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Old 01-27-2021, 07:22 AM
 
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Originally Posted by msRB311 View Post
anytime soon meaning this summer or a year from now?
I'm thinking mid- 2022 at the earliest
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Old 01-27-2021, 07:36 AM
 
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Originally Posted by masssachoicetts View Post
It's expensive because if it was cheap like TX or KY everyone would chose the place that's world class.

Boston is the place right now.
Let’s pump the brakes a bit on that latter definition. NYC VC capital is 2x Boston/Cam and the Bay Area is around 4-5x. Yes, it still captures A LOT of VC money, but in my own sphere the Bay Area and Seattle are pulling talent from Boston or tapping east coast talent as consultants ... there’s so much more capital spinning out of those regions.
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Old 01-27-2021, 11:53 AM
 
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Originally Posted by Shrewsburried View Post
Let’s pump the brakes a bit on that latter definition. NYC VC capital is 2x Boston/Cam and the Bay Area is around 4-5x. Yes, it still captures A LOT of VC money, but in my own sphere the Bay Area and Seattle are pulling talent from Boston or tapping east coast talent as consultants ... there’s so much more capital spinning out of those regions.

When did that change? Boston and NYC were #2 and #2A for a long time for private equity with Seattle well behind.
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Old 01-27-2021, 12:03 PM
 
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Originally Posted by GeoffD View Post
When did that change? Boston and NYC were #2 and #2A for a long time for private equity with Seattle well behind.
In 2019 Bos/Cam combined for ~6bill. NYC was ~14bill and Fran/Palo/MTV/San Mat combined for a whopping 34+bill.

Tons of the ‘primo’ hardware design work is happening on the west coast these days.
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Old 01-27-2021, 12:16 PM
 
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Originally Posted by Shrewsburried View Post
In 2019 Bos/Cam combined for ~6bill. NYC was ~14bill and Fran/Palo/MTV/San Mat combined for a whopping 34+bill.

Tons of the ‘primo’ hardware design work is happening on the west coast these days.

Given what the gap used to be between the Bay area and Boston/NYC, it appears that this is NYC getting more money rather than Boston's proportion shrinking. It kind of makes sense given how much money is floating around NYC looking for a home.
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Old 01-27-2021, 12:40 PM
 
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Originally Posted by GeoffD View Post
Given what the gap used to be between the Bay area and Boston/NYC, it appears that this is NYC getting more money rather than Boston's proportion shrinking. It kind of makes sense given how much money is floating around NYC looking for a home.

Boston certainly continues to ‘punch above its weight’, but my real world experience suggests the west has serious gravitational pull, and by west I’m also including the CA VC capital spinning out into Seattle, CO, Austin, etc.

I’m also med hardware/systems heavy, so I’m viewing through this lens. Boston/northeast was *the* med device hardware spot in the early ‘00s, but Intuitive, Tesla/automation players have created substantial hardware talent in CA which includes a whole bunch of Northeast expats.

If I liked CA culture, I’d be there.
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Old 01-27-2021, 06:54 PM
 
Location: Bergen County, New Jersey
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Didn't even realize how close Boston is there. Damn.. higher in VC than I thought.
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Old 01-28-2021, 06:31 AM
 
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Is vc even close to what it was in 2000 though?
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Old 01-28-2021, 06:44 AM
 
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Originally Posted by mdovell View Post
Is vc even close to what it was in 2000 though?
It’s roughly equivalent to 2000, though as a proportion of GDP it was larger in 2000. This said, 2000 was a bit of an anomaly as the years preceding and following had a tiny percentage of 2000’s VC capital (20-40%).

VC capital has been ramping up since 2014.
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