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Investing Outside The Bay Area

Haystack

Will the next company to raise $100M in financing just poach from decent seed-stage companies and pay triple the amount to lock up talent? Of the 23 funds listed here, 13 are in the Bay Area, 3 in NYC, 3 in Boston, 2 in LA, and one each in Detroit, Seattle, Toronto, Waterloo, Indianapolis, and Fargo, North Dakota.

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The Venture Capital Secret: 3 Out of 4 Start-Ups Fail

online.wsj.com

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