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"Bankruptcy," says Bob Marsh, CEO of LevelEleven, one of Detroit’s new startups, “gives me hope in what’s going to happen next. For decades, those of us living here have seen mismanagement and corruption and the same pattern: a new mayor comes in with plans on how to fix things and yet they keep getting worse. A lot of people here have wanted this to happen. It’s time to take drastic measures so the city can correct itself. Someone’s finally willing to take a pivot here.”
Here’s why filing for bankruptcy may actually signify a positive turning point for Detroit.
And here is more on Detroit:
How A Young Community Of Entrepreneurs Is Rebuilding Detroit
Detroiters On How To Make It In Detroit
Detroit Is Going Bankrupt—But Its Tech Community Is Going Strong
Remaking Detroit: Can Creative Companies Save An American City On The Brink?
A Haunting Look At Detroit, Its Inhabitants, And Its Attempts At Revival
Meet The Makers: Rebuilding Detroit By Hand
Beautifully Mashed-Up Photos Show The Glory And Wreckage Of Detroit

"Bankruptcy," says Bob Marsh, CEO of LevelEleven, one of Detroit’s new startups, “gives me hope in what’s going to happen next. For decades, those of us living here have seen mismanagement and corruption and the same pattern: a new mayor comes in with plans on how to fix things and yet they keep getting worse. A lot of people here have wanted this to happen. It’s time to take drastic measures so the city can correct itself. Someone’s finally willing to take a pivot here.”

Here’s why filing for bankruptcy may actually signify a positive turning point for Detroit.

And here is more on Detroit:

  1. head-d0wn-eyes-up reblogged this from fastcompany
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  3. aboutfacesoulrace reblogged this from fastcompany and added:
    Promising. I send all the luck in the world to the Motor City.
  4. sliverdemon reblogged this from maneatingbadger
  5. armandojsanchez reblogged this from fastcompany
  6. strikeblr reblogged this from fastcompany and added:
    Best post on all of the Detroit Bankruptcy news yet.
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  15. jamesbedell reblogged this from fastcompany and added:
    Is it wrong that a big part of me wants to go to Detroit and open a studio and make things with light all day?
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