venture

“Venture capital firms based in locales that are venture capital centers outperform, regardless of the stage of the investment. Ironically, this outperformance arises from outsized performance outside of the venture capital office locations, including in peripheral locations."

Regional US investing is one of the biggest pitfalls I’ve seen in tech VC. Midwest, Boston, mountain region, etc.

There are not enough outliers annually to sustain a fund of any size.

“Venture capital firms based in locales that are venture capital centers outperform, regardless of the stage of the investment. Ironically, this outperformance arises from outsized performance outside of the venture capital office locations, including in peripheral locations.” https://t.co/4kRQJEtp4P

Dan Gray

“Venture capital firms based in locales that are venture capital centers outperform, regardless of the stage of the investment. Ironically, this outperformance arises from outsized performance outside of the venture capital office locations, including in peripheral locations."

https://x.com/credistick/status/1925855919323091285