The tech-training and incubator company Bitwise, based in Fresno in California’s agricultural Central Valley, has been an important test case for the proposition that new, valuable, job-creating and wealth-expanding businesses can arise anywhere, not just in the few familiar “superstar” cities.
Deb Fallows and I have written frequently about Bitwise since first visiting its (then-tiny) headquarters five years ago. For instance, two reports from 2015 (here and here) explain why it’s worth taking “left behind” places like Fresno seriously as future economic hubs, and this one, from 2019, covers how dramatically Bitwise’s operations have expanded in its brief history.
Jake Soberal and Irma Olguin Jr., co-founders of Bitwise (Courtesy of Bitwise)
Last week I spoke with the two co-founders of Bitwise, Irma Olguin Jr.