“Very expensive, exotic cars” have become commonplace in Silicon Valley, but today’s “frothy environment” is fundamentally different than it was during the Internet bubble, said Danny Rimer, a general partner with Index Ventures.
That was just one of the topics Rimer touched on in a wide-ranging video interview with Reuters West Coast Bureau Chief Jonathan Weber. Rimer also talked about how San Jose has become a “rust belt,” why private equity firms are “looking more aggressively” at tech investments, and how European tech companies are able to “retain engineers a great deal longer” than their U.S. counterparts.
(Watch the video below.)
Rimer, brother of Index co-founder Neil Rimer, joined the firm in 2002 and established its London office. He’s now based in the San Francisco office of Index Ventures and focuses his investments around Internet infrastructure software and services. Rimer sits on the boards of Boku, Etsy, Factual, Flipboard, FON, Nastygal, Oanda, PeoplePerHour, Sky (BSY), Rightscale, Trialpay and viagogo, according to the Index website.
Photo of Danny Rimer by Reuters.