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How Detroit’s automotive roots made it a hub for transportation startups

“Both the city and the automotive industry had to go through a hard reset that was like ripping off a Band-Aid” writes Ted Serbinski for venturebeat.com. Then, the automotive industry experienced a global industry crisis from 2008 to 2010.Thirty minutes away you can find RPM Ventures and eLab Ventures and, a little farther, Grand Ventures, all investing in mobility startups as well.Detroit and the automotive industry had two massive crises that forced a hard reset for both.
 
Source: venturebeat.com



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