Steve Case, AOL’s co-founder, is out in the present day with “The Rise of the Relaxation” — a hardcover accompaniment to his longtime passion project spotlighting blooming startup hubs exterior the coastal giants.
Why it issues: He backs up his beyond-the-Valley thesis with seed + early-stage investments from his Revolution funding agency.
“I write about 29 cities within the e book,” Case instructed me. “We now have visited 43 cities with our [Rise of the Rest] bus excursions, and we have now VC investments now in 100 cities.”
- “The important thing takeaway is it is not just some cities on the rise, however just a few dozen.”
Case writes persuasively and excitedly about “an explosion of startup ecosystem growth in dozens of cities”:
From Seattle to Phoenix to Salt Lake Metropolis to Dallas to Denver to Miami and all factors in between, startups are reimagining cities. The brand new guard is reviving declining iconic locations like Detroit and Pittsburgh, as soon as nice facilities of innovation that fell on laborious instances.
“They’re electrifying smaller cities like Chattanooga and Columbus with tech innovation in crucial industries comparable to insurance coverage, well being care, and transportation,” Case continues:
They’re energizing traditional heartland cities like Kansas Metropolis, Inexperienced Bay, Omaha, and St. Louis with a renewed give attention to the long run. And they’re cracking the fairness code, participating numerous populations in cities like Atlanta, Baltimore, and Tulsa within the alternative to rebuild America.
Our thought bubble: There is a exceptional overlap between Case’s startup hubs and the 24 (and shortly to be 30) cities of Axios Native.
- Our on-the-ground reporters are narrating the rise and reinvention of America’s new hubs of innovation and experimentation.
Case’s backside line: “[T]he level isn’t essentially to catch up or overcome the prominence of San Francisco, New York Metropolis, and Boston,” he writes.
- “It is for locations like Detroit or Miami to flex their regional benefits and carve out their very own exceptionalism.”
Go deeper: Extra on the e book … Get Axios Native