A recent phenomenon is thesubstantial amount of technology-related venture capital fueling Atlanta’sstartup scene. Venture capital andtechnology firms were once anchoredin Midtown near Georgia Tech, butthey now extend from Midtownthrough Buckhead, up Georgia 400to Alpharetta, creating an economiccorridor through the city. AtlantaTech Village’s formation bridged thegap, and its success exemplifies howthe city can support both the financing and growth of new ventures. Thecombination of finance and venturecapital for fintech and other technology-related businesses promises tremendous potential for the future, andwe have these systems in place, readyto perform. Ecosystems like this areonly present in a handful of U.S. cities,and they take decades to evolve.city has retained its wealth creators.Entrepreneurs who build their fortuneshere often choose to reinvest and keeptheir wealth in the town. They becomecommunity leaders. This speaks volumes about Atlanta’s cultural fabric,high quality of life, and vision of ourlocal leaders.Financing commerce in its manyforms leads to great wealth— not justAtlanta’s Enduring Appealfor a select few, but for many. WhenAtlanta also boasts another unique banks loan money, they create money.situation: over the past century, theWhen investments are made, the ratio-62JAMESSEPTE M B E R/O C TO BE R 2 0 2 4nale is that more money will be created.When wealth is created, we all benefit.The city’s appeal goes beyond being aplace to amass wealth; money made inAtlanta often stays in Atlanta.No other country views successfulbusinesspeople with such high regardas America. As the late editor and journalist Lewis Lapham alluded, moneyin America has transformative power.It might seem obvious, but it bearsrepeating: finance and wealth are thesame. Atlanta and its greater metro-
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