The Greater Brooklyn Area
Lot's of people ask whether or not the fund will only invest in Brooklyn. The answer is no--the fund will generally invest in the greater Brooklyn area--which includes New York City and its surrounding metropolis. The focus on Brooklyn isn't about geography--although we believe that Brooklyn represents a fantastic place not only to build a technology business in, but to live and play. It's about what Brooklyn stands for.
Brooklyn is a borough of cultural diversity, a history of ingenuity, and a tradition of preserving best practices (like how to make a pizza) while reapplying them to today's world in creative ways. It's about hustle and starting from scratch to make it big. Brooklyn life is all about blurring the lines between work and play--following your passions in every aspect of your life and sharing that in a participatory community. That's what being a Brooklyn startup is about, no matter which side of the East River your office space happens to be.