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No. Only the second part of my statement "best startups will be formed" can be labeled as an assertion of my opinion. The first part is fact. SV has produced
by Harj 20y ago
No. Only the second part of my statement "best startups will be formed" can be labeled as an assertion of my opinion.
The first part is fact. SV has produced more great startups than any other area in the world. Arguing with that fact is futile.
It's not just VC that SV has as an advantage. Its a high density of angel investors and young people wiling to take a risk and launch startups.
As for the assumption of taking venture capital not holding any longer, venture capital in the narrow sense i.e. VC firms - possibly but in the general sense of needing to raise investment at some point, name me a successful startup that hasn't.