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Greylock Will Move HQ to Silicon Valley

Published: 5/20/2009 3:04:38 PM


The venture capital community is all abuzz with the announcement of Greylock Partners deciding to move their headquarters from Boston, Massachusetts to Silicon Valley.

While this seems to be on the surface a blow to the Boston venture capital scene, in my view it is more a function of Greylock's focus on consumer Internet and related industries rather than anything else.

Silicon Valley is the headquarters of large consumer Internet companies such as Google, Yahoo and Facebook. These companies exert a very large pull on entrepreneurs and talent.

Greylock will continue to have an office in Boston.

Cheers,

Don Jones

VentureDeal

 

Don Jones
CEO, VentureDeal

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