Why the Midwest Is a Hotbed for Innovation

The first thing you might notice about Chris Olsen’s profile on the Drive Capital website is the photo of his daughter crying in front of moving boxes.

That picture was taken the day Olsen and his family were supposed to move from San Francisco to Columbus, Ohio. Olsen had left his job at Sequoia Capital to take a risk with investor Mark Kvamme and co-found Drive Capital, a new venture firm based in the Midwest.

Nine months and 230 pitch meetings later, Kvamme called him and said that the major investor they were counting on had changed their mind and would not be investing in Drive after all.

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Story excerpt provided by Fortune.

Written by Polina Marinova.

Originally published November 15, 2019.