West Coast

“Having vested in guilt when it was just three people, I can promise you could not have built that company to the same degree of success in the West Coast, because, you know, all of the fashion brands are in New York, all of the great merchandising talent, desi…”

“Now, Betaworks has done about 25, maybe 30% of its investments historically have been on the West Coast with the majority of those being pretty much in San Francisco, a handful in Silicon Valley.”

“The time in a company's life when they're getting a higher valuation is moving earlier and earlier on the west coast. And that's sort of leading to this dynamic where both as founders and as investors, you're sort of picking the winner in a space earlier. And …”

“I think the first one is that there are very few European acquirers. So you know, a lot of these potential acquirers are all, you know, based, based on the West Coast, pretty much. If you're a pure tech company, and I think there's, you know, not that many com…”

“So we now with the fund, we do actually done zero investments in the West coast.”

“Active Series A funds, which for us meant funds that have done at least five Series A investments in the last three years. And we looked at West Coast versus New York versus Europe. West Coast, I think that's something like a 140 active Series A funds. New Yor…”

“If you take 10 A players, In Boston, out of those 10 A players, maybe two of them will be in tech, and the other eight will be in financial services, or in pharma, or biotech, or blah, blah, blah. And on the West Coast, you know, out of the 10 A players, nine …”