Since leaving America Online in 2003 after its merger with Time Warner, AOL co-founder and former CEO and chairman Steve Case has turned to venture capitalism.
His firm Revolution, based in the Washington, D.C., area, is specifically focused on backing entrepreneurs across the U.S. in places other than the traditional startup hubs of Silicon Valley, New York and Boston. Geographic inclusion has become a passion for Case, who was born in Hawaii a year before it became a U.S. state.
Between 2014 and 2020, Case and the Revolution team completed eight bus tours visiting 43 U.S. cities to meet startup founders, investors and other innovation ecosystem builders. At each stop, they held a pitch competition and invested $100,000 in the winning startup.