“There’s no question that there are two Americas,” Steve Case, AOL founder turned VC and entrepreneurship advocate, told me in an interview last week. “There’s the America where entrepreneurship is celebrated and supported. Places like Silicon Valley and Boston. And there’s the rest of the country where the culture tends to be kind of risk averse.” While Silicon Valley continues to dwarf other regions around the world in terms of venture capital investments and successful exits, Case is placing his bets across the rest of America, on what he calls “the rise of the rest.” I asked Case about this strategy, about his investment interests with his firm Revolution, and about his role as perhaps America’s most prominent advocate for startups in Washington. An edited version of our conversation i…
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