Hey Ben. Thanks for the heads up. Glad you gave it a shot. Look forward to seeing what comes next! Zack
Added - https://middlebit.com/tags/47
Ames tag has been added :)
He hasn’t written about it much publicly outside of some threads on Twitter.
His episode on the Meb Faber show is particularly good though.
I thought this episode was particularly interesting. Peter is pretty blunt in talking about downfalls of traditional funds and where syndicates can be advantageous. Do you know if he’s written about this anywhere? I was actually just talking to Craig about this yesterday.
https://middlebit.com/t/Bozeman has been added to tags and added this post as well.
This is really great to see. Does anyone know what the size of the fund is or the size of the investments they’ll be making?
Great news for MSP and the region!
Not off the top of my head. I would DM Nait on twitter.
Form no longer active, anything else like this going on?
Love this. Love that the effort is led by Nait ( https://twitter.com/NaithanJones ). KC native who moved west at the same time I did to help grow his company backed by A16Z.
Super proud of Nait. Today and everyday. This is awesome.
There is no doubt in my mind there is plenty of tech talent in the region.
Greater MSP is doing a fair amount of data collection and reporting in the Twin Cities https://www.greatermsp.org/regional-indicators-2019/
I have had some success with https://stackoverflow.com/jobs/salary but will check those links as well. Thanks
Talent. Lots of data out there on Funding e.g. VC funds, # of rounds, $ invested etc (usually based on incomplete data from Crunchbase or Pitchbook) but I think the talent side of the equation is neglected. I don’t believe there’s good data on supply/demand for specific tech-related skills or positions in our region? There’s a general sense that we need more tech talent, and a general effort (city or state-level) to develop and/or attract more talent to our region, but I don’t think it’s data-driven or focused or measured properly. If you know of any please sources let me know!
Thanks! Glad it’s helpful
Zack - have you played with https://angel.co/salaries or https://www.builtinchicago.org/salaries at all?
Great survey. Distributed to my network of investors, good reason to reconnect with very pertinent content.
I understand and see where you’re coming from. This granular approach is ideal because of it’s specificity but may be a lot to chew off at once. Perhaps the project can start with a macro scope and fine tune it in iterations as needed. If it were me, these are the steps I would take:
(1.) ID manufacturing subsectors and standard workforce data to outline your data around (Conveniently avail. here: site:https://www.bls.gov/iag/tgs/iag31-33.htm)
(2.) Research each subsector as it relates to average costs (Labor, property/sf pricing, fulfillment costs & delivery lead times to key geographic areas, lead times for new tooling… look for anything that implies faster output/better quality and/or less cost).
(3.) Research each subsector as it relates to available technologies & talent (not sure how to break this down, but def. include how many Stanford grads. are in the area ;)
(4.)Link in any local subsidies and other incentives.
(5.) For companies that process local, raw materials…maybe have a section about that too, but that seems like a whole other can of worms).
And that’s it.
Business owners can make assumptions about specific costs on their own, but having a benchmark that clearly outlines an average for all the major costs with comparison to coastal or global manufacturing costs would certainly grab my attention.
Might be worth it to talk about the people/culture too.
Hit me up if you want to poke some holes and dissect further.
I’m thinking about this in the context of someone considering moving to the Midwest to start a company. How would I show them what manufacturing capabilities are available in the region?
I imagine the report would cover different segments (which could be categories/Manufacturing Type/etc etc). What I’m really getting down to is the massive range of manufacturing capabilities.
Not sure if I’m thinking about this the same way others are but I’d be curious how others would break this down.