TODAY’S QUESTION: Many people say that one of Tennessee’s biggest challenges is later stage funding for start-ups that benefitted from TNInvestco monies. Is that a reality? If so, how can we address the need?
David Belitz, Managing Partner, Chattanooga Renaissance Fund:
I do think the lack of later stage capital is real for Tennessee. However, I think the concerns are a bit overblown. If we build good companies, have good exits or just build big stable companies, the money will find us. I also think good entrepreneurs will find the money. It may not all be from Tennessee, but they will find it.
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