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Andreessen Horowitz is opening an office in SF

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11–20 of 124 posts

Re: Andreessen Horowitz is opening an office in SF

#14
post #3

I am hearing that startups are moving out of SF because it is too expensive. Can anybody explain the strategy here? I realise that funding is mostly centralised in SF, but this still feels weird to me.

They do a good amount of briefing events wherein (usually larger/well known/older) companies can meet with A16Z portfolio companies for show and tell style pitch sessions. If they can host some in SF, it would certainly make things easier for a good chunk of companies logistically. Also many of their team live in SF as the article mentions and this would certainly help their commutes.

Disclaimer: A16Z are an investor in my company

Re: Andreessen Horowitz is opening an office in SF

#15
post #11

RIP Say Media (/ Six Apart / Videoegg). We used to work in that building.

Did Say Media finally kick the bucket? I remember around four or five years ago they stopped paying publishers and had to make payments with a cash flow injection. Hundreds of thousands later they made everyone whole, but damn. Specialized ad industry did not treat them well.

Re: Andreessen Horowitz is opening an office in SF

#16
post #3

I am hearing that startups are moving out of SF because it is too expensive. Can anybody explain the strategy here? I realise that funding is mostly centralised in SF, but this still feels weird to me.

The more expensive, the better it works as a signaling mechanism.

Re: Andreessen Horowitz is opening an office in SF

#17
post #3

I am hearing that startups are moving out of SF because it is too expensive. Can anybody explain the strategy here? I realise that funding is mostly centralised in SF, but this still feels weird to me.

In a way, startups are leaving SF BECAUSE startups are coming to SF. That is, when there is a large influx of capital-rich startups, startups w/o capital (or who are capital sensitive) are forced out.

Overall, there's a net in-flow of startups into SF, and so, the VC's follow.

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