Second on the panel Tech Cocktail Week in Downtown Vegas, to promote the launch of Startup Mixology, was Andy White, the man who runs the VegasTechFund. Every week for the past two years White has written a check to fund startup companies coming to Vegas from the $50 million fund.
During those two years White and the VegasTechFund have made 90 investments in different companies. For White, after all is said and done, he can’t imagine being anywhere else or doing anything else.
When the VegasTechFund first got started, they were looking to all the potential and possibility of Downtown Vegas. It was important to have a solid support structure in place to help grow the community as they marched forward.
Now that they have the infrastructure, they are building a community around it. The focus, then, has shifted to the core concept of getting the right people to Downtown Vegas for the right reasons.
That’s because community is important, and it has to be an element of a startup, so says White. However, like anything else, you can definitely overdo it. How much you choose to participate in the community, and subsequently how much you get out of it, is your own choice. Faculties like the VegasTechFund want to ensure that you’re getting as much out of it as you can.
Here’s the video: