The Entrepreneurship Evangelist

Immigrant are now behind 52% of all Silicon Valley start-ups.

That is powerful. It is also proof for anyone doubting the importance of immigration and diversity for the success a capitalist economy. This same study reports that immigrants are also behind 25% of all US high tech start-ups.

Simply put, Freedom of Ideas, Mobile Capital, Mobile Labor (within and across borders) are key for wealth creation, wealth redistribution, employment, high tax bases, innovation, value for customer and value for society.

I touch on a few related point at terrencebrown.net.

I just got back from Austin, Texas. I mentored and prepared two of my students, Gary MacRitchie and Emanuel Fratini for the University of Texas, Idea to Product Global Competition.They came in second in the Kelleher Chair for Entrepreneurship Division.

Gary and Emanuel have developed a consensual marketing solution using bluetooth. With the boost from the competition, I expect the business built around this technology - Thirty Three Feet - to continue to develop. Congratulations Gary and Emanuel.

Tomorrow I am one of the keynote speakers at the Venture Cup 2006 Kick Off event. I will announce the formal naming of my crusade to spread entrepreneurship far a wide.