Video Venture Capital in Detroit, Among Other Places (Video) 36
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If you have a startup idea kicking around in your head, you don't necessarily need to head for California, New York or Massachusetts to find venture capital. In today's video, Timothy Lord visits a venture capital firm called Detroit Venture Partners. (Yes, it's in Detroit.) This not an intimidating company, even though it has some big bucks and big names (including Magic Johnson) behind it. But this doesn't mean you need to rush to Detroit to fund your million-dollar idea. There are lots of local venture capital companies in the U.S. -- and chances are, wherever you are, there's one near you that's panting to invest in your can't-miss business opportunity.
Plus... (Score:4, Funny)
There's another advantage to setting up shop in Detroit these days: The city is much safer now that an angry Clint Eastwood is out there roaming its streets.