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The geographic location of the company or the money? These aren't the same thing.

* There's a lot more biotech in Boston than SV * There's even more biotech in Pennsylvania * Battery tech companies are all over the country * There's a ton of space tech in Texas and Mississippi. Yes, Mississippi. And Florida. * Telecom? Look outside the US for strength * Cybersecurity? Maryland. Virgnia. and Israel. * AI? Literally every major country in the world. * Advanced materials? So many places.

Increasingly SV has less and less to offer. Maybe raw money, but I thought companies were looking for smart money, not dumb money.



You specifically reference funding, so I would assume he's referring to VC capital allocation.




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