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A VC: Some Thoughts On Geography
- rguzman 16y agoIt'd be a bit more meaningful to discuss the fraction of startups they've invested in in each town. Of course, that is difficult to count, but an estimate can be made. I suspect that doing that would make them seem like an NY-centric investor.
- jdp23 16y agoThis really highlights the value of local networks: over 60% of their investments are in New York, and in the comments he mentions that one of their portfolio companies is moving there. "NYC is our home and where we do the majority of our investments. That is how it should be because we are primarily early stage investors and it is best to be close to our companies."