Steve Case, The Revolution Venture Fund, and the “Rise of the Rest”
Pockets across the country are slowly, but surely, turning into technology hotspots. While traditional Venture Capital funds tend to be focused in Silicon Valley and New York City, there is a slow migration underway. This migration is happening throughout the country: the flyover states of the Midwest, the Southeast, New England, and "Everywhere Else." The only thing that everywhere else is truly lacking, is ready access to capital. True, there are VCs and firms everywhere, but not nearly in the same density or with the same level of funds as those in the Valley and NYC. Monday, however, a new fund was launched. A fund of the likes of those in the Valley, but specifically for the rest of the country. This will go down as a watershed moment for everywhere else.