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@FinanceYF5: Groq founder says West Coast VCs collectively rejected him, and the money eventually came from the East Coast. His explanation is straightforward: West Coast VCs are like lemmings — when one passes, the others all follow suit; East Coast VCs each do their own analysis, regardless of what others think. The herd mentality of Silicon Valley fundraising has been clearly articulated by the person involved.

X AI KOLs Timeline · 2026-07-06 Cached

Groq founder reveals that West Coast VCs rejected funding due to herd behavior, ultimately securing funds from East Coast VCs.

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