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benslavin

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benslavin
·2 ปีที่แล้ว·discuss
Some people may be moving away from us-east, but new datacenters are going up. That wouldn't happen unless someone thinks there's growth ahead.

As for "not actual tech talent," I don't agree. There's talent from Richmond to Baltimore. But something is missing, which was the point of my original post in this thread... a mindset shift could be impactful.

For the tech titans, it's not a complete list, but I used it as a shortcut. There are companies on there you may have overlooked (Rocket Money, Optoro, Alarm.com)

Maryland has companies across edtech, health tech, bio/pharma, hospitality, and cyber (not enumerating since many aren't household names, though Marriott is).

NoVa has regional/global HQs for Amazon, Capital One, CustomInk, E-Trade, Google, Iridium (and several other satellite companies), Mars (the candy people), Microsoft, Nestle, Rolls-Royce, USA Today (and Gannett), and Volkswagen.

DC itself is largely focused on gov and gov-adjacent companies, but the community is rebuilding. There are still people pushing tech forward here.

I'm not affiliated with either but DC Tech has a meetup Wednesday, and TEDXMidAtlantic happens Saturday. Sounds like you might not live here anymore but, if you're at either, I'd love to say hi and continue the conversation.
benslavin
·2 ปีที่แล้ว·discuss
Completely agree those lists are pay to play, but they also include some cool companies that underscore my point.

Rocket Money (nee True Bill; Silver Spring) is fintech. Optoro (Bethesda) is retail supply chain. Alarm.com (Tysons) is home security. FrameBridge (also Tysons) is home goods. (Beyond that, you've got companies like Mapbox, ID.me, Opower, Motley Fool, and Capitol One.)

Cvent - agreed on causation, but don't agree that it's government focused. The US Government spending is something like 1/3 of GDP. It has massive ability to influence policy and national investment. It makes sense that non-profits, associations, and others would congregate in the DC region. It's why we have at least 2 nuclear fusion companies based here (one of which has a freaking rail gun in Chantilly).

I should really do the math, but it feels like a significant portion of the Fortune 500 have "more than just lobbying" footprints within ~25 miles of DC.

On hiring I agree that it can be hard, but I do still see cool small companies in the "#DCTech" scene. I think there's talent out there that could be moved to companies doing interesting impactful work.

As for data centers, I'll concede that point. I almost omitted it originally because I couldn't connect the dots either.... I should have.
benslavin
·2 ปีที่แล้ว·discuss
Having lived in the DC area for almost two decades, I don't agree. There are absolutely pockets that match your description but, if that's all you see I think you might be stuck in a bubble. I see so much more. There are cool companies that have been and are being built here (I was going to list them, but the Washingtonian "DC Tech Titans" list has lots of good examples), many not B2G... and people who still have 'the spark' (and many more who I think could rekindle it).

There's also a hugely educated workforce, many of whom don't love their daily grind (hiring opportunity). There's a creative community in DC and even more so if you include the greater DMV or mid-Atlantic. A ton of compute and infrastructure (including us-east-1) is based here, which has its own benefits for businesses.

In my opinion, one of the things that would benefit the region is a less conservative (read: more risk-tolerant) investment community. YC isn't the only way to get that done, but I think it would be a helpful catalyst.
benslavin
·2 ปีที่แล้ว·discuss
There's still movement in the region. Anzu-Green today announced a $100 million fund [1] and two weeks ago Andreessen Horowitz announced they're opening a DC office this quarter [2].

Both seem to be targeting B2G investments.

[1] https://finance.yahoo.com/news/dc-tech-lobbying-shop-raising... [2] https://www.bizjournals.com/washington/news/2024/05/22/andre... (sorry about the paywall, but it's the original reporting)