We Need More Entrepreneurs In Congress
As we come to the end of a particularly noisy and contentious election cycle, a thought echoes over and over in my mind – we need more entrepreneurs in Congress. As I continue to believe that innovation and entrepreneurship are the key drivers to our economic future, it’s frustrating to hear such little cogent discussion around it.
I recently got a call from a long time friend, Martin Babinec. Martin is running for Congress in Upstate New York (District 22) as an Independent. We met in 1991 when Martin had just started his company (TriNet – now a public company) and Feld Technologies (my first company) was a dozen people. We’ve been friends ever since and when he told me he was running for Congress, I smiled, gave him feedback, and listened to his reasoning.
He recently did a debate with his two other candidates at Colgate University. It was sent to me yesterday and I watched it last night in the background as I was grinding through email. It was incredibly refreshing after watching each of the presidential debates. Martin did a great job and reminded me why I think more people like Martin should be in Congress.
When I think of his background compared to the other candidates, and how he ended up running for Congress, it’s a powerful narrative. He moved his family back to his home town of Little Falls NY in 1999 to be closer to his parents (and his kids grandparents) and then commuted to Silicon Valley for 11 years while running TriNet. He saw first hand how the lack of new, innovative companies caused some of the best talent in Upstate New York to leave – and decided to do something about it.
In 2010 Martin started a non-profit called Upstate Venture Connect with a mission is to connect first time entrepreneurs in new industries with the resources who can help them across the entire Upstate NY region. He helped launch six seed capital funds, three college accelerator programs, the StartFast Venture Accelerator. He engaged deeply in his startup community and was one of the leaders.
When he called me about running for Congress, my first question to him was “why are you doing this?” He was clear – he’s frustrated with hearing politicians talk about creating jobs and then repeating the failed corporate welfare strategies of the past as they hope for a different result. His goal was to shift the discussion and resources towards fostering an environment that supports local innovative companies and a thriving startup community over attracting businesses to the region. Ultimately, he thinks – as do I – that this is the best long term approach to creating vibrant economies.
Rather than play into the existing political infrastructure in New York, Martin did what any great entrepreneur does and started a new political party. He’s running as an independent, having created the Upstate Jobs Party.
I hope Martin gets elected – I know he’d be a strong, thoughtful, capable, and disciplined member of Congress. He’s an incredibly hard worker, which I respect immensely. And he’s a critical thinker, capable of listening and learning about things he’s being exposed to for the first time.
District 22 covers a big area in the middle of Upstate New York (roughly Utica to just east of Syracuse and south to Binghamton.) If you are in this region, I strongly encourage you to support Martin Babinec for Congress!