We’ve bred “serial pitchers” who hit every contest in the Southeast circuit from Nashville to Atlanta. They’ve honed their presentations to a high level, sound like the next big thing – and usually come away with some cash. But beyond a well-rehearsed pitch, they’ve got a weak product – one whose weaknesses are not readily exposed in a five-minute demo presentation.
In this 17th episode of Rich Conte’s TechLife Podcast, Rich and Paul discuss the rapid expansion of Charleston as hub for emerging businesses and tech ventures. Paul also offers his unique take on what makes Charleston a boom versus bust in the making.
As a profession, we must continue to educate existing and future entrepreneurs to our function and value – especially in the startup phase of a business. We cannot wait until businesses are established before we approach them as potential partners. DIG SOUTH, The Harbor, The Charleston Digital Corridor and others in the region have stepped forward to help young businesses develop. We must act as fellow venture capitalists ourselves, assume some risk and help propel our budding clients’ businesses forward.