A number of east coast VCs invest in London, I'm guessing in a large part because: 1) London is as close to NY as SF is. This obviously doesn't apply to Califo

A number of east coast VCs invest in London, I'm guessing in a large part because: 1) London is as close to NY as SF is. This obviously doesn't apply to California based VCs. 2) London has a well developed legal framework for VC deals. When Accel invested in GetJar it was hugely complicated and took over 6 months to do the paperwork because so few VC deals had ever been done in Lithuania. You have to be spectacularly good for a VC to be willing to do that.