Atlanta’s Pitch to West Coast VCs

David Cummings on Startups

Today, 10 people from Atlanta, including Mayor Kasim Reed, are heading out to Silicon Valley to meet with several venture capitalists and large tech companies in order to espouse the benefits of Atlanta. All the great benefits of Atlanta will be highlighted including strong technical talent from Georgia Tech, massive airport with direct flights around the world, low cost of living, and growing population of educated young professionals. It’s important to convey this message as there’s real value to it.

Only, this isn’t going to get VCs excited. VCs get excited about the prospect of making huge amounts of money for their limited partners, which in turn makes huge amounts of money for themselves. If they don’t do that, they can’t raise another fund, and they go out of business.

A great city with strong fundamentals doesn’t incite the fiery capitalist function in an investor.

Instead, what’s needed is…

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