“The investing sentiment in the Valley right now is very exciting. There are a few trends contributing to the high level of activity. One: because it takes less money to get an MVP up and running more people seem to be trying their hand at the startup game. Two: more individuals are coming to the table as angel investors, enabling products to take flight as companies more often. Three, with exciting exits on the private M&A side such as Instagram and Yammer and others, and the IPOs of Facebook, LinkedIn, etc. we’re seeing some high profile and tremendous wealth being created for a large number of people. These people all live and work within an hours’ drive of each other, and their success contributes to the aspirational opportunity that is so palpable in Silicon Valley, on both the company building and investing side. To me, it’s the inordinately high concentration of startups and entrepreneurs, unlike any other area in the world, that feed this cycle.”
Excited to be a part of this The Next Web article by @alex!
