This story appears in theSeptember 2016issue of狗万官方.Subscribe »
Say you're a shiny startup launching in an emergingentrepreneurial hub-- perhaps in Detroit, Chicago or Cleveland. Congrats! You have access to great research institutions, an educated workforce and an astoundingly low cost of living and wages relative to the coasts. But when you look for capital, you'll face the harsh reality of launching a business in the Midwest.
There's no way to sugarcoat this: VCs on the coasts aren't usually interested in you. There's an unfortunate history of many Midwest-based startups raising aseed round of funding, then running out of money before generating sustainable revenue or lining up a Series A round.
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