Woven throughout Minnesota’s Angel Tax Credit saga was the painful testimony of local startup companies looking outside of Minnesota for viable funding options. And because investors often have a real need to see, taste and touch their investments (in a non-creepy way), relocation typically becomes a contingency of funding–both for the security of proximity, and for the potential economic value to a city/state business ecosystem.
Reflecting on the psychology surrounding the passage of Minnesota’s Angel Investor Tax Credit, it was that same prospect of loss — be it entrepreneurs, new tech companies, jobs, future tax revenues, or bragging rights — that would (in part) move the emotional dial and tip the scales in favor of Minnesota’s entrepreneurs and investors. We can’t have promising new companies leaving…to Wisconsin of all places!
It might be educational for the other entrepreneurs in the community to know this isn't YC and the s...
Author: Casey AllenGood for you... congratulations! The Twin Cities is a great place to lead this charge. If you can ...
Author: Darren CoxCongrats, Heroic!
Author: Dana SeversonJustin and team rock.
Author: GraemeThickinsCan you elaborate on that?
Author: Jeff Pesek