November 29, 2014
Anthony Montalbano, the co-founder of AMBR Detroit, is a Michigan local who spent the majority of his life taking trips into Detroit for sporting events and concerts. And while the city has had a historically bad reputation, everything changed when Dan Gilbert moved Quicken Loans to Detroit in 2010.
There were, and still are, abandoned buildings, but since Quicken Loans has come to town a lot of new jobs have been created and buildings have been refurbished. Montalbano sees a lot of parallels between what’s happening in Detroit and what Tony Hsieh did with Downtown Las Vegas.
Now, when Montalbano walks the streets of Detroit, he isn’t scared anymore. He sees new things sprouting up and a lot of tech companies moving to the city. With the help of Quicken Loans, the Quicken Loans family of companies, and Detroit Venture Partners, the city is having resurgence.
This is a lot like what happened with Las Vegas, and Montalbano has carved out a space for himself working with new startups coming to the city. The key to success in Detroit, like Vegas, is the fact that everybody is so willing and able to help everybody out.
Here’s the video:
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