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The Triangle Startup Scene: Yes! You Can Get Involved!
May 25 @ 7:30 AM- 9:00 AM$25 - $30
The Stanford Alumni Club of NC’s second quarterly breakfast presentation will be a panel discussion of the robust startup scene in the Triangle.
Startup activity in North Carolina, and the Triangle in particular, has increased dramatically over the past few years. In 2016, the Council for Entrepreneurial Development (CED) reports that over 154 North Carolina startups raised investments totaling $806 million. 104 of those companies were located here in the Triangle. During 2016 alone, there were two IPOs and 38 acquisitions/mergers which provided substantial returns to the startup teams and their investors, too.
Startups play a vital part in the U.S. economy, bringing innovative new ideas, solutions and offerings to countless markets, and in some cases, creating totally new markets. Job creation also makes being a part of a startup so attractive to founders, teams, and certainly investors. You don’t need to be a founder, employee or venture capitalist to get involved. Individuals willing to share their expertise and contacts can be invaluable to a fledgling startup. Likewise, individual investors as “angels” can play a critical role helping startups get off the ground. But finding the “right” startup to get involved with can be a challenge if you aren’t “plugged in” to the local startup scene.
This panel, moderated by Victor Varney, the club president, is made up of three experts who will share their perspectives on the Triangle startup scene:
- Jay Bigelow is Council of Economic Development’s director of entrepreneurship
- Elaine Bolle is director and past president at RTP Capital Associates, an angel investor group
- Stephen Clossick is the fund manager at Triangle Angel Partners, a group of angel investors