[VIDEO] Inside Indiana Tech: Tech Momentum, Challenges and Opportunities, Venture Funding

Tech Town Hall with Gerry Dick from Inside INdiana Business

Indiana tech

If you have followed the Indy tech scene, you will recognize the name Gerry Dick who helps shine the spotlight on Indiana businesses through his Inside INdiana Business broadcasts. I have long admired Gerry’s ability to highlight others and encourage the ecosystem.

As part of a special broadcast, I was able to join the IIB crew at the Union 525 for a Town Hall Panel discussion alongside Chris Baggott (ExactTarget co-founder and founder of ClusterTruck), Danielle McDowell (Speakeasy executive director), and John Wechsler (Launch Fishers founder).

In the three part series of videos below, we cover a lot of ground across the current state of Indiana tech.

Part 1: Tech Momentum

Central Indiana has boomed as a technology hub in recent years. In this segment…

  • Tim Kopp talks about the compound effects of Indiana tech momentum.
  • Chris Baggott touches on the diversification of Indiana tech companies.
  • Danielle McDowell discusses the SpeakEasy’s non-profit initiatives merging the creative and tech industries.
  • John Wechsler calls attention to the explosion of coworking spaces as a sign of the larger entrepreneurial scene.

Part 2: Challenges and Opportunities

Indiana’s tech community has exploded, but not without its fair share of growing pains. In this segment…

  • Chris Baggott talks about articulating the vision for Indiana tech and how “success breeds success” in more traditional industries.
  • Danielle McDowell mentions the importance of doubling down and “beating the drum” on what’s working, especially with initiatives like Techpoint talent programs.
  • Tim Kopp expresses his relief at not having to partake in talent wars in the Midwest while acknowledging the ecosystem’s current talent gaps.
  • John Weschler emphasizes the importance of growing the “live-work-play” triad.

Part 3: Venture Capital and Funding

The Midwest venture capital scene is heating up and changing. In this segment…

  • Tim Kopp explains how Hyde Park Venture Partners has ramped up its Indiana investments and how the Next Level Fund will impact the state.
  • Chris Baggott touches on raising money from family and friends, the SAFE from Y-Combinator, the JOBS act, and the diversification away from MarTech in Indiana.
  • Danielle McDowell cites studies showing how diversity in tech leads to higher returns.
  • John Wechsler comments on the disconnects in the Indiana tech ecosystem and the need to find the state’s entrepreneurial edge.

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