Jack Selby Invests in Startups Like Etched via Arizona Ties

In the dynamic landscape of technological innovation, Jack Selby has emerged as a significant player. As a managing director at Copper Sky Capital and a former executive at PayPal, Selby is leveraging his expertise to invest in promising startups like Etched.

Etched: A Rising Star in Chip Manufacturing

Etched, a four-year-old startup, is making waves in the chip manufacturing sector. Recently, the company announced that TSMC had successfully produced its first chip, setting the stage for the delivery of systems powered by this chip later this summer.

With a valuation of $5 billion, Etched is on the cusp of scaling its operations. However, the challenge lies in competing for limited manufacturing capacity at TSMC's facilities in Taiwan.

The Role of Copper Sky Capital

Copper Sky Capital, established by Selby in 2021, has been instrumental in supporting Etched's journey. The firm's early investment of $120 million during Etched's Series A round was aimed at helping the startup navigate the challenges of chip fabrication.

Selby's commitment to reshoring chip production to Arizona is a critical aspect of this partnership. Copper Sky believes that TSMC’s expansion into Arizona could alleviate some of the manufacturing constraints currently faced by Etched.

Selby's Vision for Arizona's Tech Ecosystem

Jack Selby is not just an investor; he is a visionary for Arizona's tech ecosystem. His role as a board member of the Arizona Commerce Authority reflects his dedication to attracting out-of-state businesses to the region.

Selby's investment strategy focuses on identifying undervalued startups in Arizona and the Southwest, contrasting sharply with the inflated valuations typically seen in coastal tech hubs.

Expanding Beyond the Southwest

While Copper Sky Capital initially concentrated on the Southwest, the firm is now broadening its horizons. Selby has expressed interest in hardware companies across the U.S., especially those in the defense sector, that can establish manufacturing in Arizona.

This strategic pivot aims to harness the growing interest in Arizona as a viable tech hub, while also addressing the high costs associated with coastal startups.

Future Investments on the Horizon

Copper Sky is currently in the process of raising a second fund, targeting $300 million. This new capital will allow the firm to invest in higher-priced startups, particularly in hardware and technology sectors.

As Selby continues to navigate the complexities of venture capital, his focus on startups like Etched underscores the potential for innovation and growth in Arizona's tech landscape.

Key Takeaways

Technology teams are watching jack selby invests in startups like etched via arizona ties closely because changes in this space often arrive faster than internal policies can adapt.

For product and engineering leaders, the practical question is how this could reshape roadmaps, vendor choices, and security reviews over the next few quarters.

Organizations that document lessons early tend to respond more calmly when similar patterns appear again.

In many companies, the first impact shows up in planning meetings: teams reassess priorities, revisit risk registers, and check whether existing tooling still fits.

Smaller businesses feel these shifts too. A single platform change or market move can affect customer trust, delivery timelines, and hiring plans.

The most resilient teams treat stories like this as input for quarterly reviews rather than one-day headlines.

If your business depends on modern software, ERP, VoIP, or customer-facing apps, staying informed helps you separate noise from decisions that require action.

Looking ahead, disciplined follow-through matters: assign owners, set review dates, and measure whether your response improved outcomes.

Security and compliance stakeholders should ask whether current controls still match the pace of change described in this update.

Operations leaders can reduce friction by translating the headline into a short internal brief with clear next steps for each department.

Customer support teams may see early signals through tickets, outages, or policy questions long before leadership reviews are scheduled.

Finance and procurement groups should note whether licensing, vendor risk, or implementation costs need revisiting after this development.

Training programs benefit from timely updates so staff understand what changed, what did not change, and what requires escalation.

Architecture reviews are a practical place to test assumptions, especially when new tools, platforms, or threats enter the conversation.

Documentation quality often determines how quickly a company recovers from surprises; capture decisions while context is still clear.

Technology teams are watching jack selby invests in startups like etched via arizona ties closely because changes in this space often arrive faster than internal policies can adapt.

For product and engineering leaders, the practical question is how this could reshape roadmaps, vendor choices, and security reviews over the next few quarters.

• Jack Selby is leveraging Arizona's tech ecosystem for investments.
• Etched is poised for growth with its first chip manufactured by TSMC.
• Copper Sky Capital is focused on reshoring chip production to Arizona.
• The firm is expanding its investment strategy beyond the Southwest.
• A new $300 million fund is in the works for future investments.