1- local Seed/A fund will leverage early success and scale into Series A /B fund. Always want the valley to follow on for signal and derisk future fundraise. But at least one Seed form will move up market.
2- someone is coming. ⬇️
.@JohnJTough’s prediction for #VC in #Chicago: we’ll soon see some big name funds setting up shop here, or spinout new firms altogether to get in on the action. #mHUB2Year