New General Catalyst partners are placing bets outside Silicon Valley - Business Insider

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A top Silicon Valley venture firm is doubling down on its bet that innovation won't stay in Silicon Valley. Here's what its new wave of partners are betting on in 2020.

, is betting that the California region's reign as the epicenter of startup innovation is over.

"There's something really rewarding about being the first institutional firm to take a chance on someone," Boyce said. "I found this fits into how as a firm we think about working with founders across stages and their journey." Boyce and Boyle both focus on early-stage investments. Boyce tends to gravitate towards first-time founders in financial services or consumer goods, while. Regardless of industry, it's imperative for investors to actively help build the ecosystems their founders operate in.

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