Tech Start Ups REJOICE! There’s a little magic coming your way in the form of cash dollars!
Legendary NBA star for the Lakers and—Michigan State alum, Earvin “Magic” Johnson has announced he has joined a tech start-up VC group, Detroit Venture Partners, and will be infusing millions of his own personal dollars into Detroit-based tech start-ups.
Detroit Venture Partners primarily incubates and funds early-stage companies working on mobile apps, cloud computing, and social networking.
While the companies that built Detroit continue to build cars somewhere else—and occasionally take a government bailout—these are some corporate citizens at least trying to do something for a city on the verge of a major comeback.
Are you a tech startup? Have a great idea? Maybe you should take a second look at Detroit and Magic Johnson…it could put dollars in your pocket!