Home / Entreprenuers / Heartland Tech Weekly: Stop raking states as the ‘best’ or ‘worst’ for businesses

Heartland Tech Weekly: Stop raking states as the ‘best’ or ‘worst’ for businesses

As I used to be scrolling via my Twitter feed yesterday, I got here throughout one other report proclaiming to have decided the greatest states for enterprise — this time from CNBC.

CNBC’s report hits most of the proper notes in figuring out what makes a location supreme for businesses: a well-educated workforce, the value of doing enterprise, the variety of enterprise laws, high quality of life, and entry to enterprise capital. Still, I virtually all the time hesitate to make use of studies like these in my articles. Simply framing a state as good or dangerous for enterprise is misguided, and I’d warning startup leaders in Heartlandstates in opposition to studying an excessive amount of into lists like these.

In my opinion, the greatest challenge tech startups in the Heartland face shouldn’t be beginning up, however scaling shortly sufficient to turn out to be an trade chief — with out burning out. What’s wanted to try this are elements which can be laborious to quantify: executives and enterprise capitalists who know the way to correctly steer a fast-growing enterprise, as nicely as clients and native expertise who’re prepared to take an opportunity on startups.

These studies additionally miss whether or not a metropolis is changing into a frontrunner for businesses in a sure trade, like manufacturing or SaaS. No metropolis or state goes to be a super location for each kind of enterprise — nor ought to or not it’s.

Do you discover that “best places for businesses” studies usually get one thing mistaken about your metropolis or state? Send me your ideas by way of electronic mail. And as all the time, thanks for studying. You may also enroll right here for VentureBeat’s Heartland Tech publication to get this column in your inbox weekly.

Anna Hensel
Heartland Tech reporter

Featured Video

Check out this video from CNBC, on how the CEO of Cincinnati’s LISNR went from a soft company job to $100,000 in debt operating a startup

From the Heartland Tech channel

SpotHero parking app

SpotHero introduces 500 autonomous car-ready garages in Chicago

SpotHero introduced that greater than 500 of its linked parking garages in Chicago have been tailored to accommodate autonomous automobiles, vehicles, and SUVs.

Read the full story 

Atlanta, Georgia

Above: Atlanta, Georgia

Image Credit: Shutterstock

Twilio provides Atlanta workplace to increase its attain in the Southeast

Cloud communications firm Twilio right now introduced that it’s including an workplace in Atlanta. The workplace will home gross sales, human sources, and engineering employees, and the firm expects to rent greater than 50 staff there over the subsequent 1-2 years, in accordance with a Twilio spokesperson. “[Atlanta] has considered one of the highest focus of Fortune 500 firms, […]

Read the full story 

Universities and legacy industries are giving rise to the Midwest’s AI startups

ANALYSIS: Even as synthetic intelligence guarantees to remodel many aspects of life, the majority of AI firms in the U.S. are nonetheless concentrated in conventional tech hubs. According to a Glassdoor evaluation from November, 30 % of open jobs that included the phrases “artificial intelligence, “AI,” or “deep learning” of their title had been situated in San […]

Read the full story 

Beyond VB

Apple’s rumored Raleigh headquarters would fully change my group

Apple is reportedly planning to open a second campus in Raleigh, North Carolina, the place I stay. And Amazon executives, who’re additionally scouting cities for the firm’s second headquarters, just lately a took a tour. (by way of Quartz)

Read the full story 

Down and Out in San Francisco, on $117,000 a Year

It’s past laughable one-bedroom condo can promote for $1.5 million in San Francisco — and get a number of presents inside a day. Or that dumpsters sport satirical “for rent” indicators. Or that the asking worth for a facet order of brussels sprouts at many eating places is $16. (by way of The New York Times)

Read the full story 

Detroit-based startup StockX gross sales soar as it grows past sneakerheads

When Detroit-based StockX partnered with Nike final 12 months to completely promote the remake of the sneakers NBA celebrity LeBron James wore his rookie 12 months, the 46 pairs of retro footwear bought for a mean $6,000 every. (by way of Crain’s Detroit)

Read the full story 

Insurtech Startup Raises $7.3M From Liberty Mutual to Insure Drones, Robots and More

REIN, an insurtech startup centered on rising expertise markets like robots, drones, mobility and IoT merchandise, has raised $7.three million in a funding spherical from buyers together with insurance coverage large Liberty Mutual’s investing arm. Founded in 2015, REIN is predicated in Chapel Hill, NC. (by way of Hypepotamus)

Read the full story 




Source link

About Beverly Hall

Beverly D. Hall writes for Entreprenuers and Leadership sections in AmericaRichest.

Check Also

Marvel Comics’ Stan Lee: The Legend Who Created Legends

In this opinion piece, Knowledge@Wharton know-how and media editor Kendall Whitehouse appears again on the …

Leave a Reply

Your email address will not be published. Required fields are marked *