BizSugar.com › Raising Capital › Go West for Capital Young Man (or Woman)

When Steve Jobs wanted money for Apple Computer in the late 1970s, he got financing from Silicon Valley venture firm Sequoia Capital. Roughly 40 years later, in 2009, when Brian Chesky needed funding for Airbnb, he got an investment from the same Silicon Valley venture capital firm.
Not only has Silicon Valley been the place to go for venture capital for over 40 years, its position has become more dominant.