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.
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