THECUBE went across the pond to look at some spaces, meet people, and generally observe the enterprise sector of NYC. We have been amazed by how open and willing people have been to speak about their experience post financial crash as well as what they are doing to make things different. There was a resounding sense urgency and a recognition that there has been a permanent change in the way people do business in NYC.
We also observed the contrasts between NYC and London, which we feel are incredibly complimentary. For instance, London entrepreneurs value ideas more and are more patient in growing their idea at an organic pace. The ideas are imediate and need little investment, which is a positive as they are reaching economic stability quicker due to low overheads and simple implementation processes. In contrast NYC entreprenuers are launching business rockets, which is great for momentum and striking gold, however it does mean more scraped knees. These rockest are expensive and they need venture capatilism, staffing, and resources, which means that they will be able to provide a great contrast to ideas being developed in THECUBE space in London.
It will be really interesting to see how the two cities collaborate and learn from each other. Our next step is to protoype the space in November by creating a pop-up version, showcasing Idea Engineering and the talent of our members. If you have ideas or would like to get involved, please get in touch.
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