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The venture money in Chicago is too conservative. It’s not a great city during the winter. There aren’t enough large, innovative employers in silicon hardware,
by 1123581321 4y ago
The venture money in Chicago is too conservative. It’s not a great city during the winter. There aren’t enough large, innovative employers in silicon hardware, or software. The state has latent brain drain due to taxes and a few other things. Source: have spent years trying to make it better.
Edit: want to be clear that the money isn’t conservative in a good way, encouraging small, sustainable businesses. It’s reluctant to support those at a reasonable price as well.
- curiousllama 4y agoThis is a new interesting point to me, which makes total sense. All the big $ in Chicago seem to go to prop trading, not VC. Combine that with a big industrial base, not tech, and all the STEM talent just becomes mechanical engineers, not software engineers, and half those who do become SWEs end up at trading firms.