Maybe sitting? somewhere in sunny Miami, Florida, a founder wonders about the best ways to raise money for a company outside of a traditional tech hub like the Bay Area.
They don’t have to worry. Last week, Mike Asem from M25, Elizabeth Yin from Hustle Fund and Accel’s Rich Wong answered that question on londonbusinessblog.com Disrupt.
The venture capitalists agreed that remote working accelerated the trend of VCs looking at emerging markets, founders and companies across the country. That and social media — Twitter in particular — have made it easier to connect with people. For some, breaking into an investor’s DMs can be just as legitimate as diving into someone’s network for a warm introduction.
“We noticed a few years ago, when we looked at our own analytics, that most of our deals came through Twitter,” Yin told Disrupt. “When I look at my portfolio, my companies that are active on Twitter actually have an easier time raising money because investors feel like they know them.”