Surfing the reverse mullet with Alexis Ohanian

TechCrunch | 10/14/2019 | Staff
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For many years the allure of Silicon Valley was contingent on the ability to move here. Its ecosystem didn’t work remotely. “We see a very strong indication that where you’re located does matter… come to Silicon Valley,” intoned Joe Kraus of Google Ventures at the first Disrupt conference I ever intended, speaking for essentially all VCs, including Y Combinator.

Easy enough if you’re American. Much, much trickier if you need a visa to get there. Is it still true that the Valley doesn’t work remotely? Or is there another path for startups from faraway countries these days? Last week I sat down with Alexis Ohanian in his ancestral homeland of Armenia to discuss this.

Nation - Set - Incubators - Seed - Investors

Every nation seems to have its own set of incubators and seed investors these days. Armenia is no exception: I met Ohanian at the launch event for Aybuben Ventures, a VC fund “for Armenia and The Armenians.” (As I wrote last week, the Armenian diaspora is a big deal.) But what happens next, when you need to raise a serious Series A, but your local market realistically isn’t big enough to support your company?

Even five years ago you would have had a lot of trouble tapping into the Valley. Since then, though, things have changed. The price of Bay Area talent — and real estate — has led...
(Excerpt) Read more at: TechCrunch
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