article thumbnail

Does a VCs Culture Really Matter? The Upfront Story

Both Sides of the Table

When you’re on Fund I or Fund II it is often a founding team that all started together, knew each other before and went through the trenches together to get a fund raised. 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.