The Next Silicon Valley…

Entrepreneurship is not exclusive to Silicon Valley, a point that serial investor Steve Case is working to drive home across the U.S.

“Taking up the cause of America's entrepreneurs strikes many as banal and out-of-touch. I could not disagree more. Absent entrepreneurship, our economy will never come back and the most severe problems we face – disease, climate change, income inequality, the federal debt — will only grow worse,” Case wrote in a USA Today op ed.

Case spoke to FOX Business on the last day of his Rise of the Rest Tour, which stopped in Detroit, Pittsburgh, Cincinnati and Nashville while “looking for the entrepreneurs of tomorrow.”

Case says these are “all great startup cities [with] great excitement in the entrepreneurial community [and] great startups and companies being built. But most media… talent… and most investors are not considering [these cities] -- and we are trying to change that,” Case said. “Over the next decade, we think a lot of the great companies are going to be built in places like Nashville.”

Despite Case’s efforts, TrueBridge Co-Founder and General Partner Edwin Poston told Fox Business Network’s Adam Shapiro that the “majority of the capital still goes to Silicon Valley” companies. TrueBridge manages over $1 billion in assets.

“Silicon Valley has a culture of success and a drive to create big businesses, which we don’t typically see in other parts of the country,” Poston said.

Though Poston said he doubts a bubble will burst in Silicon Valley anytime soon, he did recognize the challenges for individual investors to get involved with emerging technology companies.

“What is different about the current environment is technology is ubiquitous. It is everywhere. Companies are staying private much longer than they have in the past.

“When Apple (NASDAQ:AAPL), Amazon (NASDAQ:AMZN) and Microsoft (NASDAQ:MSFT) came public, their market caps were under $500 million; when Facebook, Twitter (NYSE:TWTR) and LinkedIn came public, their market caps were well north of $40 billion, on average,” he said. “So companies are staying private longer, driving valuations up—but we think there is a very good rationale for it.”

Will venture capital move beyond the boundaries of Silicon Valley? Poston thinks not.

“It is my hope that we do see venture capital broaden beyond Silicon Valley, but it is our best guess that it is not going to be the case. Historically, the biggest companies are made in Silicon Valley, and it is our best bet that this will continue to be the case,” Poston said.