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Life KC Startup Village Asked by KC Startup Village
4/15/2014

Which is more scarce in the Kansas City startup community?

27%
Talent

0

73%
Capital WINNER

2

27%
Talent

Which is more scarce in the Kansas City startup community?
0 Comment
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73%
Capital

Which is more scarce in the Kansas City startup community?
2 Comments
Timothy Gaull
0
Timothy Gaull

Talent follows capital as others have said and we have tremendous pools of talent locked into our corporate players. A lot of that talent would be unleashed if some of the startups could afford it.

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Jase Wilson
0
Jase Wilson

Having capital directly solves the talent problem because in worst case scenario you have the money to hire from elsewhere. Best case scenario you have the money to keep already existing talent from having to move elsewhere for employment. In general KC investors tend to favor mature sectors over growth sectors, traction over innovation, and defensibility over disruption potential. Worse, much of they city's investable wealth is tied up in destructive activities like payday lending. Even the groups who should be the most risk oblivious - foundations and state mandated investment vehicles - tend to find ways to seek comfortable places to park money over early stage ideas with enormous potential.

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