Katherine Boyle: evaluation

Transcript context

…Oh, my gosh. I'm thinking as you're saying this, I used to live this as a venture capitalist. I was the bad guy on the other side of the equation of a company in an interesting market gets traction in XYZ City, Atlanta, wherever. They're interesting enough that Silicon Valley, venture capital, writ large is interested. Probably in the second meeting that you have with your VC before the term sheet, they're like, so, you're based in Atlanta. Do you really want to build something big? You got to move here. Yeah, and anything for a long time, that was the view. What Covid has changed is everyone realizes that's not the case. By the way, people want to move to places like Atlanta. It's a great city, the same thing with Miami, Austin, and Provo, Utah, Salt Lake City. There are so many places that people want to live, but didn't feel like they could do it, because the myth was you have to be in Silicon Valley, you have to be in New York if you're a serious person. I think that completely changed after Covid. The number of new companies we're going to see sprout up in second and third cities across America, I don't even think it has to be really big cities. I think it can be smaller towns. The remote work movement, I think, will spur so many of these great companies, and really just lead to a democratization of tech around the country. Do you feel now that you personally, a16z generally, your geography is the Internet at this point, versus anything else?…

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