
@tmgracei
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Forgive me, that's my passion talkin' | Managing Director @techstars, founder @longjumpfund | 🏃♂️🏀👟
Columbus, OH
Joined May 2007
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I love all of my friends and collaborators who are laser-focused on building exceptional startup communities here in the Midwest.
BUT, I think most "flyover country vs SF/NYC" conversations and strategies are incorrectly zero sum. The framing is often "how can we be the next SF" or "how can ensure founders have no reason to leave."
I don't think this is a founder-centric POV - it's an ecosystem-centric POV. And while it's perfectly fine to aspire to offer a better experience to founders who live/work in your communities, it's not realistic in the near term to serve all of their capital, talent and customer needs.
SF/NYC will, on any reasonable time horizon worth considering today, be the center of the capital and AI talent markets. And that's great - such concentration is actually quite useful and efficient for founders everywhere.
Alternatively, there is great distribution across geographies on customer access (esp if you're not selling to other software/AI companies), specialized talent outside software engineering, and unique culture/quality of life considerations.
The reality is that these ecosystems need each other - SF/NYC founders largely need customers & specialized talent outside those hubs and non-coastal founders need access to the capital & talent density in SF/NYC. I'm regularly talking to coastal HQ'd founders who are eager for customer and talent connects in the Midwest, for example. And this is clearly true for Midwest companies, who are routinely faced with capital access constraints and regional investors who are looking for pricing arbitrage, not fair market deals.
The key is to build bridges that make it easier for founders, capital & talent to connect more efficiently from and to the coasts. When an ecosystem pushes a narrative they are creating an "all-in-one" startup community that presumes to give founder every resource, that's an economic development agenda, not a founder-friendly one.
The non-coastal startup communities that will ultimately be the most sought-out by founders will be the ones who build the best bridges. The more we embrace the built-in advantages SF/NYC have, and those that we, the Midwest kings, have, the better outcomes we will create for founders EVERYWHERE.
All these VCs selling their value-add but how many billionaire investors are doing customer support for you. @AntonioGracias is a real one.
Tim Grace retweeted
Critical tech and reindustrialization are positive sum but nothing gets me going more than good competition.
Serious h/t to @tmgrace on the early conviction and insane work being done in Columbus rn.
Tim Grace retweeted
NY Tech Week, we're coming for you.
Whether you're raising, building, or just ready for the conversations that move the industry forward, we've saved you a seat.
🔮 AI After Tomorrow: Investing, Building Tech, and Serving Customers
📆 June 2 at 3:30pm – 7:00pm ET
🔗 tsta.rs/Ybcy50YQHkU
🎤 Speakers include Andrew Cleland, Chief Investment Officer of Techstars, and senior leaders of DigitalOcean and Zendesk
🛠️ AI Builders Mixer with DigitalOcean and Techstars
📆 June 4 at 6:00pm ET
🔗 tsta.rs/nl5f50YQHkT
See you there!
Love to help build bridges from SF <> Columbus. What @suzannexie & team @ Strider are doing with this roadshow is brilliant.
Day 4: Columbus delivered. Real builders grinding on reindustrialization, passionate investors who believe in the Midwest ecosystem, and ideas that hit like the future is getting built right here.
(We had some dueling bus parking and may have been mistaken for a band tour bus 😆🎸)
Big shoutout to @tmgrace for making so many warm connections happen.
Shipping and investing in Cleveland? Drop a note!
Tim Grace retweeted
Day 4: Columbus delivered. Real builders grinding on reindustrialization, passionate investors who believe in the Midwest ecosystem, and ideas that hit like the future is getting built right here.
(We had some dueling bus parking and may have been mistaken for a band tour bus 😆🎸)
Big shoutout to @tmgrace for making so many warm connections happen.
Shipping and investing in Cleveland? Drop a note!
Tim Grace retweeted
"He let me come to an awkward end before responding, 'Thanks. Who’s this?' and pointing to my infant daughter. ... It’s a startling irony of my life that Ryne Sandberg got to meet my daughter and my father never did." l8r.it/eUL4
















