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by peapod91
2660 days ago
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My guess: brand/name recognition is HUGE for vc as they can get first-look to the top founders/start-ups. A16Z is one of the best VC brands and they want to perpetuate that (and being in SF paints that image). Relatedly, the start-ups A16Z funds can afford to be in SF. It's the less well-funded companies that are moving out...and are probably companies that A16Z passed on. |
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