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News from Detroit

Gilbert's $1.5 million contributions back Venture for America fellows

Few people that we know spend money, and lots of it, more wisely than Dan Gilbert. This short announcent by Venture for America says it all. An excerpt:  

Last week, the Quicken Loans chairman and founder continued his quest to remake Detroit, with the goal to "turn downtown into a high-tech hub, where young entrepreneurs both live and work." He took another step toward achieving his goal by announcing a $1.5 Million pledge to Venture for America to continue sending our talented and enterprising Fellows to Detroit and Cleveland over the next five years. Already, he’s pumped about $1 billion into the city to acquire almost three million square feet of real estate.

Not bad at all. See it all here.
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