> East Coast VCs are much more conservative, which is ultimately bad because it results in less moonshots succeeding.
This is really accurate, at least from my experience as someone of a similar age working on my first startup at the time.
With cold outreach to VCs in NYC I had zero responses, and only two meetings with BigCos curious about us; they seemed easier to get the attention of.
When I reached out to investors on the west coast it was entirely different. I still remember getting my first reply. It was a rejection, but a super-detailed one from Topher Conway of SV Angel that stuck with me. Despite it being a cold email, he offered up a lot of points that helped me adapt my strategy and address what investors may be concerned about.
I was a kid with anxiety and never replied back to that rejection email (pains me to this day), but I have so much appreciation for people like that, who are aplenty in the Bay Area.
This is really accurate, at least from my experience as someone of a similar age working on my first startup at the time.
With cold outreach to VCs in NYC I had zero responses, and only two meetings with BigCos curious about us; they seemed easier to get the attention of.
When I reached out to investors on the west coast it was entirely different. I still remember getting my first reply. It was a rejection, but a super-detailed one from Topher Conway of SV Angel that stuck with me. Despite it being a cold email, he offered up a lot of points that helped me adapt my strategy and address what investors may be concerned about.
I was a kid with anxiety and never replied back to that rejection email (pains me to this day), but I have so much appreciation for people like that, who are aplenty in the Bay Area.