Andrew Dunlap
@andrewdunlap
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building the future of Virginia
Joined October 2009
📚 Virginia university retention rates: Longwood: 80% (in-state focused) Old Dominion: 76% (in-state focused) James Madison: 54% (mixed) Virginia Tech: 51% (mixed) UVA: 39% (national recruiting) William & Mary: 39% (national recruiting) Virginia taxpayers invest in educating
virginia.harbor.capital
Every year, billions in economic value flows out of Virginia. It's time to anchor American Dynamism at home.
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Nearly $740 million in student and visitor spending ripples through Central Virginia and beyond every year because of UVA. That number would be far higher if more of UVA’s graduates chose to live and work in Virginia. Right now, a large majority go elsewhere. If we cut that
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Peoples take on AI is almost certainly correlated to the amount of tokens they’ve consumed.
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Local Ownership vs. Out-of-State Ownership High-paying jobs stay local → Branch jobs, HQ moves away Tax revenue to Virginia → Tax leakage to parent state 100% of charitable giving stays local → 30% reduction in giving Local supplier networks → National consolidation,
virginia.harbor.capital
Every year, billions in economic value flows out of Virginia. It's time to anchor American Dynamism at home.
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The James Franklin hire… if you only think about the numbers. Virginia Tech's athletic department generated $161M in revenue last year. That ranked 7th out of 8 publicly available ACC budgets. The Board of Visitors just approved a $229M athletics investment over four years,
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I’m essentially a bird dog, I operate just like my Vizsla. I’ll be out on a run, disciplined, focused, doing my workout as prescribed. Then I see a “rabbit” to catch, and that’s the end of that.
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Someone asked me this week how we evaluate companies at Harbor. There’s a lot that goes into it: financials, market position, growth potential. But one of the most important factors? The culture set by the current owner. Leading by example is one of the greatest hallmarks of a
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Harbor closed on Clarke Precision Machine this week! A 60-year-old machine shop in Wytheville, Virginia that is now staying in Wytheville permanently; we couldn't be more excited! And it really matters more than most people realize. Roughly 87% of Virginia businesses that sell
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51% of Virginia college graduates still live in-state after 10 years. - Texas retains graduates at nearly twice our rate. - Georgia outperforms us significantly. - Even Ohio keeps more of their graduates than we do. This isn't about Virginia not being a great place to live.
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Virginia has a brand problem. "Virginia is for Lovers" is one of the most recognized state slogans in America. It's also completely passive, with no tie to any of our actual assets. Or "Open for business"? So is every other state. Neither gives us a real foundation to build
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2.5 months until Blue Ridge. This weather is making run volume… tricky.
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AOL → New York Sprint Nextel → Kansas City Smithfield Foods → China MeadWestvaco → Georgia Advance Auto Parts → North Carolina Norfolk Southern → Atlanta Gannett → New York T. Parker Host → Louisiana These are just the ones you've heard of. The household names. The
virginia.harbor.capital
Every year, billions in economic value flows out of Virginia. It's time to anchor American Dynamism at home.
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Who is Harbor’s Christa Glassburn?! She’s a critical part of our team, and an exceptional talent. Here’s a great podcast she did recently, walking through her business war stories: https://t.co/emoHhdJfki
open.spotify.com
Buyers and Builders · Episode
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If talent is a product, Virginia is a wholesaler. Rough numbers: • About 80k dollars of taxpayer support per in-state graduate • About 25k graduates leaving the state each year • Out-of-state students do not offset the overall export trend If talent is a product, Virginia is
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Last year 82% of Virginia businesses that sold went to an out-of-state buyer. 51% of our college graduates leave within a decade. And when ownership leaves? Local economic recirculation drops by 4x. We're not just losing businesses, we're losing the compounding effect of local
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Christa is describing how great the business-buying opportunity in small-town America really is. > The companies have no website > The firms don't have salespeople > Often overlooked by private equity and/or they do not know these opportunities even exist > Not all locals are A
My conversation with Christa Glassburn and how she joined a search fund, acquired seven companies and helped scale revenue from $15 million to $200 million. Snow notes: 0:00 Christa’s $15M to $200M scaling story 2:30 FBI operator lessons 3:37 Jump to a search fund and move to
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Northern Virginia accounts for roughly 37% of the state’s population, compressed into just a few counties (hence the traffic!). As NOVA goes, so goes the state of Virginia. You do not have to like it, but this is how Virginia actually works. Elections are not decided by land
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The future of college sports. Let’s put it on Polymarket. How many years until this happens?
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We should all be grateful for traffic where we live. No, really. Traffic is a trailing indicator of people, movement, and commerce. Places without traffic aren’t growing.
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