Washington DC has become a major hub for the venture community. Some reports predict that more money will be invested East of the Mississippi than West of the Mississippi -, which seems astonishing for many.
Ted Leonsis, Chairman and CEO ofMonumental Sports & Entertainment, was a keynote speaker at the 2014 Mid-Atlantic Growth Conference, where he discussed why Washington DC has become such a strong venture community.
Mr. Leonsis has had an extremely eclectic career. He was vice chairman and president at AOL, as well as a prolific entrepreneur and innovator. He serves as chairman and majority owner of Monumental Sports & Entertainment, which owns the Washington Capitals (NHL), the Washington Wizards (NBA), the Washington Mystics (WNBA), as well as the Verizon Center. He has also been previously honored as Washington’s Businessman of the Year, Washingtonian of the Year, one of the 20 most influential people in sports, and one of the top 10 entrepreneurs of the year.
The Corporate Growth, Capital Style editorial team was able to capture Mr. Leonsis’ keynote presentation at the 2014 Mid-Atlantic Growth Conference on video. In part one of the presentation, he discusses the area’s changing infrastructure and how it benefited his business, the importance of retaining university graduates, and the regulatory environment.
Here is what Mr. Leonsis had to say:
Check back in the coming weeks for the rest of Mr. Leonsis’ speech, as well as additional video coverage from the Mid-Atlantic Growth Conference.