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✍🏽 Welcome to Landon’s Loop: your weekly read on Chicago startups!

In this week’s edition #127:

- Reflecting on Drive Capital’s Annual Summit

- Chicago make list of top 10 funding markets for first time

- 8 tech events in Chicago this week

Building Between the Coasts: Reflections from TAM

Last week I was in Austin for our firm’s Annual Summit, which we call TAM (The Annual Meeting)

Our goal was simple: bring together top founders, investors, and LPs building between the coasts under one roof.

The Heartland is vast. Its scale can make it harder to find the right partners, especially from afar. Yet that same scale represents a multi-trillion dollar economy waiting to be connected.

As AI reshapes industries from manufacturing to healthcare, the biggest impact will be felt in places where those industries live: between the coasts.

Innovation isn’t tied to one city.

What We Heard

We hosted an incredible lineup of speakers who highlighted just how diverse and powerful our regions are:

Mark Suster from Upfront Ventures spoke about why Los Angeles has become a hotbed for aerospace innovation.

Zachary Mears, SVPo f Strategy & Growth at Anduril, explained why their company chose Columbus as the home for its next-generation manufacturing plant, the largest of its kind.

Ed Hallen, who co-founded Klaviyo, shared lessons on why relentlessness separates the founders who succeed from those who do not.

I also led a panel with Alex Cohen, founder of Hello Patient, on founder-led storytelling. My core argument was the internet has no geography. Distribution doesn’t depend on your zip code.

We discussed how the internet is the great leveler for founders outside SF and NYC to share uniquely grounded stories.

What I Took Away

My favorite part of TAM wasn’t the stage, it was the hallway.

Seeing our entire portfolio in one place was energizing.

At Drive, we invest at every stage, from pre-seed to pre-IPO. So bringing our founders together and letting early CEOs learn from later-stage operators, and vice versa is what made it feel so special.

Building between the coasts is rewarding.

And after a week in Austin, I’m more convinced than ever: the future of innovation will be written in the Heartland.

📊 Chart of the Week

Company building is more than raising money. Founders should always optimize for building where their customers are and where they have an edge in talent.

Still, it’s great to see Chicago make Carta’s top 10 funding list for the first time ever.

Become An AI Expert In Just 5 Minutes

If you’re a decision maker at your company, you need to be on the bleeding edge of, well, everything. But before you go signing up for seminars, conferences, lunch ‘n learns, and all that jazz, just know there’s a far better (and simpler) way: Subscribing to The Deep View.

This daily newsletter condenses everything you need to know about the latest and greatest AI developments into a 5-minute read. Squeeze it into your morning coffee break and before you know it, you’ll be an expert too.

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📆 This Week’s Chicago Tech Events

AI in B2C Marketing

1 Million Cups

Chicago Data Night: Haifeng Xu (UChicago)

  • Hosted by Drive Capital and UChicago Data Science Institute

  • Wednesday

Nucleate Chicago: Activator Virtual Info Session

Consumer Chi Coffee Club with MFD and JP Morgan

Governance for Hardware Startups

WCXO INSIGHTS: AI Infrastructure for Financial Services by Supermicro & NVIDIA

PROJECT PYGMALION HACKATHON

  • Hosted by SimCare and Drive Capital

  • Saturday

🗞 Previous Newsletters:

👋 See you next week!

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