Telstra Ventures Delivers New Insights on Emerging Tech Hubs Across the U.S. and Tech’s Great Migration
Summary
An emerging sentiment took hold that you don’t need to be in the Bay Area to build the next unicorn or decacorn,” said Mark Sherman, General Partner at Telstra Ventures. "We believe the Bay Area will continue to be the epicenter of tech for years to come,” said Mark Sherman, General Partner at Telstra Ventures. "Places like Silicon Valley exist because tech companies and VC firms can take advantage of the talent pool, the entrepreneurial spirit, and the culture of innovation that the emerging hubs can’t replicate today." It excites us to see the growth of new VC-backed companies across emerging markets like Denver, Dallas, and Minneapolis.” The effects of COVID impacted the number of VC investments across multiple sectors. With offices in San Francisco, Sydney, Melbourne, and Shanghai, Telstra Ventures has invested in over 70 innovative businesses that bring disruptive technological solutions and radical thinking to customers.