Comments on: Why Seed Funding Isn’t a Regional Business http://jasonlbaptiste.com/venture-capital/seed-funding-regional-business/ Thu, 09 Sep 2010 08:25:11 +0000 hourly 1 http://wordpress.org/?v=3.0 By: chrisduesing http://jasonlbaptiste.com/venture-capital/seed-funding-regional-business/comment-page-1/#comment-144 chrisduesing Sun, 02 Aug 2009 08:47:09 +0000 http://jasonlbaptiste.com/?p=206#comment-144 I do not agree that regions outside of Silicon Valley cannot support seed funds, Angels, VCs etc. I cannot speak for Miami, but here in Chicago I think there is plenty of Angel and VC support. There is a large pool of developers that primarily work for many of the Fortune 500 companies and the enormous financial industry. Several universities run tech incubator programs (as in life science, engineering and clean tech). In addition we have Booth and Kellog, 2 top ranked MBA programs which churn out hordes of hungry entrepreneurs. <br><br>What keeps the argument alive is more a matter of specialization. If you want to start a finance, cleantech, or other Chicago friendly industry then opportunities abound. If you want to start the next Twitter, you will probably have more luck in the Valley. I don't know if this is really a problem or not. If I want to start a social network site and raise money here I can either put together an amazingly convincing business plan and pitch a local investor, or I can head off to the Valley. It isn't ideal for me, but I don't think it supports the conclusion that funding startups ends at the California border. I do not agree that regions outside of Silicon Valley cannot support seed funds, Angels, VCs etc. I cannot speak for Miami, but here in Chicago I think there is plenty of Angel and VC support. There is a large pool of developers that primarily work for many of the Fortune 500 companies and the enormous financial industry. Several universities run tech incubator programs (as in life science, engineering and clean tech). In addition we have Booth and Kellog, 2 top ranked MBA programs which churn out hordes of hungry entrepreneurs.

What keeps the argument alive is more a matter of specialization. If you want to start a finance, cleantech, or other Chicago friendly industry then opportunities abound. If you want to start the next Twitter, you will probably have more luck in the Valley. I don't know if this is really a problem or not. If I want to start a social network site and raise money here I can either put together an amazingly convincing business plan and pitch a local investor, or I can head off to the Valley. It isn't ideal for me, but I don't think it supports the conclusion that funding startups ends at the California border.

]]> By: chrisduesing http://jasonlbaptiste.com/venture-capital/seed-funding-regional-business/comment-page-1/#comment-16 chrisduesing Sun, 02 Aug 2009 01:47:09 +0000 http://jasonlbaptiste.com/?p=206#comment-16 I do not agree that regions outside of Silicon Valley cannot support seed funds, Angels, VCs etc. I cannot speak for Miami, but here in Chicago I think there is plenty of Angel and VC support. There is a large pool of developers that primarily work for many of the Fortune 500 companies and the enormous financial industry. Several universities run tech incubator programs (as in life science, engineering and clean tech). In addition we have Booth and Kellog, 2 top ranked MBA programs which churn out hordes of hungry entrepreneurs. <br><br>What keeps the argument alive is more a matter of specialization. If you want to start a finance, cleantech, or other Chicago friendly industry then opportunities abound. If you want to start the next Twitter, you will probably have more luck in the Valley. I don't know if this is really a problem or not. If I want to start a social network site and raise money here I can either put together an amazingly convincing business plan and pitch a local investor, or I can head off to the Valley. It isn't ideal for me, but I don't think it supports the conclusion that funding startups ends at the California border. I do not agree that regions outside of Silicon Valley cannot support seed funds, Angels, VCs etc. I cannot speak for Miami, but here in Chicago I think there is plenty of Angel and VC support. There is a large pool of developers that primarily work for many of the Fortune 500 companies and the enormous financial industry. Several universities run tech incubator programs (as in life science, engineering and clean tech). In addition we have Booth and Kellog, 2 top ranked MBA programs which churn out hordes of hungry entrepreneurs.

What keeps the argument alive is more a matter of specialization. If you want to start a finance, cleantech, or other Chicago friendly industry then opportunities abound. If you want to start the next Twitter, you will probably have more luck in the Valley. I don't know if this is really a problem or not. If I want to start a social network site and raise money here I can either put together an amazingly convincing business plan and pitch a local investor, or I can head off to the Valley. It isn't ideal for me, but I don't think it supports the conclusion that funding startups ends at the California border.

]]> By: links for 2009-07-20 « Blarney Fellow http://jasonlbaptiste.com/venture-capital/seed-funding-regional-business/comment-page-1/#comment-15 links for 2009-07-20 « Blarney Fellow Tue, 21 Jul 2009 01:09:53 +0000 http://jasonlbaptiste.com/?p=206#comment-15 [...] Why Seed Funding Isn't a Regional Business | Jason L. Baptiste (tags: startup vc) [...] [...] Why Seed Funding Isn't a Regional Business | Jason L. Baptiste (tags: startup vc) [...]

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