Midwest venture capital?
Today in a parking lot in Ann Arbor someone talked to me about his startup. He said it had been mentioned by TechCrunch, by Michael Arrington himself. He was clearly very excited about the mention. But he also said that he was worried about finding funding in the Midwest. “We’re so behind here!” he said. He looked a little frantic.
There’s a Google office in Ann Arbor, and thanks to Ed Vielmetti there’s a vibrant tech meetup. So if you are a VC consider Ann Arbor. There are people here who are ready to pitch to you. (For all I know, there are zillions of VCs in Ann Arbor. But my new parking lot friend didn’t seem to think so.)
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Your newfound friend was probably analyzing the state of VC in the Midwest as compared to Palo Alto or Boston. But then, hardly anything compares to the two coastal hot spots. And what about the cost of living? I, too, would love a perfect world of Midwest cost of living with coastal VC!
I don’t know much about VC in Ann Arbor, but I know a little about it in Indy… And it could be worse!