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VCs and fulltime angels bring a lot more than just money to the communities they invest in. You can get just about any wealthy person to part with some small portion of their wealth to put into risky investments, but these people don't contribute back to the ecosystem. They also meet a ton of press.
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The newly inaugurated base, “ Japan Innovation Campus,” is set to host offices for five startups, providing them with a dedicated space to operate. Around 50 venture capital and other companies will also utilize the coworkingspace within the facility.
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It needs a couple of successful exits, which in turn drives angel investing as entrepreneurs growing increasingly wealthy look to help new founders building companies reach their own goals. It requires accelerators and incubators and coworkingspaces to help nurture early ideas, and it needs VC firms investing across stages.
When covering a story of a mishandled altercation between members of The Wing that involved issues of race, Jezebel referred to The Wing as “a glossy women’s coworkingspace we keep having to write about.” I want every company I invest in to be a great working environment, and if it isn’t, tell me what I can do about it.
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