TechCrunch Reports On Its Crowded Meet-Up In Detroit
November 12th, 2012, 6:55 AM
"We had a blast, Detroit. Thanks for having us."
That's the message from Matt Burns of TechCrunch, the online publication that is dedicated to profiling startups, reviewing new Internet products, and breaking tech news.
"On a brisk November night last week the city of Detroit — no, the entire Detroit region — turned out for our first TechCrunch Meetup in the Motor City. We took over all four floors of Hockeytown Cafe. The crowd was as eclectic as the area: app builders, makers, curious onlookers, seasoned entrepreneurs, and a surprising amount of venture capitalists, who are seemingly hungry to find (and fund) Detroit’s savior.
"We spent just two days in Michigan. We meet with close to 50 companies/entrepreneurs at office hours held in Detroit and Ann Arbor. It’s very clear that there’s something special happening in the area. Compared to other cities, the VC money seems to flow a bit easier with better terms and the talent pool is incredible. Plus, you can essentially buy a skyscraper with lunch money.
"The area’s goal seems to be retention. Michigan’s universities churn out hardworking talent at a rapid pace — and then people leave the state. University of Michigan is right down the road from Detroit; Michigan State is a bit farther to the north. There’s Wayne State, Eastern Michigan, Central Michigan, Western Michigan, and the amazing Kettering University in Flint, MI. Just holding onto 5% of this talent base would do wonders for Detroit and Michigan as a whole."