Detroit: The City Where Startups Come True

Ryan Landau

By on 07/26/17

Detroit: The City Where Startups Come True

To join or build a successful startup company (i.e., startups with plenty of dollars to grow and some of the best talent in the industry), you’ve got to be on the coast.

It’s one of the biggest myths we encounter at purpose.jobs.

Good thing we like busting myths.

In reality, the Midwest is the fifth largest economy in the world (—which is impressive, considering California ranks as the eighth largest). In fact, Chris Olson from Drive Capital reports that in the next few years, the Midwest is slated to have more startups than Silicon Valley.

Detroit Startup Jobs: Why Entrepreneurs & Employees Love the Motor City

This hidden diamond in the Midwest contains an economy larger than California. Photo credit: Ted Serbinski.

It’s no surprise, then, that firms like Detroit Venture Partners (DVP) have set up camp in a place like Detroit—a centrally-located city that perfectly embodies the grip-it-and-rip-it spirit that successful entrepreneurial teams are known for.

We had a chance to sit down with DVP partner Jake Cohen to get his take on the best parts of working for—and founding—a startup in Motor City. Cohen’s an entrepreneur-turned-venture capitalist who’s been working with other entrepreneurs and doing venture deals at DVP since 2010.

“A lot of people are attracted to what has yet to be done in Detroit,” Jake told us. “It’s the opportunity to be a part of a startup in a city that itself feels like a startup.”

And that’s just the beginning.

Detroit vs. the other guys

Cohen’s been with Detroit Venture Partners since they opened their doors, so he’s played a hands-on role in transforming Detroit into the 
startup powerhouse it’s morphing into.

He’s also lived and worked in other big cities, so he knows how they compare from an entrepreneurial standpoint.

Here’s what he told us:

Starting your business in Detroit

 
 
 
Video Thumbnail
 
 
 
 
 
 
 
 
 
 
1:11
 
0:00
 
 
 
 
 
 
 
 
 
 
 
 

Detroit startup jobs

 
 
 
Video Thumbnail
 
 
 
 
 
 
 
 
 
 
1:10
 
0:00
 
 
 
 
 
 
 
 
 
 
 
 

Find the right startup for you

At purpose.jobs, our specialty is matching your values, experience, and skillset with a startup that will appreciate—and compensate you for—everything you have to offer.

So whether you’re looking to move from across the coast to join a startup, or simply out of the corporate sea, we can help.

Fill-out out this quick, online form to access hundreds of Detroit startup jobs! It’s free, and 100% confidential. 

 

Recent Posts

Rocket Companies And Their Radically Simple Future Of Fintech

If you’ve bought a house, you know the process is complicated, tedious and often difficult. And in today’s market, it’s...

Read More
Weekly Job Digest

There’s no doubt a shift is happening in the hiring landscape. Many companies, big and small, have gone from rapidly...

Read More
14 Grand Rapids Startups Hiring in 2022

West Michigan is smack dab between Ann Arbor/Detroit’s tech and startup hub emergence of great hiring tech companies....

Read More

Find the Best Startups in the Midwest

OR
Loading...

Unable to complete registration. Please contact us.

Shares
Facebook LinkedIn