Home BloomBites Bloombites: Supporting Local Businesses into 2021 | 12/16/2020

Bloombites: Supporting Local Businesses into 2021 | 12/16/2020

by Neal Bloom
Well, that’s a wrap. 2020 that is. Can’t say much more than what’s been said about the year as a whole, but looking under the hood, OC has a lot to be proud of.
We continued supporting our startups in an upside down world – many of our companies gained due to the economics of digitization, while a lot faced some real tough times. While we largely persevered, we also saw that we cannot discount the power of community. Our businesses need us and we need them to survive to keep our local economies strong. I’m looking forward to a 2021 where we learn to balance. Balance the roles that can be done remotely and value the roles that can’t.
We come into the end of the year with some continued news like Ingram Micro getting a huge buyout. Here’s hoping we maintain our talent locally from this. We’re also seeing our local venture funds continue to invest locally in great deals like Okapi and The Cove Fund. Our local service providers also stepped up in helping us continue doing what we need to do like tech providers Cox Business and more. Here’s to our companies’ successes, to yours, and to a very Happy Holidays!
Cheers,
Neal

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