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Re:Why Being Outside Silicon Valley is Good for Startups by neilc on Friday November 23, 2007 @06:49PM (#83087)
> For these reasons many SV VCs, he says, will not fund startups unless at least 50% of their development work is done outside of California.

I don't buy that, at least for generous definitions of "many SV VCs". I don't think any intelligent VC would follow a blanket prohibition like that. And at least in my experience, most SV startups do the vast majority of their key engineering work in the Valley.

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