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VCs really need to look in the mirror. We often say on the internet that Innovation can come from anywhere, but VCs don't believe that at all. VCs are only inte
by falloutx 9y ago
VCs really need to look in the mirror. We often say on the internet that Innovation can come from anywhere, but VCs don't believe that at all. VCs are only interested in funding their friends living a few blocks away or some college kids living in NYC or SFO. VCs are the only people who can help in spreading the wealth around. Why not fund a startup in Des Moines or Harrisburg. That would help grow those cities and also reduce the stress on cities like SFO. Also it would save valuable money for the startups as those cities cost far less.