“I could have, I think, fooled myself. And I went through this mental model when I was thinking about it and said, oh, I'll be the best venture capitalist in a the sixth VC city.”
Gurley says people avoid industry epicenters fearing competition, but there are way more jobs and learning becomes easier there.
“Peers are easier. They're all around all the time. It's people, I think, don't do it because they fear it's too much competition, but there's also way more jobs.”