Emerging U.S. Markets: A White Paper Report
Emerging U.S. markets are the fastest-growing entrepreneurial hubs across the nation
In this whitepaper, we will focus on emerging U.S. markets. For an international view, click here to read our global emerging markets white paper.
The past 50 years of venture investing have largely been dominated by three key venture hubs in the U.S. (California, New York City, and Boston). We believe that the future will be different. We envision a much more diffuse market within the U.S. and globally, offering access to innovative companies at more attractive valuations. In the U.S., we see geographic arbitrage through great startups in Seattle, Austin, Salt Lake City, Madison, St. Louis, and more. In this paper, we’ll focus on these opportunities in the U.S.
Emerging markets are the focus of Alumni Ventures’ new Emerging Markets Fund, where we will invest in a portfolio of ~20-30 deals from outside the typical three-point VC market of San Francisco, NYC, and Boston — both in the U.S. and abroad.
ABOUT THE AUTHOR
Isaac Schlecht
Principal at Castor VenturesIsaac Schlecht is an experienced investor and analyst, leading research, sourcing deals, and coordinating diligence for venture and growth equity firms. Prior to joining Alumni Ventures’ Castor Ventures fund team, he was an Investment Consultant to Tiger Global Management and founded Buttonwood Gaming, developing a digital economic simulation game with collaborators at MIT and worldwide. Earlier, Isaac served as Senior Analyst, Business and Research at Catalyst Investors, and an Associate at Samson Capital Advisors (now Fiera Capital). Isaac has an MBA from MIT’s Sloan School of Management, an AB from Brown University in Economics and Political Theory, and is a Chartered Financial Analyst (CFA) charterholder.