Ashton Kutcher’s VC agency, Sound Ventures, believes there’s alternative for funding exterior of Silicon Valley. Particularly, the agency pegs Denver, Austin and Miami as probably the most promising U.S. markets for tech startups and investing, exterior of the massive markets like Silicon Valley and New York, after all.
In response to Sound Ventures associate Effie Epstein, talking on stage at TechCrunch Disrupt SF 2018 this morning, Boston is one other nice marketplace for startups.
She additionally famous that the agency has a few corporations popping out of Miami now, and credited Seattle as being a attainable participant.
“Seattle has all the time been within the background. I’m form of stunned that we haven’t seen extra out of Seattle,” mentioned Epstein.
Nonetheless, when requested about probably the most promising upcoming markets, Seattle wasn’t on the listing.
“I might say Denver, Austin, and, shockingly Miami, have been climbing up the ranks,” she mentioned.
The enchantment of those markets is that they’re locations the place folks don’t simply wish to work, in addition they wish to reside.
“One of many one of many greatest issues relative to these corporations being in several markets was they may entice expertise at much like decrease costs as a result of the price of residing was decrease,” Kutcher mentioned, through the Disrupt interview. “So, all of the sudden folks may have higher lives working at corporations – engaged on exhausting issues to unravel to make the world a greater place – however even have a life whereas they had been doing that.”
The companions additionally touched on the chances in L.A.
Extra not too long ago, L.A. startups have been in a position to truly retain their expertise, they mentioned.