Where your company is headquartered makes a big difference to your bottom line
Strategy Driven
MAY 16, 2014
The authors of the 2009 paper, Local Bias in Venture Capital Investments , note that “overall, these empirical findings suggest that distance is an important factor that impacts VCs’ investment decision as it increases information asymmetry and the cost of monitoring.” Recommended Resources – I Have A Strategy, No You Don’t.
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