3 ms·
maybe in Silicon Valley, but in New England and other less mature markets nothing has ever changed feel free to change my view, for anyone passing by
by yieldcrv 3y ago
maybe in Silicon Valley, but in New England and other less mature markets nothing has ever changed
feel free to change my view, for anyone passing by
- wmf 3y agoIf you won't move to get materially better funding I guess you deserve what happens next.
- pclmulqdq 3y agoNew England tends to have startup companies that are either biotechs or hard techs. It's not surprising to have to take bad terms for those companies.
- gumby 3y agoFWIW I have started both in Silicon Valley and never had to take unfavorable terms like that.
- gumby 3y agoI’ve only started companies in Silicon Valley (not even in SF once it started to get tech too) but have been on board in NY, Cambridge MA, and Europe. As a broad generalization: investors in Northern California are more afraid of missing out on the upside than losing some in the downside. The further east you go the more risk averse they get, until by the time you get to Europe the terms tend to be quite abusive because the investors are so worried about losing their money.