Minnesota is Risk Averse
From the Strib’s Patent Pending blog, Philip Wright, managing partner of Eden Prairie-based BrokerBank Securities Inc., says:
The State of Minnesota is sorely missing risk-takers these days. Innovation is there, but the financiers want surethings and vc’s are usually owned by very conservative investors with limited time horizons.
@GraemeThickins summing up the MinneBar panel “State of the State: Technology in Minnesota” (full audio):
[W]e’re too risk-averse here…knock down those tendencies, let’s go!
We’re hella smart and talent-rich, but we need to grow an entrepreneurial pair.
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Booyah!