Cleveland sees more tech startups surviving the Valley of Death: Tech Czar Talk

Story excerpt provided by The Plain Dealer.

Written by Michael C. DeAloia.

The temperature isn’t the only thing on the rise in Cleveland, Ohio these days. The number of local startup tech companies that are overcoming obstacles is increasing too.

While it may not be as thoughtful as the Age of Aquarius or as provocative as the Summer of Love, Cleveland’s Summer of Startups could end up being historically significant. More and more of these fledgling companies are beginning to make strides through what the entrepreneurship world calls the Valley of Death, referring to covering negative cash flows of the company with investment.

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Originally published July 19, 2015.

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