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Yes, but I believe he is talking about a 'they made me move to Sand Hill Rd to be near them when they invested' scenario, where $175K is worth less than half th
by rjurney 17y ago
Yes, but I believe he is talking about a 'they made me move to Sand Hill Rd to be near them when they invested' scenario, where $175K is worth less than half that for the rest of that nation, owing to exorbitant cost of living there.
- erlanger 17y agoBeing that specific about where you live is ridiculous. I can see them demanding that you live in the Bay Area, or in a particular city, but the only thing I can see VCs having any say on beyond that would be the office location.
- rjurney 17y agoIf you're moving cross-country to be near your VC, I just assume you would need to be very near the office? The one case I know of, it was that way.
- erlanger 17y agoI mean, one thing they're investing in is the company being well managed and communicative. It's up to the CEO and co. to make it happen, and there's a level of trust there.