Empowering Founders with Steve Case & Chase Koch | #𝗦𝗔𝗟𝗧𝗡𝗬 | Summary and Q&A

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October 4, 2022
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SALT
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Empowering Founders with Steve Case & Chase Koch | #𝗦𝗔𝗟𝗧𝗡𝗬

TL;DR

Tech entrepreneurs discuss the importance of promoting entrepreneurship in non-traditional tech hubs and the need for inclusive hiring practices.

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Questions & Answers

Q: How did growing up outside of tech hubs influence your investment and engagement strategies with entrepreneurs?

Both Steve and Chase share their experiences of coming from non-traditional tech hubs and the motivation it gave them to level the playing field for entrepreneurs in these areas. They emphasize the importance of inclusivity and providing opportunities for those with great ideas but limited access.

Q: What is the Rise of the Rest initiative, and how does it support entrepreneurs in non-traditional tech cities?

Rise of the Rest is a seed fund that invests in entrepreneurs in cities that are often overlooked by traditional venture capitalists. It aims to provide resources, attention, and funding to entrepreneurs in these areas to help them succeed and create jobs.

Q: How does the hiring approach at Coke Industries differ from traditional credential-based hiring?

Coke Industries prioritizes hiring based on values and a strong work ethic rather than solely focusing on credentials. They aim to identify innate capabilities in individuals through data science and provide training and development opportunities to build required skills.

Q: What role does government play in supporting entrepreneurship, and how can public/private partnerships advance this cause?

The entrepreneurs emphasize that the government plays a crucial role in creating an environment conducive to entrepreneurship. They suggest that government policies should support entrepreneurship at both a local and national level. Public/private partnerships can also help remove barriers and provide resources for entrepreneurs to succeed.

Summary & Key Takeaways

  • Tech entrepreneurs Steve and Chase discuss their backgrounds growing up outside of tech hubs and how it shaped their perspectives on investing and engaging with entrepreneurs.

  • They highlight the Rise of the Rest initiative, which aims to support entrepreneurs in cities outside of Silicon Valley and New York.

  • The entrepreneurs emphasize the value of considering talent beyond traditional credentials and the need for partnerships and domain expertise in different regions for industry-specific companies.

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