I’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 bro

I’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.