The Peel(@ThePeelPod):Do you have to be in the Bay Area to build a fund-returning portfolio? @jmj has the receipts: "If I look at our Fund 1 returning companies, none of them were in the Bay Area. One was in Singapore. One was in New York. And one was in Miami. And then if I look at Fund 2, our likely fund returning investments, two of them were companies in Canada. Fund 3 probably will be maybe one in Los Angeles. Being a newer fund, we need to be more creative to compete. You need to look outside of the bubble."

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The Peel@ThePeelPod

2026.09.20 02:58

Do you have to be in the Bay Area to build a fund-returning portfolio? @jmj has the receipts: "If I look at our Fund 1 returning companies, none of them were in the Bay Area. One was in Singapore. One was in New York. And one was in Miami. And then if I look at Fund 2, our likely fund returning investments, two of them were companies in Canada. Fund 3 probably will be maybe one in Los Angeles. Being a newer fund, we need to be more creative to compete. You need to look outside of the bubble."

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