The 200th 3 Day Startup edition was announced today at the Global Roundup. 3DS is a Friday to Sunday program with the mission to kickstart new student-run companies and build entrepreneurial capabilities in students and their university communities. The program started in 2008, in Austin, Texas, has reached 20 countries so far.
Organizers and participants from all over the world, 3DS’ers as they call themselves, met at the Global Roundup held simultaneously in Austin and Porto, Portugal.
I attended the European venue to meet with many interesting people, representing not only Porto, Coimbra and Lisbon (Portugal), but also Austin and New York (USA), Barcelona, Madrid and Vigo (Spain), Edinburgh and London (UK), Aachen, Hamburg and Berlin (Germany), Paris (France), Torino and Milano (Italy), Istanbul (Turkey) and Islamabad (Pakistan).
Some interesting ideas came up in the discussion panels, but I would like to highlight one:
Startups are born global and establish multiple locations very early. It is common to hear that some locations are better than others. And the European startup scene is obviously growing in many cities, in most of the countries. So what is the best city to grow your startup? It looks like the right answer is “several”. Get yourself located in London if you want to hustle the market. Go to Berlin to join a vibrant community or a top class accelerator. Establish yourself in Porto to find better and cheaper talent. And keep the home town base you started where you have deeper knowledge about specific details that give you a competitive advantage. So if startups are about innovation, let me tell you some established companies should have a look how those are taking advantage of Internet communications and low cost travel to establish a competitive global approach.
If you’re looking to organize a local entrepreneurship program in your city and would consider an established program and joining a global network, 3DS is looking to expand in Europe.