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VC explains the advantages of New York City over San Francisco

GGV Capital venture capital associate Andy Manoske talks about the advantages of New York City over San Francisco in term of venture capital.

However, he said he wouldn’t go that far:

I think there isn’t an absolute “better” or “worse” for VCs when it comes to geography. San Francisco and Silicon Valley certainly have many regional benefits due to the sheer size of their entrepreneurial community. But many other areas of the country – NYC being one of them – benefit from having unique characteristics conducive to building certain kinds of businesses there.

Geography is only one of the factors for VC firms, there are many more elements need to take into account.

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