Ver Ploeg: Data disproves that remote tools democratize startup success
Eric Ver Ploeg · 20 VC 070: Do Investors in California Outperform The Rest of The World with Eric ver Ploeg @ Recursive Capital · Sep 9, 2015 · at 20:02
Eric Ver Ploeg, venture investor at Recursive Capital, discusses data examining whether startup conversion rates have democratized outside Silicon Valley.
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“You know, honestly, I had thought, sort of a hypothesis of mine was that there, we would see increased geographic democratization over the last handful of years, given, you know, better communication, lower friction and overhead in, in engaging remote resources, and learning from blog posts and that, you know, I thought, you know, hey, two guys in Cleveland should have nearly the same odds as two guys in, in the San Francisco Bay Area. But when I dug into the data, you know, it shows otherwise.”
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