I work with and have angel invested in numerous New York-based startups, the founders of which always want to know how to attract funding from West Coast venture capital firms. Some of the tribulations New Yorkers encounter in their quest for great venture investors are unique to the geographic challenges inherent in a long distance partnership but others are exactly the same for the startups I work with in other geographies, including in the San Francisco Bay area. I’m increasingly seeing top funds in the Bay area finance top startups in New York, even at an early stage. There’s ample supply of great investors in Silicon Valley, but finding the investor who’s just right for your sector, stage and vision is pretty challenging in a competitive market. When you layer into that the desire to have personal chemistry and trust, the quest can sometimes seem like you’re looking for a needle in a haystack. This column explores how to optimize for finding that needle in the haystack, especially but not exclusively, if the haystack sits 3,000 miles from the startup.

from Forbes – Tech http://ift.tt/1KFDfFb
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