Why did you start your business in North Carolina?
I had a 20+ year career in Silicon Valley in the semiconductor business before moving to the Triangle in 2000. My family and I were attracted to the quality of life and educational opportunities here, and I also liked that there is an interesting tech startup community. I got involved with the startup community through CED and other events in the area, and began to make angel investments and advising promising tech startups here.
What is the best part about running your business in your community?
One of the best things about the Triangle now is the many startup community events and resources we have here. Every month there are a variety of conferences, educational events, meetups, and networking events that make it easy to get involved with the startup community and get to know the great people we have working on interesting startups in the area. We also have tons of great startup resources like American Underground, HQ Raleigh, The Frontier, CED, First Flight and others that provide all kinds of useful mentoring and services. We have many experienced legal and accounting service providers that can help startups, and we have an active community press including WRALTechwire, Triangle Business Journal, and ExitEvent.com that keep everyone informed about what is going on in the startup community here. We also have a business friendly government regulation and tax structure here compared to other high tax states.
What do you believe your North Carolina community has that other startup hubs can’t offer?
Cooperation! The Triangle is a very friendly and cooperative environment for startups, unlike the cutthroat competition in Silicon Valley and other hubs. Here everyone is willing to help and mentor each other with good ideas and support. We are lucky to have this culture going here.
In 3 words, how would you describe the entrepreneurial culture in NC?
Cooperative • Innovative • Optimistic