Let's Just Make the Startup-Coffee Shop Thing Official
Steve Poland
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Let's Just Make the Startup-Coffee Shop Thing Official
via Technology : The Atlantic by Alexis Madrigal on 2/23/11
A new coffee shop in San Francisco's Mission District isn't just the unofficial workspace for dozens of startups like the rest of the city's coffee joints, it was designed to cater to their needs.
Summit, which opened late last year, has dedicated office space above its airy (and awesome) ground floor. The San Francisco Chronicle explains this unique situation:
> Created by i/o Ventures, a Bay Area startup accelerator comprising former executives from MySpace, Yahoo, and file-sharing site BitTorrent, the Summit is equal parts Bell Labs and Central Perk - and probably the country's first official coffeehouse tech incubator.
>
> Every four months, i/o selects and funds a handful of small tech ventures to the tune of $25,000 each in return for 8 percent of common stock. In addition to the cash, each team gets four months of office space at the Summit, mentoring from Web gurus like Russel Simmons of Yelp, and discounts on all the Pickle & Cheese Plates or White Snow Peony Tea they could possibly need.
The coffee shop is also "experimenting" with a more conventional co-working space pricing plan in which you'd pay a $250 membership fee and $500 a month for a dedicated desk.
As someone who has worked from home in San Francisco, Summit's opening has got to be a welcome phenomenon. While it's located just a couple blocks from two of the world's best coffee shops (Ritual and Four Barrel), neither of those two places has been too work-friendly. Ritual removed almost all of its outlets to keep nerds from staying and Four Barrel actively discourages using a computer. For my money, the best work environment in the city has long been Coffee Bar, which has copious amounts of daylight and electrical outlets -- and also sells beer, for a smooth work to afterwork transition.
But within the tiny world that is the Mission, with its legions of hipsters and AppleGoogleFacebook employees, Coffee Bar is located way far away from Summit in the northeastern part of the neighborhood. Summit sits on the west side of the Mission and right in the middle of the Valencia corridor, which is one of the best neighborhoods for a 20/30-something in America. (For years, I lived at 25th and Valencia, so you could say I'm a partisan, but I'm also right.)
The national-level takeaway here, though, is interesting. Some Bay Area cultural ideas multiply and conquer (Alice Waters-type food, the Internet) while others can't get a foothold outside the specific configurations of the region. Are we going to see Summit-type coffee shop/offices springing up in New York, Portland, Austin, Seattle, Los Angeles, and Boston?
I don't know. This one smells uniquely San Franciscan to me because it's a place that's "laid back," but in which people work at all hours of the day and night.
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