» Formspring.me Leaves the Midwest for Silicon Valley
This latest startup departure does nothing but continue to validate the need for a greater focus on technology innovation and funding across the entire Midwest. Until this happens, more companies like Formspring.me will continue fleeing our cities for “more thriving” startup regions. A quick byte from the post:
“…opportunities in the Midwest do not yet compare to those available in other booming startup cities.
Had Formspring.me been founded in a city like Austin, Boulder, New York or Boston, they would have likely remained there upon receiving funding…While the Midwest is growing its startup culture, there are far fewer VC firms, and far smaller talent pools when compared to other locations…”
March 19, 2010, 3:32pm Comments
