Home BloomBites COVID-19 and the Local Venture Capital Ecosystem – 3/4/20

COVID-19 and the Local Venture Capital Ecosystem – 3/4/20

by Neal Bloom
Happy March! We’re in the thick of #covid_19, affecting the stock market, causing travel disruptions, conference cancellations, and more. Hoping everyone is feeling well. Something interesting that occurred to me was that locally, a lot of us execs and founders travel to the Bay or around the world for conferences or office/client visits and those may be getting cancelled now. The silver lining might be that we have the opportunity to engage execs in our local community as they have a little bit more bandwidth right now. Make that ask to get them as a mentor or speaker to your upcoming event. Let’s get them engaged!
Peter Brennan of the OC Business Journal did a good  overview  of what the local venture capital ecosystem is like, including the largest fund, Toba Capital, with $1.2 billion under management, Okapi Venture Capital, True Family Enterprises, Cambridge Companies CPG, CerraCap Ventures, RX3, and Raj Capital. It’s great to not just see local money but also these teams investing locally too. Want to hear from the latest investment fund OC4 Venture Studio? Come out to  Startup Grind’s March 18  event to hear from Carey Ransom.
Cheers,

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