Minneapolis Metblogs » Minnesota is Risk Averse

Minnesota is Risk Averse

Posted By Erica M On May 14, 2008 @ 3:29 pm In Business | Comments Disabled

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. ^[1] 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 ^[2]):

[W]e’re too risk-averse here ^[3]…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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URLs in this post:

[1] The State of Minnesota is sorely missing risk-takers these days.: http://ww3.startribune.com/blogs/pending/2008/04/21/and-now-a-word-from-mr-wright/

[2] full audio: http://minnov8.com/2008/05/11/minnebar-panel/

[3] [W]e’re too risk-averse here: http://twitter.com/GraemeThickins/statuses/808124967

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