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Melissa Hughes: “85% of venture capital is living on the coast right now…”

Featuring: Melissa Hughes, Secretary and CEO of the Wisconsin Economic Development Corporation

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WisEye Morning Minute: Senate Hearing on WEDC and DWD Secretary Appointments

Published | Video Starts at 00:20

Senator Ringhan is serving on the Tech Caucus. Thank you for that. And you know that what we're seeing is 85% of venture capital is living on the coast right now, [in] Boston, New York, [and] San Francisco. And the other 15% is what we're fighting for along with the rest of the country. (00:20–00:26)

CLAIM

Asserts that 85% of venture capital is concentrated in coastal cities.

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PolitiQuote is a civic library index to statements made by politicians in publicly available video records. The index is created automatically from transcripts, with no editorial oversight or analysis. Highlighted quotes are selected by AI. Words may be added in parentheses to offer context for the quote. There may be errors in the transcription and display, so listen to the video to ensure accuracy.

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