Capital really is the big monopoly SV has vs. other places. I wonder if we'll see more geographic diversity as younger investors who are more comfortable with tele-work and tele-socialization get into investing. I feel like the next generation of angels and VCs might be more comfortable with a geographically diverse portfolio since they're more comfortable with actually using the Internet as opposed to just investing in it.
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Capital really is the big monopoly SV has vs. other places. I wonder if we'll see more geographic diversity as younger investors who are more comfortable with tele-work and tele-socialization get into investing. I feel like the next generation of angels and VCs might be more comfortable with a geographically diverse portfolio since they're more comfortable with actually using the Internet as opposed to just investing in it.