
You go where you know. Relocation is risky business. Another law of migration from Ernest George Ravenstein: "Most migrants only proceed a short distance, and toward centers of absorption." Moving far from home is the exception, not the rule. Knowledge doesn't travel very well. A successful transfer of ideas usually requires face-to-face interaction. The geography of venture capital looks a lot like the distance decay of migration: Fiber networks cross the world. Data bits move at light speed. The globe has been flattened, and national boundaries obliterated. Yet in Silicon Valley, the ... Read More





