Investing Locally
Local Venture Capitalist Fred Wilson, talks about their portfolio and why they tend to invest in more local companies despite the fact that great technology is being developed all over the world.
Investing locally helps for the following reasons:
- recruting management/teams, you’ll have a social network in place locally
- they typically desire to be lead investor, more hands on work with the entrepreneurs
- mentoring, coaching, and advising is better done in person
Evan Bartlett :: Nov.30.2006
Angel Investor, VC
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•they typically desire to be lead investor, more hands on work with the entrepreneurs
•mentoring, coaching, and advising is better done in person
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