No matter where you run a company, you’re probably making trade-offs. There are pros and cons to operating anywhere, for sure. And, if you’re an investor, funding companies in smaller cities can feel riskier than you’d like. But here’s why we love investing in small cities and why you should, too.
If you’ve ever wondered what an island like Bahrain has to offer to entrepreneurs and startups, we’re happy to fill you in and let you know how the ecosystem here has developed with the support of key stakeholders.
Last week, we were in Lima for our second stop of the Momentum Tour. We met with government officials—the people who oversee the support that startups receive directly from the country—investors investing in the country’s best seed-stage founders, and corporates doing business with the country’s newest startups. Everywhere we went, I asked whether they felt like Lima was a great place to grow a startup. And, everyone’s responses seemed to distill down to five common themes around what it means to build a company in an emerging market.
This past week, I took a look at the 25 investments that GAN Ventures has made so far. Mostly, I was just checking to see who I’ve followed up with lately and who else I should reach out to so that I could say hello and see how things were going. But while looking over the list, I started to wonder if there might be any common denominators across the group. Meaning, I started to ask myself, “Is there any similar trait or feature that each of the companies in the GAN Ventures portfolio share?”
We just finished the first leg of the GAN Momentum Tour in Pittsburgh and it couldn’t have been a better place to kick the tour off because, as we expected, the city is an incredible place to start a company. I’ve heard for years about Pittsburgh being a place where startups can launch their companies pretty easily, but I had no idea why until we made this stop on the Momentum Tour. Here’s what I found out.
Each week, I receive dozens of updates from startups, filling me in on where their companies are at, and a lot of them—if I’m honest—aren’t great. It’s not the end of the world, but I’ve definitely been on the lookout for one that I could show off as a great model to follow. It finally happened, and here’s what was so good about it.
NMA has been a part of GAN for around two years now and is set to host the third stop of the 2019 GAN Momentum Tour in Hamburg. Here’s how the city’s startup culture and infrastructure are excelling across various sectors and markets and how the tour will help its startups gain momentum, wherever they call home.
I can’t remember the last time I was this excited. In just four days, GAN hits the road on our 2019 GAN Momentum Tour, a five-stop global tour focused on helping startups get and sustain momentum wherever they call home. But even if you can’t personally join us on any of the five stops, I still think we all have huge reasons to be excited about what lies behind this tour.
If curiosity means being open to other ways of seeing or doing things, then how does that affect our businesses? How can being curious improve our leadership? And, what’s the business case for being more curious, if anything at all? A couple of weeks ago, a conversation on top of a mountain opened my own eyes a bit around areas where I might need to be more curious, and here’s some of what I’m learning.
GAN Accelerators, AlphaLab and AlphaLab Gear are set to host the very first GAN Momentum Tour, set for Pittsburgh in early September. But before they do, they gave us some insights on why they’re a host location and how the startup ecosystem in and around Pittsburgh has continued to boom in the Steel City over the last decade.