Timothy Sprinkle

Screw the Valley


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      Copyright © 2015 by Timothy Sprinkle

      All rights reserved. No part of this book may be used or reproduced in any manner whatsoever without written permission except in the case of brief quotations embodied in critical articles or reviews.

      BenBella Books, Inc.

       10300 N. Central Expressway

       Suite #530

       Dallas, TX 75231

       www.benbellabooks.com

      Send feedback to [email protected]

      First e-book edition: January 2015

      Library of Congress Cataloging-in-Publication Data

      Sprinkle, Timothy.

      Screw the valley : a coast-to-coast tour of America’s new tech startup culture : New York, Boulder, Austin, Raleigh, Detroit, La s Vegas, Kansas City / by Timothy Sprinkle.

      pages cm

      Includes bibliographical references and index.

      ISBN 978-1-940363-30-1 (hardback)—ISBN 978-1-940363-54-7 (electronic) 1. High technology industries—United States. 2. New business enterprises—United States. 3. Computer industry—United States. 4. Entrepreneurship— United States. I. Title.

      HC110.H53.S69 2015

      338'.040973—dc23

2014028394
Editing by Erin Kelley Jacket design by Sarah Dombrowsky
Copyediting by Vy Tran Text design and composition by
Proofreading by Michael Fedison and Publishers’ Design and Production
Rainbow Graphics Services, Inc.
Indexing by JigSaw Indexing Services Printed by Lake Book Manufacturing
Cover art and design by Pete Garceau

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      Significant discounts for bulk sales are available. Please contact Glenn Yeffeth at [email protected] or (214) 750-3628.

      To Kristin, for making this happen,

       and Harold, for convincing me it was

       worth doing in the first place.

      Contents

       Introduction

       1

       Startup America

       2

       Detroit

       3

       New York City

       4

       Las Vegas

       5

       Austin

       6

       Kansas City

       7

       Raleigh-Durham

       8

       Boulder

       Epilogue/Acknowledgments

       Bibliography

       Index

       About the Author

      Introduction

      “Entrepreneurs embody the promise of America. The idea that if you have a good idea and are willing to work hard and see it through, you can succeed in this country. And in fulfilling this promise, entrepreneurs also play a critical role in expanding our economy and creating jobs.”

       —President Barack Obama, January 2011

      SHORTLY BEFORE his scheduled State of the Union address in January 2011, President Barack Obama, Treasury Secretary Timothy Geithner, and a group of leaders from the private industry set off on a road trip through the hard-hit upper Midwest—the socalled “Rust