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Hasn’t this always been the case? I recall seeing a statistic that most VC investments happen with a few miles. Only about 20% is outside the country. I’d bet “block” is already a decent chunk Ie this is the default. Going far out would be the contrarian thesis.
Replying to
That’s right. I think the classic measure was within 5 miles away. In this case it might take longer to take the elevator down than to walk to the other building!
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