If you are focusing on JumpStart you are focusing on the wrong thing
If you're spending a lot of time talking about JumpStart and how they are spending their fund, you're focusing on the wrong thing.
For those out of the loop, there's a town-hall style meeting tonight where apparently the Cleveland community is going to "lash out" about how JumpStart, a local Cleveland start-up incubator, is spending their fund. However, everyone is completely missing the real point, Cleveland only has one incubator with a legitimate fund.
This is a big problem for Cleveland. With a nationwide start-up talent crunch and, a looming drought in applications to all incubators, Cleveland is becoming less and less competitive nationally. We simply cannot compete against YCombinator, Capital Factory, Tech-Stars, Founders Institute and, Sand Hill Rd.
If we can't compete for new, exciting and innovative start-ups then we wont be able to compete for top start-up talent. This will continue to rapidly degrade so long Cleveland is a one-trick pony. Cleveland needs a plethora of legitimate funds. Then, if one fund is "flaking", the "market" will take care of itself. A lot of funds means a lot of start-ups and, we become more attractive on the talent market. No different then in the Valley, New York City, et-cetera.
So please stop talking about JumpStart and start figuring out how we can get more incubators, accelerators and investment firms funding start-ups in Cleveland.