(Photo by Flickr user Stephen Brashear, used under a Creative Commons license)
When Scott Case is asked by eyebrow-raising founders why he started a tech company in Washington, D.C., his position is pretty clear: He truly believes in the area’s potential for startups.
The president and COO of upcoming business travel startup Upside, as well as the founding CTO of Priceline.com, made his point in a LinkedIn post last week.
“DC isn’t New York City, and we’re not Silicon Valley. And we don’t want to be,” Case wrote. “We are focused on being the best that DC can be by leveraging the kinds of connections and network that is the capital of our capitol.”
Case mentions how the District is part of Steve Case’s (his brother) “Rise of the Rest” concept, specifically referring to how it joins a number of communities around the country proving themselves as reputable locations for startups. Scott Case also points to Steve Case’s new book, The Third Wave, as describing the tech startups that are “changing the way we view and use education, health, food and government services.”
In addition to giving a shoutout to incubator 1776 and the “energy and opportunity for entrepreneurs” he sees there, he recognizes tech companies like Quorum Analytics, Social Tables, Aquicore and TrackMaven for setting the startup atmosphere in the city.
— Jade Floyd (@JadeFloydDC) June 6, 2016
The numbers he brings up also support him — according to PwC, venture capitalists invested more than $1.4 billion in D.C. tech companies in 2015, with startups having the highest number of deals at 84. Back in 2010 there were only 46 deals.
The Kauffman Foundation also ranked D.C. No. 1 in a recently released “Growth Entrepreneurship” report.
MACH37’s spring 2019 accelerator cohort includes these 6 cyber startups
Remodelmate closes first investment round, raising $525K
The Happied app is looking to provide everything you need to know about DC happy hours
This fast-growing SaaS company aims to be a force for change in the energy industry
HawkEye 360 announces the release of its first product
Flight Centre Group is now the largest shareholder in Upside Travel
On the Market: These 5 tech startups are hiring in the DC area
Hear from the privacy pros at Security by the Schuylkill
Sign-up for daily news updates from Technical.ly Dc