Why East Coast VCs lack the Midas touch

Owen Thomas · 01/28/08 01:00PM

Forbes has released its Midas List of top venture capitalists. New York-based investors make up 2 percent of the list, and that has the writers at Silicon Alley Insider confused. But since it's the same confusion that led Henry Blodget, the disgraced tech-stock analyst, to found the tech blog in the first place, one can hardly blame them.