There is a massive shift happening in the marketplace. What will Seattle do about it?

The Seattle startup and technology community is strong – startups with ‘repeat offender’ CEOs and business models that scale are raising capital; funding is on their side.  AR/VR, machine learning, IoT and data-driven startups dominate the marketplace.  Seattle startup and technology organizations are siloed; collaboration between organizations is still a challenge.  Information flows horizontally, but not vertically.  The CEO of the WTIA battles local startup leaders on Twitter; non-compete legislation is top of mind for many.  Who serves as the singular voice of the startup community?  The cost of living is at an all time high and parking is still a challenge.  The City of Seattle launches technology initiatives but they take time to build out and develop..

There is a new hope…

I might be exaggerating slightly, but you get my point.  And please, feel free to offer a rebuttal if you feel my overview is inaccurate or needs a revision.

As professionals, we have a tendency to be ‘heads down’, focusing on what needs to be done in order to accomplish our goals and meet milestones; coming up for air can be challenging.  As Community Manager for IBM Global Entrepreneur, I try hard to stay up-to-date on all things startup in cities like Seattle, Portland, Bend, Vancouver and Victoria – events, initiatives, collaborative efforts, Meetups, local and regional investments made by angel investors and venture capitalists.  I come up for air more frequently than a lot of folks I work with…

If you aren’t keeping up with what’s happening on ‘the other side of the water’, you should be.  The Eastside is gambling with house money and it’s about to pay off.  Big time.  Here are my reference points:

November 9th, 2015

UW and Tsinghua University announce dual degree program through the Global Innovation Exchange

June 15th, 2016

Co-Working space extraSlice creates safe haven for tech startups in Bellevue

June 16th, 2016

Report: WeWork leases large amount of space in new Bellevue Tower

August 3rd, 2016

Valve leases nine floors in planned skyscraper, more than doubling its headquarters size

August 4th, 2016

Unicorn sighting may emerge with funding for Bellevue tech startup

August 22, 2016

Startup425, an idea for the Whole Community

August 22, 2016

OneRedmond – the catalyst for making Redmond the location of choice for businesses and a vibrant community in which to live, work, and play.

Will Apple open a new office in Bellevue?  Will the next venture capital firm establish its roots in Redmond?  Which Eastside startup will reach ‘unicorn’ status next?  Will the collaborative efforts pay off?

Come up for air because there is a massive shift happening in the marketplace.  What will Seattle do about it?

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