Young New York Entrepreneur Looks Forward to a Cool Detroit

Young New York Entrepreneur Looks Forward to a Cool Detroit
Philip Kafka, founder of Prince Concepts, at his home in the SoHo neighborhood of Manhattan on April 28, 2016. Benjamin Chasteen/Epoch Times
Emel Akan
Emel Akan
Reporter
|Updated:

Can Detroit become a great city again? There is hope, as the once-thriving Motor City is attracting investors, entrepreneurs, and artists since its emergence from bankruptcy in 2014.

Philip Kafka, a young entrepreneur from New York, thinks Detroit is a comeback story and offers a unique opportunity to do business.

“I needed to go somewhere that is intrinsically great and has a great brand. I understood how valuable the brand of Detroit is,”  Kafka said.

I needed to go somewhere that is intrinsically great and has a great brand.
— Philip Kafka, Prince Concepts
Emel Akan
Emel Akan
Reporter
Emel Akan is a senior White House correspondent for The Epoch Times, where she covers the policies of the Trump administration. Previously, she reported on the Biden administration and the first term of President Trump. Before her journalism career, she worked in investment banking at JPMorgan. She holds an MBA from Georgetown University.
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