The Economist | Venture capitalists: From leafy to lofty

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The Economist
Venture capitalists
Venture capital is adapting itself to the new startup landscape

TECH MONEYMEN LIKE altitude. In Silicon Valley the leading venture-capital firms cluster on a leafy hill overlooking Stanford University. And when Benchmark Capital opened a branch in San Francisco, it moved into the top floor of the Warfield building, home to a popular music venue. Although it is in the Tenderloin, one of the city’s seediest districts, it offers a great view of the South of Market area, a breeding-ground for startups.

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