MSC Huddle: Seed Investing Outside of VC Hubs
Companies located outside of large funding hubs struggle to compete for capital based on their location. Early access to capital remains localized - the average distance between lead investors and their target company is only 37 miles, a radius that does not expand even when investment amounts and deal counts grow.
Using combined experience in venture capital, Marion Street Capital, expert venture capital, and angel investors discuss challenges that companies face due to their location, their playbooks for selecting investments outside of large VC hubs, and common mistakes that they see from entrepreneurs as they approach their funds to raise capital.
Panelists:
Scott Shane, Managing Director at Comeback Capital
John Francis, General Partner at Stout Street Capital
Drew Tulchin, President at New Mexico Angels