Neil Shen of Sequoia Capital once again topped the list of top 100 VCs in Forbes annual ranking. It was his deal in Bytedance (think TikTok) that gave him an edge.
It's interesting to note that the San Francisco Bay Area is home to 57 of the top 100 performers followed by China with 13.
Many of those 13 China VCs and their winning portfolio companies were profiled in my prior book, Tech Titans of China.
In the U.S, outside the coastal cities of SF, NYC and Boston, just a handful of VCs made the list.
(None from Austin, a few from SFla & DC!)
London amazingly scored with 8.
In the future, I think we will see more winners from the Heartland, particularly the Columbus metro where Drive Capital has been mighty active.
Here's just one more reason why I'm convinced that the Heartland is on the rise as a Tech Belt. (remember I said that about China!)
See Forbes article here:
The Industrial Belt Fights Back
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