Following the dramatic fall of FTX and its young founder Sam Bankman-Fried, which blindsided investors, some might argue that it’s time for venture capitalists to pay more attention to entrepreneurs in overlooked communities across the country who are building the new American dream. Over the past decade, nearly 75 percent of venture capital has gone…
Building the American Dream Beyond Tech Hubs
Following the dramatic fall of FTX and its young founder Sam Bankman-Fried, which blindsided investors, some might argue that it’s time for venture capitalists to pay more attention to entrepreneurs in overlooked communities across the country who are building the new American dream. Over the past decade, nearly 75 percent of venture capital has gone…
Steve Case, Who Co-founded AOL, is Now on an Epic Mission to Nurture Creative Startups in America’s Heartland
What do an at-home water testing kit company, a luxury watchmaker, and an online farmland real estate investment platform have in common? First, they were started in America’s heartland—Zionsville, Indiana; Detroit, Michigan; and Fayetteville, Arkansas, respectively—far from the usual, bicoastal venture capital hubs. Second, their initial potential was spotted and funded by AOL co-founder Steve…
This Day in Market History: AOL Is Founded
Each day, Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On May 24, 1985, Quantum Computer Sciences was founded in Delaware. Where The Market Was The Dow finished the day at 1,301.97. The S&P 500 traded at 188.29. What Else Was Going on in the World?…
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