Louisville entrepreneurs sometimes look with envy at startup scenes in cities like Columbus, which reportedly has a less risk-averse investment community. It seems to be true, but how did Columbus entrepreneurs convince their investors to loosen up? Let’s hear it from the horse’s mouth at the next Venture Connectors Luncheon on Wednesday, Aug. 3.
Ned Schwartz is a partner at Columbus, Ohio’s Drive Capital, a private investment firm that works with innovative entrepreneurs. Drive Capital was the equity firm that lured Beam Technologies to Columbus from Louisville in 2014.
According to the Venture Connectors newsletter, “Schwartz will discuss why Drive Capital believes the Midwest region is the best place in the world to build a business and how entrepreneurs can grow strong companies in Midwest communities like Louisville. He will also share what Drive Capital partners look for in a company, as well as examples of businesses that make Louisville and the Midwest region a major hub of entrepreneurial growth.”
Schwartz invests primarily in healthcare IT and services. According to the release, “Schwartz got his start as an investor after making copies for the Google IPO as an intern at Credit Suisse.”
Drive Capital originated in Menlo Park, Calif. but moved to Ohio in 2014. They’ve been focused on supporting primarily Midwest startups and businesses ever since.
Venture Connectors meetings are held on the first Wednesday of each month at the Muhammad Ali Center, 144 N. Sixth St. Doors open at 11:30 a.m., and the meeting runs from noon-1:15 p.m. Registration is required at: www.ventureconnectors.org. Members attend free; associate members pay $30. Guests who register online by noon the day before the lunch pay only $40.