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Did you find it harder to raise VC outside the bay area? We definitely did when we were raising for our Baltimore based company. Whereas now that I live in the
by pcsanwald 9y ago
Did you find it harder to raise VC outside the bay area? We definitely did when we were raising for our Baltimore based company.
Whereas now that I live in the bay area, I see companies get funded all the time and think to myself they would never get funded if they were HQ'd elsewhere.
- yesimahuman 9y agoI think it's safe to say that's harder to raise bay area VC if you're not there, though I did do it for our Series A. It's not impossible, and considering "ease of raising VC" isn't the primary variable I optimize for (and doing so seems to be falling out of vogue), I don't think it warrants moving. Some investors just can't get over location, and I think that says more about them than it does you. At this point I also get a little kick out of doing things differently and trying to change the ecosystem. Isn't that what being a contrarian is all about?