Aether Systems Inc.

Why Baltimore is attractive to venture capitalists and high-tech startups

Gus Sentementes' recent article noted that Lookingglass Cyber Solutions, one of our region's technology companies, had received $5 million in venture capital from sources on both coasts ("To find investors: Go west, young startup — but come back," Feb. 12). This is no small feat, since less than 1 percent of all companies receive this type of funding.

Venture capital requires a perfect combination of strong management, a compelling product, a large market and little real competition — and, as Lookingglass CEO Derek Gabbard noted, good timing and luck.

The reasons 99 percent of companies aren't attractive for venture capital have less to do with where they are located...