Tonight I had the opportunity to attend a dinner, sponsored by a great VC firm in town, for the sole purpose of discussing the Atlanta technology startup community, including what’s working well and what can be improved. None of the solutions are effortless, nor are too many likely to happen soon, but the goal is to spread awareness of how we can improve things. Here are five ways to improve the Atlanta technology startup community:
- Allow the Georgia government pension funds to invest in the venture capital alternative asset class
- Convince Fortune 500 companies in the metro area to buy from local startups and acquire local startups
- Introduce several new local seed stage and early stage investment funds
- Encourage successful entrepreneurs to give back and reinvest in the community
- Increase the number of clusters and improve their recognition (e.g. online marketing, vertical e-commerce, lead generation, etc)
There are many more but these were some of the main takeaways from the evening. The great news is that over the past five years the Atlanta startup community has really blossomed and has many different ways to get involved.