EQ Print Issue 2: Next Big Thing
- Visitors
Since we launched eight months ago, EQ has focused on taking the pulse of St. Louisβ startup scene: Where it is now, where itβs going, what our startups are getting and what they really need. At the same time weβve been looking at the investor community, identifying information and resources we can provide to St. Louisans who have a vested interest in pushing our region forward.
One conversation we frequently have involves both of these communities: funding gaps. Itβs well known by startups and investors alike that the gaps exist, and by addressing them, we can enable our most promising startups to continue building their companies in St. Louis. In this issue, we ask 10 VC and private equity fund leaders to share their insights and advice. Weβve also compiled a snapshot of what the current funding climate looks like in St. Louis. If youβre a potential investor looking for a lay of the land or a startup looking for a comprehensive list, let this be your starting point.
While capital is a primary focus for our startups, there are other transformative challenges facing our cityβs founders. Take Need/Want, a product design startup based Downtown that had a make-it-or-break-it production moment this past year that might have derailed a less resilient group. The companyβs ability to overcome even the most daunting challenges is a lesson for us all.
Another recent source of inspiration was delivered by St. Louisβ own Sam Altman, president of Y Combinator. In his interview with EQ, he points to accelerators as centers of gravity for growing ecosystems. With that in mind, we share the success story of Capital Innovators, St. Louisβ first accelerator program and a clear center of gravity for so many local startups.
As the the region develops new centersΒ of innovation, including Downtown St. Charlesβled by Randy Schilling and his incubator OPO Startupsβand new initiatives like BioSTLβs Global STL, focusedΒ on connecting our ecosystem with those around the world, we borrow a phrase from our friend, Travis Sheridan:Β St. Louis is gifted. And though giftedness does not mean we arenβt still going to face challenges, the potential we see in our community to overcome challenges is just as promising.
Hereβs to an exciting 2016. Weβd love to hear what you see coming up next for our community. Reach out to usΒ at [email protected].
Kelly Hamilton
Co-founder & Managing Partner