Detroit: The City Where Startups Come True

Ryan Landau

By on 07/26/17

Detroit: The City Where Startups Come True

To join or build a successful startup company (i.e., startups with plenty of dollars to grow and some of the best talent in the industry), you’ve got to be on the coast.

It’s one of the biggest myths we encounter at re:purpose.

Good thing we like busting myths.

In reality, the Midwest is the fifth largest economy in the world (—which is impressive, considering California ranks as the eighth largest). In fact, Chris Olson from Drive Capital reports that in the next few years, the Midwest is slated to have more startups than Silicon Valley.

Detroit Startup Jobs: Why Entrepreneurs & Employees Love the Motor City

This hidden diamond in the Midwest contains an economy larger than California. Photo credit: Ted Serbinski.

It’s no surprise, then, that firms like Detroit Venture Partners (DVP) have set up camp in a place like Detroit—a centrally-located city that perfectly embodies the grip-it-and-rip-it spirit that successful entrepreneurial teams are known for.

We had a chance to sit down with DVP partner Jake Cohen to get his take on the best parts of working for—and founding—a startup in Motor City. Cohen’s an entrepreneur-turned-venture capitalist who’s been working with other entrepreneurs and doing venture deals at DVP since 2010.

“A lot of people are attracted to what has yet to be done in Detroit,” Jake told us. “It’s the opportunity to be a part of a startup in a city that itself feels like a startup.”

And that’s just the beginning.

Detroit vs. the other guys

Cohen’s been with Detroit Venture Partners since they opened their doors, so he’s played a hands-on role in transforming Detroit into the 
startup powerhouse it’s morphing into.

He’s also lived and worked in other big cities, so he knows how they compare from an entrepreneurial standpoint.

Here’s what he told us:

Starting your business in Detroit

 
 
 
 
Video Thumbnail
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Detroit startup jobs

 
 
 
 
Video Thumbnail
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 

Find the right startup for you

At re:purpose, our specialty is matching your values, experience, and skillset with a startup that will appreciate—and compensate you for—everything you have to offer.

So whether you’re looking to move from across the coast to join a startup, or simply out of the corporate sea, we can help.

Fill-out out this quick, online form to access hundreds of Detroit startup jobs! It’s free, and 100% confidential. 

 

Recent Posts

Benefits 101: Everything You Need to Know About Startup Benefits

In life, there are necessities, there are comforts and then there are extravagances. The world of startup benefits is...

Read More
4 Questions to Ask Yourself to Create A Better Employee Experience

What can you do with 90,000 hours? For most Americans, it's work. The average American will spend roughly one-third of...

Read More
What are Gender Neutral Pronouns & How to Use Them

We have some big news. As of today, the re:purpose platform now gives candidates the opportunity to display the...

Read More

Get started today.

or
Shares
Facebook LinkedIn