After last week’s post on Next Level for Atlanta’s Startup Community, a number of people chimed in with ideas. Let’s take a look at a few.
Atlanta’s startup community has made great progress over the last few years.
What do we need to get to the next level?
Ideas are appreciated!
— David Cummings (@davidcummings) July 15, 2019
eSports
Ben Alexander highlighted eSports as a high potential opportunity for the region. Between Skillshot Media, Atlanta Reign, Hi-Rez Studios, KontrolFreek, and more, there’s real momentum. To achieve a critical mass, we’ll need 10x that many companies and thousands of employees in the industry.
Inclusive Entrepreneurship
Great question. Perhaps my new guide with the @federalreserve @iamdellgines can offer a way forward. It’s entitled Building Inclusive Entrepreneurship Ecosystems In Communities of Color, https://t.co/j1cYDtfWWp
— Rodney Sampson (@rodneysampson) July 16, 2019
Rodney Sampson offered a detailed analysis in his paper Building Inclusive Entrepreneurship Ecosystems in Communities of Color. Much is to be done in this area and Rodney should be lauded for his work.
B2C
Agreed tremendous progress has been made over last 5+ years. We still haven’t had a major B2C tech outcome from start to finish in far too long though. Hopeful that changes and hopeful @PrizePicks can be one of many to come.
— Adam Wexler (@thewordpainter) July 15, 2019
B2C is much more difficult than B2B. Why? Human attention and desires are fickle compared to helping businesses do things better/faster/cheaper. With that said, a major B2C or DTC startup success story would do wonders to help the brand of Atlanta. Consumer products are always more exciting than business products.
Funding
This past quarter Atlanta companies raised $650M across 38 investments — the best Q2 ever — according to PitchBook – NVCA Venture Monitor. While the amount of funding fluctuates on a quarter by quarter basis, setting a new high bar with our best quarter ever is an indicator of progress. Funding is only one piece of the puzzle, but it’s an important one.
Atlanta’s startup community is making real progress, and has much work to do.
Keep the ideas coming.
Entrepreneur
via https://www.AiUpNow.com
David Cummings, Khareem Sudlow
