Kyle Creason | Seven Days | Vermont's Independent Voice

Kyle Creason 
Member since Jan 17, 2019


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Re: “Trey Pecor Made Millions on Burlington Telecom. Now He's Giving Back

The man loaned the city $6 million dollars when a bank would not touch it because the Progressive mayor Bob Kiss and his right hand man Jonathan Leopold illegally stole $17 million tax payer dollars from the city in an attempt to prop up the historically mismanaged BT. And your vitriol is directed at him? How about direct some of your self-righteous indignation where it belongs, straight at Progressive mayor Bob Kiss and the people who elected him. BT is not even the worst of his sins. Ever heard of the $55 million deficit in the city's pension funds? Thanks Bob and Progressive voters. The future citizens of Burlington get to roll that boulder up a hill for many decades to come. $5 million is chump change compared to the tens of millions that were diverted and squandered by Burlington's fiscally-illiterate Prog leaders. But let's attack those that were willing to bail them out. Typical.

52 likes, 22 dislikes
Posted by Kyle Creason on 04/09/2019 at 1:01 AM

Re: “Hello, Hula: Can Russ Scully Create a Lakeside Tech Scene?

In the 40s and 50s, following World War 2, the US government began funding Stanford engineers to research weapons technology. Fred Terman, dean of engineering at Stanford, encouraged graduate students and professors to spin their research into start-ups that sold their products to defense contractors. The first initial public offering out of Silicon Valley was in 1956 for a company called Varian, which sold microwave tubes for military applications.

All of that DoD money gave birth to Fairchild, Intel, Advanced Micro Devices and other companies that made the silicon chips that put Silicon Valley on the map. Today that technology powers every computing device you have.

And here in Burlington one trust fund surfer and a company that makes websites to sell cars makes people proclaim that we are at all like Silicon Valley?

Mkay.

Here are some current figures regarding Silicon Valley.

The San Francisco Bay Area has the largest concentration of high-tech companies in the United States, at 387,000 high-tech jobs.

In 2015, about 50% of total venture capital funding in the USA happened in the Silicon Valley and San Fransisco area. About 51 new tech companies are launched every month in the San Francisco Bay area.

The amount of Venture Capital money invested in the San Francisco area reached a record high of $27.5 billion in 2018, up from the previous high of $26.5 billion in 2015.

The entire Vermont state budget is $6 billion.

I think what Mr. Scully is dropping his money into is great, except for making Blodgett beach an exclusive, over-priced, walled-off enclave. But please stop the mind-numbing, over-the-top hyperbole comparing this area to Silicon Valley. Thank you.

11 likes, 4 dislikes
Posted by Kyle Creason on 04/09/2019 at 12:16 AM

Re: “Hello, Hula: Can Russ Scully Create a Lakeside Tech Scene?

I wish people in Burlington would stop using Silicon Valley as short hand for any local tech development. There is no threat of it becoming Silicon Valley East as I have heard numerous people proclaim. It undermines credibility.

I used to work for the Stanford School of Engineering and the Stanford Historical Society shooting interviews with many of the key players that built "Silicon Valley." They were the most remarkable group of men and women, now mostly in their 70's, 80's and 90's.

There are (at least) 7 factors that underlie Silicon Valley's success that are not replicable in a place like Vermont or almost anywhere else in the world.

1. Multiple world class universities

2. Rich engineering tradition

3. Deep talent, especially technical, partly thanks to the universities, partly thanks to migration and immigration of many of the world's brightest and best educated people.

4. Cross fertilization between universities and tech talent, and a support system ("soft infrastructure") for entrepreneurs: universities, angel investors and VCs, lawyers (and the legal system), bankers, accountants, landlords, head hunters

5. Culture. Risk taking (as compared to risk-averse New England) and failure tolerance (as compared to China's culture of ostracizing those who fail).

but most important,

7. the US Department of Defense funding development of most of what is driving the technology that we use today. For example, Fairchild Semiconductor, considered the pioneer start-up of todays Silicon Valley, won its first business through military contracts, building chips that helped send American astronauts to the moon, and helped build missiles that armed the US in the Cold War.

9 likes, 0 dislikes
Posted by Kyle Creason on 04/09/2019 at 12:11 AM

Re: “Burton Plans Entertainment Hub at Its Burlington Campus

The neighborhood street Home Avenue is currently used as a truck route and commuter artery into Burlington with rush hour traffic jams every evening and endless speeding traffic until late at night. It was never built to handle the current traffic loads and the noise, pollution and general stress that comes from living 15 feet from what is essentially a highway, but was built to be a neighborhood street, creates massive negative health impacts on the families that live there.

The lack of progress on the Champlain Parkway and the resulting negative heath impacts on residents of the Home, Pine and Flynn Ave. neighborhoods, as well as students of Champlain Elementary, should be a scandal. The city and state know this and yet we get never-ending foot dragging and litigation. The parkway should already be built allowing for re-development and creative growth in the South End, but instead we get endless litigation and excuses.

If a concert venue is built at the end of Home Avenue adding to the traffic noise and pollution before the Champlain Parkway is built, there will be civil unrest in the South End.

2 likes, 1 dislike
Posted by Kyle Creason on 01/17/2019 at 12:05 PM

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