If a region's economic boom did not involve tech financing, the investors in that region are unlikely to understand tech financing
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Zak Slaybak/Adventure Capitalism 01.0
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Startups often require funding from investors 1 0 2West coast investors are confident enough of their judgement to act boldly; east coast investors, not so much 1 0 1Startups thrive in startup hubs like Silicon Valley because they understand the specialized business of startups 1 0 2The behavior of investors is often opaque to founders 1 0 2Investors are pinched between two kinds of fear: fear of investing in startups that fizzle, and fear of missing out on startups that take off 1 0 2Some investors may lack numeracy skills or believe they cannot predict startup outcomes 1 0 2There is currently more funding available for biotech or hard-tech companies than ever before 1 0 2Heartland cities need to accommodate every type of investor in the ecosystem to compete for high-growth, high-margin technology companies 1 0 2A region's investor-base is typically determined by its most recent economic boom 1 0 2Tech investors should be aware of the state of the tech ecosystem both locally and nationally 1 0 2