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Does a VCs Culture Really Matter? The Upfront Story

Both Sides of the Table

But as LA as a tech community grew massively the percentage of our LA deals went from 15% to 50% from 1996 to 2010 and it has remained solid since then. And we had to shift to be with our customers and prospects. Also, many of our deals were in NYC, Chicago, San Francisco or London. So Silicon Valley massively shifted to San Francisco.