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Social capital, or βnetworks of trust,β are rooted in relationships based on a common set of norms and values that bind a group of individuals together and enable them to collaborate more effectively. Networks of trust are critical in complex systems that demand high performance under fast-paced, ambiguous, and evolving conditions. Successful outcomes in military special forces, modern aviation, championship sports, and hyper-growth startups all require teamwork that is grounded in trust and a shared sense of purpose.
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β
Brad Feld (The Startup Community Way: Evolving an Entrepreneurial Ecosystem (Techstars))