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Field guide · Menlo Park, CA, United States

Sand Hill Road

Two miles of road that funded most of the modern internet.

Sand Hill Road in Menlo Park is the historical heart of US venture capital. Sequoia, Andreessen Horowitz, Kleiner Perkins, Greylock, Accel and dozens of mid-sized funds have offices along its short suburban stretch between I-280 and the Stanford campus. The road has the highest commercial rents per square foot of any office market in the United States and is the metonym for the Silicon Valley venture industry.

World map showing Sand Hill Road, Menlo Park, CA, United States (37.5°N 122.2°W) within the North America financial region.Sand Hill Road pinned at 37.5°N 122.2°W; arc connects to the North America regional hub in New York.New YorkMenlo Park, CA37.5°N 122.2°WNORTH AMERICAARITHMOS · LOCATION MAP
Sand Hill Road · Menlo Park, CA, United States37.5°N 122.2°Wregional hub: New York

Origin

Stanford University's Industrial Park (now Stanford Research Park) opened in 1951 and gradually attracted technology firms; venture firms followed in the 1970s, with Kleiner Perkins (founded 1972) and Sequoia (1972) anchoring the cluster.

Who works here

  • Tier-one venture capital firms (Sequoia, a16z, Kleiner, Greylock, Benchmark, Accel)
  • Growth-stage venture (TCV, IVP, General Catalyst)
  • Limited partners — university endowments and sovereign wealth funds — visiting their GPs

Landmarks

  • 3000 Sand Hill (the cluster's iconic original venture park)
  • Stanford Linear Accelerator Center (just up the road)
  • Rosewood Sand Hill (the hotel where deals get done over coffee)

Three indices a local would build

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  1. An index of US-listed companies that took venture funding within the last 10 years.open in builder →
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Arithmos · investment research & data tool · not investment advice · not a regulated broker or advisor.
Investment research & data tool · not investment advice · not a regulated broker or advisor · past performance does not guarantee future results.