East Versus West
written by David A. Broadwin
I had lunch the other day with an entreprenuer/venture capitalist,
Vinit Nijhawan. One of the things we discussed was the apparent difference in risk appetite between east coast based VCs and west coast based VCs. We both agreed that there is a popular perception in the Boston entreprenurial community that west coast VCs are more aggressive (in the sense of willing to take more risk on early stage companies) and more patient (in the sense of willing to build lasting companies rather than go for good, if early, exits). I noted in
Vinit's blog that he wonders why more west coast VCs don't open offices in Boston. Good question, there seem to me to be many good investment opportunities that are not getting funded.