Venture Capital

Venture Capital

by Mike Masnick




With College Football Already Dominated, Big 12 Looks To VC

from the nice-try dept

Over the years, we've heard of plenty of places trying to become the "Silicon Valley of Whereversville," without much success. Part of the problem is that you need to create the full ecosystem that makes Silicon Valley function (if you can call it functioning). Most people recognize that often involves both a local university and plenty of venture capital dollars. So, if you have the university, how would you go about attracting that VC money? It seems that the colleges of the Big 12 have decided the answer is with what they may be best known for: their college football teams. They're setting up a conference for venture capitalist timed to coincide with the Big 12 championship football game in Kansas City. Not exactly known as a hotbed of innovation (though, perhaps that's the point), it seems that these schools are recognizing that they need to bribe VCs to come to town in the middle of December -- and college football is the best of what they have to offer (perhaps if they throw in some local BBQ it would seal the deal). The plan has obviously been well-thought out: "Most people in business who make money like sports, so we're going to find out if this works." Now that sounds like confidence.

13 Comments | Leave a Comment..

 
 

Reader Comments

(Flattened / Threaded)

    Jul 19th, 2006 @ 3:32pm
  • by UhHuh

    In for the FIRST POST!

    (reply to this comment) (link to this comment)

  • Jul 19th, 2006 @ 3:47pm
  • by Anonymous Coward

    Yeah,

    What he ^ said!

    Word up!

    (reply to this comment) (link to this comment)

  • Jul 19th, 2006 @ 4:08pm
  • by Anonymous Coward

    Why can't I ever get the first post in?

    Boogers.

    (reply to this comment) (link to this comment)

  • Jul 19th, 2006 @ 5:31pm
  • by anon

    do you guys have nothing better to do than get the first post? i mean comon

    (reply to this comment) (link to this comment)

  • Jul 19th, 2006 @ 8:21pm
  • big 12 college football

    by nonuser

    That's just what comes to mind when I think of champions of risky, imaginative, blue sky, out of the box type thinking.

    Not.

    (reply to this comment) (link to this comment)

  • Jul 19th, 2006 @ 9:01pm
  • VC and The Big 12

    by The Toe

    I've been to a few Big 12 Championship games in Houston and KC. Doing something at the games to attract VC money is an innovative approach. Think about 12 major universities alumni with money to throw around. Why not do what you can to intice them to put it with someone they know. These schools my be on on the fringe of fly over country but they are on the leading edge of fund raising. Good for them.

    (reply to this comment) (link to this comment)

  • Jul 19th, 2006 @ 9:22pm
  • Notre Dame is a huge contributor.

    by Andrew Strasser

    Notre Dame has long been known for bringing money to this town. College football is like "THE" thing in our town. We have our other hotspots, like the College Football Hall of Fame, Studebaker Museums, and the fourth largest man made rapids in the world along our river. No matter what though everyone seems to know Notre Dame. It's like a Catholic Mecca around here, not sure how it's regarded elsewhere.

    (reply to this comment) (link to this comment)

  • Jul 20th, 2006 @ 6:46am
  • by Sanguine Dream

    Thats really not a bad idea. It is true that lot's of big spenders are in to sports. Add that to rich alumni and the money made from just appearing in a bowl and you could do a town a lot of good. Let's just hope that the money goes to the right places.

    This whole first post thing is getting out of hand. It wasn't til the 6th post before the discussion started. I started posting here to get away from elitist childishness at slashdot. Looks like it may be time to move on elsewhere. Isn't there a way to delete the "first posts"?

    (reply to this comment) (link to this comment)

  • Jul 20th, 2006 @ 7:31am
  • Bad idea??? Bah...

    Now, to get that VC look on, and go get me some free BBQ baby!! Gooood stuffff!

    (reply to this comment) (link to this comment)

  • Jul 20th, 2006 @ 8:49am
  • by Anonymous Coward

    Texas did this last year for Ohio v Texas. Texans don't want to go to Ohio in the fall.

    (reply to this comment) (link to this comment)

  • Oct 22nd, 2006 @ 7:13am
  • Big12 championship games

    I have been to a few Big12 championship games in Houston city and KC, doing something at the games to attract VC money is an inovative approach. Think about 12 major university alumni with money to throw around. Why not do what you can to intice them to put it with someone they know.

    (reply to this comment) (link to this comment)

  • May 3rd, 2007 @ 9:55am
  • by Anonymous Coward

    fuck you bitches

    (reply to this comment) (link to this comment)

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