Groq Founder: Rejected by West Coast VCs, Funded by the East
FinanceYF5 · x · 2026-07-06
Groq's founder recalled being collectively rejected by West Coast VCs during fundraising, eventually securing capital from the East Coast. He bluntly stated that West Coast VCs act like lemmings—if one passes, others blindly follow. In contrast, East Coast VCs conduct independent analyses without being swayed by their peers. His firsthand account exposes the herd mentality in Silicon Valley fundraising.
More from Venture
- Anthropic S-1 chart fuels positive-ROI narrative on AI infrastructure buildout — BenBajarin · 2026-10-26
- Anthropic's top 2 customers fell from 54% of revenue in 2023 to about 21% by 2026 — BenBajarin · 2026-10-26
- Nearly half of Claude revenue now flows through cloud marketplace commitments, up from 11% — BenBajarin · 2026-10-26
- Ferryman cross-posts to 15+ social platforms from one post, priced $30-$100/mo — KevinNaughtonJr · 2026-10-26
- Anthropic is FCF positive even after SBC, countering bearish macro narratives — GavinSBaker · 2026-10-26
- Anthropic ARR goes vertical after price cuts: tokens up 4x, $100B+ ARR back in play — GavinSBaker · 2026-10-26