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from the as-opposed-to-tunnel-under-states dept.
Here comes Rise of the Rest:
For the past several months, there has been a torrent of press around how Mr. Case and Mr. Vance have teamed to try to revive entrepreneurship in what elites often derisively refer to as the so-called flyover states. As my colleague Steve Lohr wrote recently, Mr. Case and Mr. Vance have been barnstorming various cities in a painted bus, holding entrepreneurship competitions as if they were politicians on the campaign trail.
But until now, at least to some skeptics, it seemed like a do-gooder vanity project.
How could these two men significantly change the dynamic among serious investors on the coasts to reorient their focus on cities, many of them suffering from the erosion of manufacturing, in the Rust Belt and elsewhere?
It turns out that while they were publicly crisscrossing America, they were also privately holding meetings with some of the wealthiest individuals and families in the country, urging them to not only invest in a new fund but become partners with some of the companies that will benefit from it.
"Flyover" isn't patronizing at all.
(Score: 3, Insightful) by frojack on Wednesday December 06 2017, @09:03AM (3 children)
After these guys reduced wages in big cities to the point that Amazon worker tent cities are taking over city parks and college campuses, they finally decide to go somewhere away from pesky City bureaucracy who are starting to make demands.
Country folk can sling packages as well as city kids, and they have nowhere to go even if the end up living in FEMA trailers in a corn field.
Pretty sure getting a bunch of minimum wage stiffs taking a Tony Robin's entrepreneurship course are not going to be any competition for the bike money boys from the coasts. More like non employee contractors working for pop-up companies. A regular field of broken dreams.
No, you are mistaken. I've always had this sig.
(Score: 1, Funny) by Anonymous Coward on Wednesday December 06 2017, @09:12AM
This is what the market has decided, who are you to disagree you slimy communist!
(Score: 1) by khallow on Wednesday December 06 2017, @01:31PM (1 child)
And cost of living is lower. So less tent city drama. I suppose we could instead increase minimum wage and force country folk into those tent cities just to get a job.
(Score: 0) by Anonymous Coward on Wednesday December 06 2017, @08:48PM
We would already have less tent city drama if we weren't being expected to fund those freeloading rural folks.
(Score: 5, Insightful) by Anonymous Coward on Wednesday December 06 2017, @09:55AM
Monopolist 1: "Hey, wages, taxes, and regulations on the coasts are getting too expensive. Hurts profits."
Monopolist 2: "Too bad we can't just ship everything we buy in China direct from distro hubs in India."
Monopolist 1: "Hey, a lot of our customers are poor, unemployed rubes on meth. Let's co-locate!"
Monopolist 2: "Wizard! After we drove their shops out of business, moved their factories, Cargill and Monsanto ruined their farms, and the pharma gang got them all hooked on fentanyl, they need us! They'll work for peanuts and keep buying our crap!"
[sound of champagne corks]
Monopolist 1: "We were born to rule the universe!"
(Score: 2) by FatPhil on Wednesday December 06 2017, @10:48PM (1 child)
"Greyhound thru', but sit nearer the exit than the dodgy looking guy" is most accurate.
Great minds discuss ideas; average minds discuss events; small minds discuss people; the smallest discuss themselves
(Score: 0) by Anonymous Coward on Thursday December 07 2017, @05:52PM
Greyhound is too expensive. Around here we MegaBus. You can cross the country for $1, if you plan ahead a bit.
(Score: 2) by legont on Thursday December 07 2017, @01:51AM
Perhaps they realized that the next time around Russians would get the folks to actually use pitchforks?
This danger worked nicely for the well being of Americans during the Cold War. Just saying...
"Wealth is the relentless enemy of understanding" - John Kenneth Galbraith.