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Founders

Company

Flud

Detroit, MI 48226

Bobby Ghoshal

Where did you find your first employee?
At PayPal.

Have you promoted an intern to employee status, and if so how many times have you done it?
Not yet.

Where have you turned to find capital to grow your company and which institutions have provided it?
We were bootstrapped for one year, then we approached venture capitalists for funding to further our product development. We received seed funding in April 2011 from Detroit VCs, Detroit Venture Partners and Ludlow Ventures.

Name an idea, policy or mindset from elsewhere that you would like to see this region adopt?
To participate closely in the impending mobile/local/social boom.

What could local leaders do to help attract and retain more entrepreneurial young people to Metro Detroit?
Intelligent builders and creators are looking for the next great challenge and get bored quickly. To retain them, you've got to keep challenging them and let them find their strengths.

What are some of the advantages to doing business here?
The Detroit area has great universities, highly motivated people and a hard working community.

If you could change one thing about this region, what would it be?
I would to see a real entrepreneurship and leadership emergence with support of local money and local universities. Change almost always comes from the next generation, the younger people. If we can motivate those people and give them support, the region will blossom. Creating more specialized, vocational schools would also make education more meaningful for immediate market needs in tech, companies won't have an excuse to move to the coasts to find talent.

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