11–20 of 99 posts
I wish there was something like this here in DC. Very little startup scene. All I get to see are those sweettalk recruitment shops and those three lettered agencies that I couldn't imagine working for. Good news for you Detroit!
DC startup scene is hardly dead.
Great news & I have more hope for the community. However, many people outside of the startup scene have misconceptions, as they see survivor bias/success bias in the reporting. One item in the report feeds this misconception: "The average company got $1.9 million in funding." The median raised would be far more revealing of the actual experience that a startup faces than the average.
I just pulled some numbers quickly...
In the last 3 Techstars NYC batches (not including the most recent), there were 37 companies with median funding of just over $1.6 million. 28 are still active, 6 have been acquired and 3 have failed.
As a Detroiter hopefully this will give me a reason to start going downtown. The current problem with the Detroit Metro area is when ever outside money comes in. Most the time the offices open in the northern/western suburbs. I say this because most high paying jobs are in the suburbs. Because that's where the businesses are. The suburbs are doing well. At first I was very excited and hoped they'd open relatively clo…
I wish there was something like this here in DC. Very little startup scene. All I get to see are those sweettalk recruitment shops and those three lettered agencies that I couldn't imagine working for. Good news for you Detroit!
You should checkout über offices. They have 5-10 startups working out of all three locations (most of with funding). On top of the co-working/startup spaces you have other accelerators and funding opportunities like 1776 and Acceleprise.
The DC startup scene is definitely healthy.
While this is great news, I think YC-Detroit would have been even better ;-) There is a lot of talent here. As evidence, here's the First Robotics Competition team map: https://www.google.com/maps/d/viewer?mid=zIJNq656OeBY.ke6fB8... Our teams also have a long history of winning ;-)
Detroit is the perfect place to build the robotics industry and they should call it Uncanny Vally.
I have said it before and I will say it again. Detroit is the perfect place to build the robotics industry and they should call it Uncanny Vally.
Why?
I have said it before and I will say it again. Detroit is the perfect place to build the robotics industry and they should call it Uncanny Vally.
>Detroit is the perfect place to build the robotics industry Why?
Cheap land to build large testing facilities.
Infrastructure that is only recently started to erode to test out various robots on.
Cheap cost of living in an otherwise capital intensive industry.
As a Detroiter hopefully this will give me a reason to start going downtown. The current problem with the Detroit Metro area is when ever outside money comes in. Most the time the offices open in the northern/western suburbs. I say this because most high paying jobs are in the suburbs. Because that's where the businesses are. The suburbs are doing well. At first I was very excited and hoped they'd open relatively clo…
The only time I ever go downtown is for events at the Renaissance Center and Cobo Hall. There's really no reason to otherwise, unless you like to gamble. Pretty much everywhere outside of the immediate area around Cobo is really bad anyway.
The "Down Town" area is perfectly fine. I have friends who live down town. Just when you leave that bubble protected by freeways it gets very bad very fast.
Though, I'm surprised they aren't coming to Ann Arbor- the real startup hub of Michigan.