{"id":269,"date":"2015-01-15T09:20:12","date_gmt":"2015-01-15T09:20:12","guid":{"rendered":"https:\/\/www.jobboardfinder.com\/news\/?p=269"},"modified":"2018-10-12T12:15:02","modified_gmt":"2018-10-12T10:15:02","slug":"new-zealand-the-next-silicon-valley","status":"publish","type":"post","link":"https:\/\/www.jobboardfinder.com\/news\/new-zealand-the-next-silicon-valley\/","title":{"rendered":"New Zealand: The next Silicon Valley?"},"content":{"rendered":"<p>According to two US experts, New Zealand has the right attributes to become another version of the ultra-competitive Silicon Valley \u2013 and they added that the nation is on the right path,\u00a0<em>The New Zealand Herald<\/em><em>\u00a0<\/em>reported.<\/p>\n<p>Sam Altman and Scott Nolan are seasoned employees of the world famous start-up hub: California\u2019s Silicon Valley. Altman is president of start-up accelerator Y Combinator which has funded more than 700 start-ups in the past 10 years, while Nolan is a partner of Founders Fund, a leading venture capital firm.<\/p>\n<p>Having visited New Zealand several times, they said that they believed New Zealand could grow into a global start-up hub similar to Silicon Valley, the\u00a0<em>Herald<\/em><em>\u00a0<\/em>reported.<\/p>\n<p>\u201cNew Zealand is a younger system and has more growing to do, but it seems like it&#8217;s on a trajectory from what we can tell to be [the next Silicon Valley],\u201d Altman said. \u201cWe think New Zealand has a lot of the pieces you need to make an ecosystem work \u2013 very good technical talent, a community that&#8217;s interested in start-ups, expertise in specific areas that we think are likely to create disruption, a relatively low cost of living, and if you look at the sort of things that a country needs to create a great start-up environment we think that New Zealand has a lot of those criteria.\u201d<\/p>\n<p>Nolan added that the number of start-ups based in New Zealand showed the country\u2019s strength, putting New Zealand in a position to benefit from the growing number of investors and business people from the US looking overseas for areas to invest in.<\/p>\n<p>He also told\u00a0<em>The Herald<\/em><em>\u00a0<\/em>that one of the best traits of Kiwi companies is a willingness to be open about what they are working on and collaborate within the business ecosystem \u2013 adding that many younger Silicon Valley businesses are secretive, which hinders their growth.<\/p>\n<p>Article from <a href=\"http:\/\/www.hrmonline.co.nz\/\">http:\/\/www.hrmonline.co.nz\/<\/a><\/p>\n<!-- AddThis Advanced Settings generic via filter on the_content --><!-- AddThis Share Buttons generic via filter on the_content -->","protected":false},"excerpt":{"rendered":"<p>According to two US experts, New Zealand has the right attributes to become another version of the ultra-competitive Silicon Valley \u2013 and they added that the nation is on the right path, The New Zealand Herald reported.<!-- AddThis Advanced Settings generic via filter on wp_trim_excerpt --><!-- AddThis Share Buttons generic via filter on wp_trim_excerpt --><\/p>\n","protected":false},"author":7,"featured_media":270,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[481,489],"tags":[],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v19.2 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>New Zealand: The next Silicon Valley? 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