--- title: "Meaning & Key Takeaway of: There's this myopia among American…" description: "\"There's this myopia among American venture capitalists to not go anywhere beyond Silicon Valley and New York.\" — Dave McClure" image: "https://sms4smile.com/quotes/i/473/dave-mcclure-12214_american_there-s-this-myopia-among-american-ventu_1962793.png" --- # There's this myopia among American venture capitalists to… ![“There's this myopia among American venture capitalists to not go anywhere beyond Silicon Valley and New York.” quote by Dave McClure](https://sms4smile.com/quotes/i/473/dave-mcclure-12214_american_there-s-this-myopia-among-american-ventu_1962793.png) [Download](https://sms4smile.com/quotes/i/473/dave-mcclure-12214_american_there-s-this-myopia-among-american-ventu_1962793.png) [Open image](https://sms4smile.com/quotes/i/473/dave-mcclure-12214_american_there-s-this-myopia-among-american-ventu_1962793.png) > “There's this myopia among American venture capitalists to not go anywhere beyond Silicon Valley and New York.” [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. Critiques VC focus on limited geographic hubs, urging broader regional investment **In simple terms:** VCs often ignore talent outside major hubs Key Takeaway Explore opportunities beyond traditional VC centers Themes business geography investment Mood analytical critical Type strategic thought‑provoking When to use this quote - startup funding - regional economic growth - network building Key Concepts regional development risk diversification Questions to Reflect On - What regions hold untapped innovation? - How can VCs mitigate geographic bias? A Different Perspective Risk of overextending into unfamiliar markets ★ ★ ★ ★ ★ No ratings yet [American](https://sms4smile.com/quotes/about/american/) [American Venture](https://sms4smile.com/quotes/about/american-venture-3249577/) [Capitalists Silicon](https://sms4smile.com/quotes/about/capitalists-silicon-3249578/) [Go](https://sms4smile.com/quotes/about/go/) [New](https://sms4smile.com/quotes/about/new/) [New york](https://sms4smile.com/quotes/about/new-york/) [Silicon](https://sms4smile.com/quotes/about/silicon/) [Silicon valley](https://sms4smile.com/quotes/about/silicon-valley/) [Valley](https://sms4smile.com/quotes/about/valley/) [Venture](https://sms4smile.com/quotes/about/venture/) [Venture capitalists](https://sms4smile.com/quotes/about/venture-capitalists/) ## Related quotes > [Silicon Valley has evolved a critical mass of engineers and venture capitalists and all the support structure - the law firms, the real estate,…](https://sms4smile.com/quotes/elon-musk/silicon-valley-has-evolved-a-critical-mass-of-engineers-and-venture/) [Elon Musk](https://sms4smile.com/quotes/author/elon-musk/) > [There's been entrepreneurs working in the Valley for probably 50-60 years. It's not to say that you can't create that in other places, but…](https://sms4smile.com/quotes/dave-mcclure/there-s-been-entrepreneurs-working-in-the-valley-for-probably-50-60/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) > [Outsiders think of Silicon Valley as a success story, but in truth, it is a graveyard. Failure.. is Silicon Valley's greatest strength. Every failed…](https://sms4smile.com/quotes/michael-malone/outsiders-think-of-silicon-valley-as-a-success-story-but-in-truth-it/) [Michael Malone](https://sms4smile.com/quotes/author/michael-malone/) > [Unfortunately, a lot of Silicon Valley venture capitalists are disconnected from African Americans, Latinos, and other people of color.](https://sms4smile.com/quotes/christine-tsai/unfortunately-a-lot-of-silicon-valley-venture-capitalists-are/) [Christine Tsai](https://sms4smile.com/quotes/author/christine-tsai/) > [Historically, people have flocked to Silicon Valley because of the belief that that's where the latest innovation is happening. It's a snowball effect.](https://sms4smile.com/quotes/taavet-hinrikus/historically-people-have-flocked-to-silicon-valley-because-of-the/) [Taavet Hinrikus](https://sms4smile.com/quotes/author/taavet-hinrikus/) > [In Delicious's case, it's a great brand that belongs in Silicon Valley.](https://sms4smile.com/quotes/chad-hurley/in-delicious-s-case-it-s-a-great-brand-that-belongs-in-silicon-valley/) [Chad Hurley](https://sms4smile.com/quotes/author/chad-hurley/) > [Most competition in Silicon Valley now heads toward there being one monopolistic winner.](https://sms4smile.com/quotes/om-malik/most-competition-in-silicon-valley-now-heads-toward-there-being-one/) [Om Malik](https://sms4smile.com/quotes/author/om-malik/) > [Silicon Valley is super competitive and super expensive for talent, for office space, for everything.](https://sms4smile.com/quotes/nathan-blecharczyk/silicon-valley-is-super-competitive-and-super-expensive-for-talent/) [Nathan Blecharczyk](https://sms4smile.com/quotes/author/nathan-blecharczyk/) > [My sense is that we're ready for another industrial revolution in this country. The great minds and innovators of Silicon Valley would come through…](https://sms4smile.com/quotes/jon-huntsman-jr/my-sense-is-that-we-re-ready-for-another-industrial-revolution-in/) [Jon Huntsman, Jr](https://sms4smile.com/quotes/author/jon-huntsman-jr/) > [We need to think about what Silicon Valley can contribute to the country - not just that somehow government bureaucrats should listen to our…](https://sms4smile.com/quotes/ro-khanna/we-need-to-think-about-what-silicon-valley-can-contribute-to-the/) [Ro Khanna](https://sms4smile.com/quotes/author/ro-khanna/) > [I would say Silicon Valley and New York have inflated salaries.](https://sms4smile.com/quotes/harper-reed/i-would-say-silicon-valley-and-new-york-have-inflated-salaries/) [Harper Reed](https://sms4smile.com/quotes/author/harper-reed/) > [I'm probably the worst Silicon Valley insider ever. I don't hang out with Silicon Valley people.](https://sms4smile.com/quotes/alexis-ohanian/i-m-probably-the-worst-silicon-valley-insider-ever-i-don-t-hang-out/) [Alexis Ohanian](https://sms4smile.com/quotes/author/alexis-ohanian/) > [Silicon Valley is like Wall Street in that it will fill and pursue market opportunities to their logical extremes.](https://sms4smile.com/quotes/andrew-yang/silicon-valley-is-like-wall-street-in-that-it-will-fill-and-pursue/) [Andrew Yang](https://sms4smile.com/quotes/author/andrew-yang/) > [Silicon Valley does not breed great technology. Instead, the smartest people from around the world tend to move to Silicon Valley.](https://sms4smile.com/quotes/patrick-collison/silicon-valley-does-not-breed-great-technology-instead-the-smartest/) [Patrick Collison](https://sms4smile.com/quotes/author/patrick-collison/) > [Sometimes it feels hard to remember that Silicon Valley is an actual place, a collage of parched suburbs, and not just the collective noun…](https://sms4smile.com/quotes/tatiana-schlossberg/sometimes-it-feels-hard-to-remember-that-silicon-valley-is-an-actual/) [Tatiana Schlossberg](https://sms4smile.com/quotes/author/tatiana-schlossberg/) ## More by Dave McClure > [For the most effective pitch, focus 80% on the problem, 20% on the solution.](https://sms4smile.com/quotes/dave-mcclure/for-the-most-effective-pitch-focus-80-on-the-problem-20-on-the/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) > [I think you want to show a level of transparency that breeds trust. You don't want to show a level of desperation that breeds…](https://sms4smile.com/quotes/dave-mcclure/i-think-you-want-to-show-a-level-of-transparency-that-breeds-trust/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) > [I don't know if we're doing the optimal things that we can to try and connect different people on the planet with different points…](https://sms4smile.com/quotes/dave-mcclure/i-don-t-know-if-we-re-doing-the-optimal-things-that-we-can-to-try-and/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) > [I think 'Shark Tank' is targeting companies that are really trying to raise their very first dollar. A lot of them aren't really tech…](https://sms4smile.com/quotes/dave-mcclure/i-think-shark-tank-is-targeting-companies-that-are-really-trying-to/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) > [I want to invest in a functional product that people are using.](https://sms4smile.com/quotes/dave-mcclure/i-want-to-invest-in-a-functional-product-that-people-are-using/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) > [The earlier you invest, the higher that attrition rate is because it's compounded. We have a more scientific method of investment.](https://sms4smile.com/quotes/dave-mcclure/the-earlier-you-invest-the-higher-that-attrition-rate-is-because-it-s/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) > [Food tech has been kind of an area that we have been making a number of investments in. Kind of a big boring industry,…](https://sms4smile.com/quotes/dave-mcclure/food-tech-has-been-kind-of-an-area-that-we-have-been-making-a-number/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) > [The last 10 to 20 years you’d think that it has been all about VCs making money, because that’s all we hear about. But…](https://sms4smile.com/quotes/dave-mcclure/the-last-10-to-20-years-you-d-think-that-it-has-been-all-about-vcs/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) > [A bubble in early-stage funding means maybe there's $300 million at work when maybe there should be $150, as opposed to a bubble in…](https://sms4smile.com/quotes/dave-mcclure/a-bubble-in-early-stage-funding-means-maybe-there-s-300-million-at/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) > [There's been entrepreneurs working in the Valley for probably 50-60 years. It's not to say that you can't create that in other places, but…](https://sms4smile.com/quotes/dave-mcclure/there-s-been-entrepreneurs-working-in-the-valley-for-probably-50-60/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) > [I figured maybe I had some talent as an investor… since it seemed like I was only a half-assed entrepreneur.](https://sms4smile.com/quotes/dave-mcclure/i-figured-maybe-i-had-some-talent-as-an-investor-since-it-seemed-like/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) > [I think you'll see a lot more people in the Valley get more involved in politics.](https://sms4smile.com/quotes/dave-mcclure/i-think-you-ll-see-a-lot-more-people-in-the-valley-get-more-involved/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) > [We are trying to build large, lasting businesses.](https://sms4smile.com/quotes/dave-mcclure/we-are-trying-to-build-large-lasting-businesses/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) > [We often say if you have traction, lead with traction. Talk about specific customers, usage numbers, revenue metrics - anything like that that really…](https://sms4smile.com/quotes/dave-mcclure/we-often-say-if-you-have-traction-lead-with-traction-talk-about/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) > [There's a mathematical way to get success.](https://sms4smile.com/quotes/dave-mcclure/there-s-a-mathematical-way-to-get-success/) [Dave McClure](https://sms4smile.com/quotes/author/dave-mcclure/) [Explore all 56 Dave McClure quotes ](https://sms4smile.com/quotes/author/dave-mcclure/) ## More American quotes > [I wasn't attracted to American cinema, but I fell in love with Los Angeles the minute I arrived.](https://sms4smile.com/quotes/agnes-varda/i-wasn-t-attracted-to-american-cinema-but-i-fell-in-love-with-los/) [Agnes Varda](https://sms4smile.com/quotes/author/agnes-varda/) > [William Maxwell's my favorite North American writer, I think. And an Irish writer who used to write for 'The New Yorker' called Maeve Brennan,…](https://sms4smile.com/quotes/alice-munro/william-maxwell-s-my-favorite-north-american-writer-i-think-and-an/) [Alice Munro](https://sms4smile.com/quotes/author/alice-munro/) > [I have fallen in love with American names, the sharp names that never get fat.](https://sms4smile.com/quotes/stephen-vincent-benet/i-have-fallen-in-love-with-american-names-the-sharp-names-that-never/) [Stephen Vincent Benet](https://sms4smile.com/quotes/author/stephen-vincent-benet/) > [I really like a lot of American country stuff, so my music has that influence, but I don't like to be set within a…](https://sms4smile.com/quotes/jade-bird/i-really-like-a-lot-of-american-country-stuff-so-my-music-has-that/) [Jade Bird](https://sms4smile.com/quotes/author/jade-bird/) > [I certainly don't think that the heirs of the American Revolution were a particularly noble class.](https://sms4smile.com/quotes/h-w-brands/i-certainly-don-t-think-that-the-heirs-of-the-american-revolution/) [H. W. Brands](https://sms4smile.com/quotes/author/h-w-brands/) > [Congress passed the American Rescue Plan Act in a tremendous investment to support millions of workers without a paycheck and behind on bills.](https://sms4smile.com/quotes/jake-auchincloss/congress-passed-the-american-rescue-plan-act-in-a-tremendous/) [Jake Auchincloss](https://sms4smile.com/quotes/author/jake-auchincloss/) > [Small businesses are the backbone of the American economy and employ almost half of the working population. Yet because of their size, they rarely…](https://sms4smile.com/quotes/dan-lipinski/small-businesses-are-the-backbone-of-the-american-economy-and-employ/) [Dan Lipinski](https://sms4smile.com/quotes/author/dan-lipinski/) > [Although I write in English, and despite the fact that I'm from America, I consider myself an Armenian writer. The words I use are…](https://sms4smile.com/quotes/william-saroyan/although-i-write-in-english-and-despite-the-fact-that-i-m-from/) [William Saroyan](https://sms4smile.com/quotes/author/william-saroyan/) > [When we first sold the Wallace and Gromit shorts to America, people suggested we get rid of the strange British accents and put clear…](https://sms4smile.com/quotes/nick-park/when-we-first-sold-the-wallace-and-gromit-shorts-to-america-people/) [Nick Park](https://sms4smile.com/quotes/author/nick-park/) > [Firefighters and rescue workers are American superheroes.](https://sms4smile.com/quotes/kerry-kennedy/firefighters-and-rescue-workers-are-american-superheroes/) [Kerry Kennedy](https://sms4smile.com/quotes/author/kerry-kennedy/) > [France has not only built a bureaucratic barrier against American culture, it has constructed a notorious intellectual case against it as well. The French…](https://sms4smile.com/quotes/tyler-cowen/france-has-not-only-built-a-bureaucratic-barrier-against-american/) [Tyler Cowen](https://sms4smile.com/quotes/author/tyler-cowen/) > [New York and San Francisco are distinctly different. San Francisco is driving the American media, not New York. You have young, microwaved millionaires and…](https://sms4smile.com/quotes/jason-whitlock/new-york-and-san-francisco-are-distinctly-different-san-francisco-is/) [Jason Whitlock](https://sms4smile.com/quotes/author/jason-whitlock/) > [Well look, CIA is an agency that has to collect intelligence, do operations. We have to take risks and it's important that we take…](https://sms4smile.com/quotes/leon-panetta/well-look-cia-is-an-agency-that-has-to-collect-intelligence-do/) [Leon Panetta](https://sms4smile.com/quotes/author/leon-panetta/) > [Food as a hobby used to be an elite pastime, and it has become something that is totally ordinary for people of every background.…](https://sms4smile.com/quotes/dana-goodyear/food-as-a-hobby-used-to-be-an-elite-pastime-and-it-has-become/) [Dana Goodyear](https://sms4smile.com/quotes/author/dana-goodyear/) > [It's important for American soldiers to be culturally sensitive when deployed in foreign countries. But it's just as important for the U.S. never to…](https://sms4smile.com/quotes/gary-bauer/it-s-important-for-american-soldiers-to-be-culturally-sensitive-when/) [Gary Bauer](https://sms4smile.com/quotes/author/gary-bauer/) [Browse all 7,717 American quotes ](https://sms4smile.com/quotes/about/american/) ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "There's this myopia among American venture capitalists to not go anywhere beyond Silicon Valley and New York.", "creator": { "@type": "Person", "name": "Dave McClure" }, "isPartOf": { "@id": "https://sms4smile.com/quotes/#website" }, "url": "https://sms4smile.com/quotes/dave-mcclure/there-s-this-myopia-among-american-venture-capitalists-to-not-go/", "about": { "@type": "Thing", "name": "American" }, "@id": "https://sms4smile.com/quotes/dave-mcclure/there-s-this-myopia-among-american-venture-capitalists-to-not-go/#quotation", "image": { "@type": "ImageObject", "@id": "https://sms4smile.com/quotes/i/473/dave-mcclure-12214_american_there-s-this-myopia-among-american-ventu_1962793.png", "contentUrl": "https://sms4smile.com/quotes/i/473/dave-mcclure-12214_american_there-s-this-myopia-among-american-ventu_1962793.png", "url": "https://sms4smile.com/quotes/i/473/dave-mcclure-12214_american_there-s-this-myopia-among-american-ventu_1962793.png", "width": 1080, "height": 1080, "caption": "“There's this myopia among American venture capitalists to not go anywhere beyond Silicon Valley and New York.” — Dave McClure", "creditText": "SMS4Smile Quotes", "creator": { "@id": "https://sms4smile.com/quotes/#organization" } } }, { "@type": "BreadcrumbList", "itemListElement": [ { "@type": "ListItem", "position": 1, "name": "Home", "item": "https://sms4smile.com/" }, { "@type": "ListItem", "position": 2, "name": "Quotes", "item": "https://sms4smile.com/quotes/" }, { "@type": "ListItem", "position": 3, "name": "Dave McClure", "item": "https://sms4smile.com/quotes/author/dave-mcclure/" }, { "@type": "ListItem", "position": 4, "name": "There's this myopia among American venture...", "item": "https://sms4smile.com/quotes/dave-mcclure/there-s-this-myopia-among-american-venture-capitalists-to-not-go/" } ], "@id": "https://sms4smile.com/quotes/dave-mcclure/there-s-this-myopia-among-american-venture-capitalists-to-not-go/#breadcrumb" }, { "@type": "WebSite", "@id": "https://sms4smile.com/quotes/#website", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "publisher": { "@id": "https://sms4smile.com/quotes/#organization" } }, { "@type": "Organization", "@id": "https://sms4smile.com/quotes/#organization", "name": "SMS4Smile Quotes", "url": "https://sms4smile.com/quotes/", "logo": { "@type": "ImageObject", "url": "https://sms4smile.com/quotes/wp-content/themes/sq/assets/icons/icon-512.png", "width": 512, "height": 512 } } ] } ```