, gov't) are essentially prohibited from serving as the HP in SV in the past, Dell in Austin, or Boeing in Seattle where the roots of countless companies can be traced to the initial customer at a corp headquarters... much more is needed, and probably different methods. Some of us have so observed worldwide.
NM has had plenty of time to experiment with quite a few models--I followed it closely and was engaged in some dating back to mid-90s-- have not worked terribly well, so I suspect that it's time for NM to follow what has proven to work elsewhere, and adopt a much more business oriented culture. As I was reminded in an article this morning from one of my favorites-- Drucker often drove the point home that successful businesses adopt an innovation strategy that attempts to deliver what customers want, where research tends to deliver what researchers and/or sponsors think customers want. That simplistic message explains a great deal about tech transfer in the U.S. today.
Without a stronger business culture and models based on go-to-market, instead of basic R&D, it's unlikely any of us will be able to help much other than perhaps on a case by case basis-- usually tech transfer/licensing/trade sales.
Since moving here 2 years ago and covering NM with our VC firm a decade ago, I have often heard the attempt to model NM after NC. I have examined that closely and in my view NM may borrow a little from the triangle, but the arguments I've heard miss a great deal.
To your success. .02--MM
Aug, 2012. Santa Fe Business Incubator is delighted to work with the New Mexico Tech Council to host Open Coffee in Santa Fe. This month's Open Coffee is co-sponsored with New Mexico Angels. Looking forward to meeting new people and learning what the Angels and the venture community are up to. See you on Aug 22nd at the Santa Fe Business Incubator!
Is there a regular meeting date for the Coffee Club - ? If not, more lead time between announcement and meeting date would be helpful.
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