Re:Why One of Silicon Valley’s Savviest Investors Has Shut H...
by _pius on Thursday May 10, 2012 @11:23PM
(#3957445)
Might he not have a similar quality of life and have access to some other great companies to invest in within an hour's drive and have less investment competition should he choose to move to, say, Louisiana? Or Mississippi? Or Tennessee? Or Texas?
Why would someone in a position to make angel investments move to a random new city just to have less investor competition?
Re:Why One of Silicon Valley’s Savviest Investors Has Shut H...
by sabat on Thursday May 10, 2012 @11:58AM
(#3954181)
It's not about emotion. It's about concentration of talent and drive, and geography does matter. People here in California, particularly in the Bay Area, think differently (apologies to SJ). Great startups are usually based on some sort of rule breaking, game change, or disruption. The non-conformist culture in CA especially lends it to this. That's why startups thrive here.
Edit: it's no coincidence that the startup hub in Texas is in Austin, the only place in Texas I'm aware of that has a non-conformist culture.
Re:Why One of Silicon Valley’s Savviest Investors Has Shut H...
by mgkimsal on Thursday May 10, 2012 @12:45PM
(#3954452)
"He said he won't do a deal that is much more than an hours drive away. He feels like he can't really participate (as an advisor) to a company that he can't easily reach."
"He feels" is where I got emotion from.
His wanting to stay in a particular geographic area plus his desire to only invest in projects he can drive to is limiting him. That's fine. I'm not even suggesting he's complaining about a talent shortage. But others are.
Might he not have a similar quality of life and have access to some other great companies to invest in within an hour's drive and have less investment competition should he choose to move to, say, Louisiana? Or Mississippi? Or Tennessee? Or Texas?