Your current web browser is outdated. For best viewing experience, please consider upgrading to the latest version.

Donation - Other Level

Please use the quantity box to donate any amount you wish. Sign Up to Donate

Contact

Send a question or comment using the form below. This message may be routed through support staff.

Email Article

Password Reset Request

Register


Add a topic or expert to your feed.

Following

Follow Experts & Topics

Stay on top of our work by selecting topics and experts of interest.

Experts
Topics
Project
On The Ground
ERROR
Main Error Mesage Here
More detailed message would go here to provide context for the user and how to proceed
ERROR
Main Error Mesage Here
More detailed message would go here to provide context for the user and how to proceed

Manhattan Institute

search
Close Nav
Share this commentary on Close

Steve Case And Elon Musk: Tech Titans Who Bravely Venture Into Fly-Over Country

commentary

Steve Case And Elon Musk: Tech Titans Who Bravely Venture Into Fly-Over Country

Forbes December 8, 2017
Energy & EnvironmentTechnology / Infrastructure
OtherCulture & Society

Case’s new fund focuses on the geography of fly-over states, where the US extracts, grows, makes physical stuff; credit Musk for his full-throttle focus on what is, for Silicon Valley, a kind of virtual fly-over country of physical technologies anchored in atoms and hardware, not bits and software.

What do Elon Musk and Steve Case have in common? Both are tech billionaires and capable of generating headlines about anything. Both – like another billionaire, now POTUS -- have put so-called fly-over country back in the news.

Even in the digital age, physical stuff still matters.

Note that we’re not including Mark Zuckerburg, who is wealthier than all the aforementioned combined. While Zuckerburg’s excursion this past summer to 30 heartland states generated media buzz, it’s Musk and Case that are actually doing something beyond visiting fly-over land to tease out the forensics.

Start with Steve Case and his new $150 million venture fund, Rise of the Rest, focused on start-up companies not located on the coasts. The fund’s star-studded list of investors -- moguls from all political dogmas and business domains -- was just unveiled following a multi-city Rise of the Rest bus tour. Case’s partner in the venture, J.D. Vance, author of the acclaimed book Hillbilly Elegy, recently left Peter Thiel’s Silicon Valley venture fund for Columbus, Ohio, to run Rise of the Rest. (If you read Elegy, you might divine some hint of future political aspiration in all this too.)

So what’s worthy of interest in fly-over country? Obviously there’s the oft-noted reality that smart and motivated entrepreneurs live everywhere and that the heartland is “underserved” by risk, i.e., venture, capital. But the singular interesting feature of fly-over country? That’s where we find the vast majority of all businesses and people engaged in extracting resources, growing stuff, and manufacturing pretty much everything.

Read the entire piece here at Forbes

______________________

Mark P. Mills is a senior fellow at the Manhattan Institute and a faculty fellow at Northwestern University’s McCormick School of Engineering. In 2016, he was named “Energy Writer of the Year” by the American Energy Society. Follow him on Twitter here.

Photo by Mark Brake / Stringer
Saved!
Close