Showing posts with label VC. Show all posts
Showing posts with label VC. Show all posts

Thursday, July 26, 2007

Article on VC Community in Boston

Of course with the summer months comes a lot of running around and spending a lot of time outside and not much time blogging. So, after a friend of mine tipped me off to this article in the Boston Globe and how bad the VC market here is in consumer products compared to the West Coast, I thought I would do some writing. I find it strange the VC's seem more comfortable flying out to the west coast and making deals instead of looking to the local community here in Boston for great start-up. It's strange how well the article reflects many of our experiences we've had with investors. I think it really comes down to looking at the level of risk and how conservative east coast VC's are compared to the the the west coast. I often see rather interesting consumer concepts with no real idea of how they are going to make money get quite a bit of funding on the west coast with not nearly that level of risk here on the west coast. Who is more right? I am really not sure, my only hope is that investors continue to see a market of opportunity and invest in smart people great ideas. Link to Article