Having founded in 1970 as one of the first east coast VC firms, I asked why almost all of the original east coast VCs either became private equity firms or moved west.
Full episode: youtube.com/watch?v=2F3hSf
Conversation
“The technology world really formed itself around [Fairchild] in Northern California. Venture firms were spawned. Startup were spawned from that base…
The industry is much more diffused today. Although, at the end of the day, the heart of technology is still in the Valley.”
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Legend. Great episode. Thought I'd preview and return to it. Nope, was glued to the end. Thank you!
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Would definitely recommend reading his book “No Red Lights” - good perspective on the early days of NYC VC and also US firms investing in Europe
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NYC based fintech VCs can stay VCs though