Middle America has an experience problem when it comes to growing startups.
So argues Tim Schigel, founding partner of Cincinnati's Refinery Ventures, an early stage venture capital investment firm, in this piece in Business Insider.
He applauds ventures like Steve Case's new $150 million venture fund that's part of his Rise of the Rest initiative dedicated to providing, as Schigel puts it, "capital with connections for nascent startup economies in Middle America." But "there is a less obvious gap for us to leap here in places like Cincinnati or Kansas City that is just as critical: it's a lack of startup experience in the general business culture."
Image: Photo by SCOTT SUTTELL
