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California should learn from Michigan, investor says. Wait, what?

A high-profile Californian venture capitalist is envious of Michigan.

Yes, you read that right.

Tom Baruch, founder of $1.2 billion San Franciso venture capital firm CMEA Capital, is fed up with California’s lack of governmental support for innovative businesses — and he believes Michigan’s model is worthy of replicating.

"There’s a lot going on in Michigan," Baruch told former Ann Arbor Business Review editor Ron Leuty, now a reporter for the San Francisco Business Times. "Now I’m not that close to it, but you see it more in programs and policies. They’re protecting small businesses, providing tax breaks — lots of breaks — and they’re providing worker training incentives."

Full Story: http://www.annarbor.com/business-review/california-should-look-at-michigan-wait-what-was-that/

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