Midwest
other on 10 shows · 22 statements across 20 episodes
Innovators & Investors 
My First Million 
the Paul Morris Podcast 
the Startup Ideas Podcast 
Capital Allocators 
Catalyst 
Top Founders 
How I Built This 
the a16z Podcast 
20VC
22 statements about Midwest, every show
Morris: US home sales rose only in Northeast, falling across other regions
“Month over month, sales rose only in the Northeast, being up by just over two percent, while the South fell just over, it fell just over three and a half percent. The Midwest fell about three percent, and On the west, it fell just over one percent.”
Morris: Midwest Existing Home Sales Jumped 6.4% in May
“Sales rose in the Northeast, the Midwest, and the South.
The Midwest jumped 6.4% in a single month.
The only region that didn't rise was the West, and the West was pretty much flat.”
Nassif: Mrs. Meyer's early Midwest rollout failed before succeeding on coasts
“That's why when we started Mrs. Meyers, we just went after market after market, and we just chipped away. We went to, we tried the Midwest, that was a disaster, so we just chipped away. New York, Atlanta, big major markets that would be so much more accepting.”
Dye: Data center development is increasing across Ohio, Minnesota, and the Midwest
“There are parts of the country like Ohio and Minnesota, And some other areas in the Midwest that are really starting to see a lot more activity as folks are looking for some alternative solutions in the sense that like, hey, this is actually a cost effective p…”
Van Trump: Midwest farmland is being rapidly bought for data centers
“We're seeing a big push through the Midwest on companies wanting to build these massive data centers really through the glut of the Midwest. And we think it's kind of like Cushing's Oklahoma, where we store our oil. Now we think data is going to be kind of the…”
Summe: The US Midwest presents an undercapitalized investment arbitrage opportunity
“We think the Midwest is undercapitalized. We believe in that. We think there's an arbitrage opportunity as a lot of US industry sits here with not a lot of the capital.”
Summe: Midwest startup advantage is customer proximity, not cost savings
“And I think it's way beyond cost benefits of not being on the coast. It's really more around being closer to your customer. So much of us industry sits right here in the middle of the country. And when you're a startup moving to growth stage on the coast, some…”
Kann: Heat pump penetration is much higher in Southeast than Northeast or Midwest
“Cause you know, heat pumps are, they have much higher penetration already in places like the Southeast where they're predominantly used for cooling than they do in like the Midwest or the Northeast where you need a lot of heating.”
Geothermal cuts home heating operating costs to one-fifth of fossil fuels
“If you look at, for example, in the Midwest, comparing using a fuel to using geothermal, your operating costs, so how much you have to actually spend to heat your home, it's maybe a fifth with geothermal. It's similar in the Northeast, and emissions-wise is si…”
Kozinsky: Enduring Ventures evaluated a Midwestern scaffolding firm at 4x EBITDA
“And the one we looked at in, in in the Midwest was doing about Four million of EBITDA. We could have bought it at, what was it Xavier? Maybe four times EBITDA at the time?”
Garfinkel: Midwest Startups Cost 33% Less to Build, Adding 1x Return
“The beauty of being in the Midwest and focusing primarily on Midwestern companies is that it takes about a third less dollars to develop the company in the Midwest because salaries, rent, vendor costs, just all those things all combined. You basically get an a…”
Foster: Midwestern companies generally lack the ambition found in Silicon Valley
“Having operated inside of Silicon Valley, like We've tried to sort of borrow some of the ambition that you find in companies there. Like, I think you don't necessarily get that in the Midwest.”
Poncia: Converting Midwestern row crops to pasture could feed US meat demand
“If we converted that land back to pasture land, perennial pasture land, we could grow probably enough meat for the entire nation. It is possible.”
Girotto: Midwest farmland management is primarily about excess water drainage
“So most of farms in the Midwest, we focus primarily on non-irrigated farms. Are about managing too much water, not managing too little water.”
Marc Andreessen: Tech skill gap stems from lack of opportunity, not worker inability
“I think it's a coastal conceit that the problem is these idiots can't Keep up with the change. I don't think that's the problem. At least that was not the problem I experienced when I was there. The problem was, it was not a question of the rate of change. It …”
Shaka Senghor: Crack cocaine arrived in Detroit around 1986
“Crack first kind of hit the Midwest in Detroit, in 1986 or so”
Oetting: Midwest Founders Prioritize Unit Economics Due to Capital Constraints
“If you're starting a business in the Midwest, you probably had to think a lot about this because it was very expensive for you to raise money, and so you probably thought a lot more about it.”
Dorsey: Midwest tech startups must grow executive talent internally or import it
“You've got a smaller pool of software executives in the Midwest. And as a result, you have to either grow your own or pull them in from other parts of the country.”
Drive Capital is the only venture firm with scale in the Midwest
“We have drive capital in Columbus, which is excellent and a great team. They're putting meaningful capital to work in the Midwest, but really outside of drive, we have very little scale of capital and that makes it more challenging for our company.”
Startup Drugs' top markets were outside major tech hubs
“Our highest performing markets actually are nowhere near the startup hotbeds. It's actually people, you know, we have a lot of business in Midwest, a lot of business in Florida, a lot of business coming out of areas that don't, you wouldn't traditionally assoc…”
Lilly: Midwest mobile home parks generally trade at roughly a 10 cap
“Well, yeah, I would say for the Midwest, probably a 10 cap, just multiply the NOI by 10.”