Atlanta and Southeast Getting More “At Bats” for VC Investments

Mark Buffington, CEO at BIP Capital, one of the premier investment firms in the Southeastern United States discusses the firm's inaugural "The State of Startups in the Southeast™” report. 

Mark Buffington, CEO at BIP Capital, one of the premier investment firms in the Southeastern United States discusses the firm's inaugural "The State of Startups in the Southeast™” report. 

The real key to growing more venture opportunities is getting more at bats. A little more than 10 years ago, the majority of the most “solid deals” were generally confined to the West Coast. Think Silicon Valley. However, as that investment marketplace continued to grow more and more competitive with each passing day, venture capitalists started to turn their attention to second-tier innovation cities. But that doesn’t mean they’re second-class citizens. These cities are building world-class companies.

Within the last decade, the Southeast as a whole has seen a maturation within its start-up ecosystem. Investments in seed- and traction-stage companies are flowing, and there appears to be a clear focus on building the necessary infrastructure to support funding to grow global enterprises.

For example, in a city like Atlanta, your batting average as an investor is going to be higher, but maybe the magnitude of your wins is not going to be as large. However, if the region’s growth and investment opportunities continue on the same upward trajectory, the home runs will quickly begin to tally. 

This week in In Process (Trusted Counsel's bi-weekly podcast show), Mark Buffington, CEO at BIP Capital, one of the premier investment firms in the Southeastern United States, discusses the firm’s inaugural “The State of Startups in the Southeast™” report. The research delivers a comprehensive overview of the venture capital and start-up ecosystem in the region by taking an in-depth look at activity throughout nine states in the southeastern United States during the time period Jan. 1, 2012–Aug. 31, 2017.

“If you want to build a world-class innovation ecosystem, the capital base has to be local,” said Mark. “In Atlanta, there is a ground swell around innovation and leveraging technology which is the result of state, academic and business leaders willing to make investments in incubators and capital aggregation programs as well as developing and attracting world-class talent. The groundwork is being laid for Atlanta to be one of the top innovation centers in the country.”

During the course of the podcast “Atlanta and Southeast Getting More ‘At Bats’ for VC Investments,” entrepreneurs and investors will learn about:          

  • Emerging trends impacting venture capital and start-ups in the Southeast
  • Why investments are shifting to later stages  
  • How the venture asset class is democratizing
  • Best practices for entrepreneurs and investors to work together
  • The qualitative and quantitative assets needed to build a sustainable, market leading innovation hub

Stream the conversation with Mark in the player below to learn about entrepreneurial growth and future investment opportunities not only in Atlanta but also throughout the Southeast. You can also subscribe to In Process on iTunes to receive this episode as well as future updates from the show on your smartphone.