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If it isn't, it certainly is getting closer every year. There are thousands of examples. Groups like Austin Ventures, Foundry in Boulder, and many others are ou
by enjo 13y ago
If it isn't, it certainly is getting closer every year. There are thousands of examples. Groups like Austin Ventures, Foundry in Boulder, and many others are out there writing checks. Thousands of angel investors exist in literally every city.
I've raised quite a bit of money in Colorado, and it matches my experiences in the valley.
I think Cuban, however, is spot on. There remains a very persistent advantage to Valley money. It more often than not, buys you an exit. I'm currently on the board for a company that is attempting to exit, and we're having a hell of a time connecting with buyers within the SV ecosystem.