Ohio

Venture capital slowly seeps outside of Silicon Valley

Adapted from Pitchbook; Chart: Axios Visuals

Venture capital investment is seeping out from Silicon Valley to the rest of the country, but the West Coast still dominates the market by a wide margin.

Why it matters: Venture capital investment can play a crucial role in building fast-growing, tech-based economies like those of the Bay Area, Seattle, Austin, New York and Boston. But VC investors don't typically stray outside those markets to look for the next big thing.

Inside Bloomberg's 3-state tour to court Trump voters

Michael Bloomberg talks to farmers in front of agricultural equipment
Photo: Getty Images

Michael Bloomberg's stops yesterday in Illinois, Minnesota and Ohio were packaged as jobs-and-economy appeal to Americans shortchanged by President Trump — but they provided broader insights into his unorthodox candidacy.

Why it matters: It was the first time the Bloomberg campaign offered the national press corps the opportunity to fly with him, allowing journalists to interact with him and observe his style with voters and staff.