MIT Media Lab director outlines tech strategy
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The Boston-Cambridge area has much more expertise in technology and innovation than the West Coast, but needs to create a “critical mass” of angel investors and venture capitalists to continue to excel, the director of the MIT Media Lab said today.
“If you bet on the right people, and you bet enough, you’ll get a hit,” said Joichi Ito, an early investor in Twitter, told nearly 200 people at a Greater Boston Chamber of Commerce breakfast at the Ritz-Carlton Hotel.
Ito said he encourages the Media Lab’s 26 faculty members and approximately 150 students to “try something that works in Continue reading >>>