Hello and welcome aid to Equity, TechCrunch’s project capital-focused podcast, where we unpack the numbers in the aid of the headlines.
I used to be in the studio by myself this week with the astonishing Clara Sieg of Revolution, an early-stage project capital fund that invests in disruptive startups from underrepresented geographies. As you can perchance need guessed, we talked about the rising fashion of shoppers backing companies from “2d-tier” markets take care of Austin, Atlanta, Denver, Philadelphia, Seattle, etc.
Clara herself hails from Pittsburgh, an up and coming market for abilities startups and project capital investments. We focus on how that has influenced her occupation in VC and how she landed at Revolution (she’s been there for almost a decade!) in the major house.
On this particular episode, Clara moreover teaches me how cities turn into tech hubs. It’s a selected roughly recipe. A metropolis will deserve to win a enormous university, or a few, nearby to present a fixed accelerate of abilities. They need some big companies around for the a comparable motive. They desire a healthy neighborhood of angel shoppers willing and intriguing to receive issues going. And… properly, hear to the episode to study the remaining.
In a roundabout scheme, I query Clara what investment she regrets no longer making the most. Her acknowledge might perchance surprise you.