January 12, 2014
Sure, wearable technology may be one of the biggest trends at this year’s International CES, but when it comes to other startup trends to look into, we should look no further than the application of 3D technology to solve very real world problems. At least, that’s according to Andy White.
White is the director of the Vegas Tech Fund, a $50 million seed-stage investment fund that’s part of Zappos CEO Tony Hsieh’s $350 million investment in the Downtown Project. With a job that involves selecting between 100 and 200 startups in which to invest, White certainly needs to have an eye for trends.
The Vegas Tech Fund isn’t focused on any specific trends in the market, though. As far as market reach, the fund is investing in statups from across different industries. According to White, what matters the most is that the startups in which they invest have a strong sense of community or culture that is pushing their various successes.
After building their referral network during the first nine months, the Fund has seen a consistent flow of startups with increasing quality coming through Downtown Vegas – many that are better suited to match the Fund’s focus on culture and community.
The community/culture ideal is important, considering that one of the goals for the Downtown Project is to build a collaborative startup community. In the upcoming months, White expects to see an ongoing flow of startups with leaders who are able to further support this mission toward a stronger foundation for a downtown startup community (and stronger community overall).
Check out what else Andy White has to say about the Vegas Tech Fund and the startup culture in Downtown Las Vegas. Watch the video here.
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