Entrepreneur

The Simple Trick to Winning Funding From Midwestern VCs

Warning: There are funding quirks in flyover country.
Source: Shutterstock

Say you’re a shiny startup launching in an emerging -- perhaps in Detroit, Chicago or Cleveland. Congrats! You have access to great research institutions, an educated workforce and an astoundingly low cost of living and wages relative to the coasts.

You’re reading a preview, subscribe to read more.

More from Entrepreneur

Entrepreneur2 min read
Make A Million Dollars In A Weekend?
Noah Kagan was the 30th employee at Facebook, the fourth employee at mint.com, and has started many successful businesses of his own. Now, his company AppSumo does nearly $100 million in annual revenue. Along the journey, he says he’s discovered some
Entrepreneur2 min read
Which Fridge Would You Eat From?
Will people buy cheap food to help save the planet? The answer is yes—and no. This was the idea behind Flashfood, an app-based marketplace that aims to divert food away from landfills, and to families in need. It collects food nearing its best-by dat
Entrepreneur3 min read
The Million-dollar Meeting
Want to meet the people who can accelerate your growth? You might need to make $1 million in revenue first. “I think there’s something magical about a million dollars in terms of just showing progress and scalability of the business,” says Laura Held

Related Books & Audiobooks