Detroit Needs Seed-Stage Capital More Than VC Disruption

Big changes are happening in the venture asset class: SoftBank somehow wants to put $880 billion to work in the next 10 years; Sequoia (and the other flagship growth firms) are trying to figure out how to compete and are raising huge funds; Social Capital is trying to make going public easier through blank check … Continue reading “Detroit Needs Seed-Stage Capital More Than VC Disruption”

As Automation Disrupts Everything, Michigan Must Seize Opportunity

Detroit is buzzing again. Optimism about the city’s future is high. Unemployment in the state of Michigan is under 4 percent, approaching 20-year lows, and is lower than the national average. There’s lots to be excited about, and I share that excitement 100 percent. In fact, it’s part of the reason why I recently moved … Continue reading “As Automation Disrupts Everything, Michigan Must Seize Opportunity”