#TechConSocal2024 #BuildingOutsideSiliconValley
Spark Growth Ventures is committed to helping support top-tier founders from across the nation as well as internationally. Out of the 25 portfolio companies that we have partnered with in the last ~3.5 yrs, the pre-dominant majority are neither in SV nor in NYC (the top two hubs for startup funding in the US), but are in emerging hubs such as Nashville, Columbus, Cleveland and Sacramento:
• 6 are HQ-/Co-HQ-ed across San Diego, Sacramento and LA metros
• 4 in the Midwest
• 4 with HQs/co-HQs in Europe and Asia
• 2 in the DC Metro area
• 2 in Pacific Northwest
• 1 in the South
• 1 in the Mountain West
Even though there're significant ecosystem benefits from being in large hubs (SV/ NYC/ Boston etc), we think that top-tier innovation and teams with proper distributed support, especially in the post-COVID era, can be successful from most places – there are some additional hurdles but nothing that’s insurmountable. In addition, several benefits of being in the emerging/small hubs vs. the traditional centers.
On the personal side also, I grew up in tier-2/3 cities and towns of India (Kota, Ratlam, Jallandhar, Kapurthala, Meerut, NE States etc.) and similarly, built my early foundation in the US in small MidWestern towns/cities, and finally made a conscious decision to create a life out of a mid-sized city in the US. So, I can personally relate to & in fact, support pursuing one’s dreams from just about anywhere, not just large obvious places.
Therefore, given our mindset and philosophy, I am really excited to be part of the "Challenges and Opportunities of Creating a Prosperous Venture Outside of Silicon Valley" panel being moderated by Zamir Shukho, MBA (General Partner at Vibranium Venture Capital), alongside my dear friend and classmate Paul Yeh (Founding Partner at Conductive Ventures), Brad Greenwald (Managing Partner at Hilltop Venture Partners) and Howard Ko (Partner at Morpheus Ventures).
We will most likely start around 2 pm PST in case you would like to hear our combined perspectives. Lastly, #TechConSoCal is shaping to be one of the largest innovation conferences in #SanDiego, with hundreds of VCs, founders, startup professionals and innovation enthusiasts attending. If you are able to make it to San Diego for a day or even swing by for a few hours, it will definitely be worth the price of admission. Thanks Faisal Mushtaq, Serhat Pala, Neal Bloom and many others for helping organize this invaluable event right here in San Diego and for making a huge contribution to the local ecosystem.
Spark Growth Ventures, Safa Mahzari, Alessio Sanfilippo, Gaurav Bhatia, Jaikaran Sawhny, Jeffrey Haux, Kimberly Davis King, Marcos Rivera, Pooja Skogstad, Raj Pudipeddi, Rohit Gulati, Vittal Kadapakkam, TIE San Diego, Orange County OC Startup Council, The Brink SBDC, EvoNexus, UC San Diego, SDSU College of Sciences, Wharton Alumni Angels, NuFund Venture Group, Jonah Peake, Fred Grier, Pankaj Kedia