E142: Mark Bakken, Wisconsin – Land of 10,000 High Growth Startups? – Interview

January 24, 2018


I like crazy big ideas. How about this one? Create 10,000 startups in the state of Wisconsin in 10 years, giving them each $300,000 for a total of $3 billion. The funding would come from the $100+ billion State of Wisconsin Fund ($300 million per year).

This idea (Wisconsin 10,000 Startups) is from Mark Bakken. We’ve had Mark on before. He’s the Founder and Managing Director of HealthX Ventures.

This is one of our first interviews for Flyover Labs focused on big ideas. The ideas that can and will impact your life. These ideas will also hopefully make you think about life and business in a new way.

I like this idea because it makes you think big, in a new way. Will it be hard to implement? Yes. We’re here to learn and explore how to make that happen and why it would be helpful to the world.

Some things we talk about:

-How would this idea be funded?
-How did you come up with this idea?
-Logistically, how would you implement the idea? Admin budget, how screen?
-How could all of these startups be managed?
-What’s the worst that could happen?
-Would it make sense to partner with companies, VC firms? if so, who?