California is the Venture Capital Capital
Why are there so many venture capital firms in California, especially in the Northern Silicon Valley? Are they there because there are so many tech companies there, which are VC’s milieu? Or are there so many tech companies there becuase of the copious amounts of potential VC investors? Maybe it’s like asking what came first the egg or the chicken.
I’m sure some venture capital companies call another city their home, but all I ever hear about is a new tech company being backed by an investment firm, like Arthur Trueger’s BerkeleyVC, and they are all in California, more specifically the northern part. There has to be another reasong besides the weather.
