Fort Collins also benefits from strong income growth and business costs well below other Colorado locales like Boulder and Denver.

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Well known startup investor and VC Brad Feld also supports this view with what he calls his Boulder Thesis (amazing 3-minute video by the Kauffman Foundation with narration by Brad here).

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Pincus was ultimately forced to look beyond Sand Hill Road for cash at Boulder-based Foundry Group, New York-based Union Square Ventures and Avalon Ventures, a firm not well-known outside of biotech circles or its San Diego headquarters.

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