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VC money is pouring into this quiet neighborhood in San Francisco

May 18, 2015, 01:13 IST

Business Insider/Eugene KimSouth Park, built in 1854, is the oldest public park in San Francisco.

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It's had its ups and downs through the years, but lately it's become the new hub of venture capital firms formerly located down in Silicon Valley. In the last two years or so, 9 VC firms have set up within a couple blocks of the park.

It's why some people call it the new Sand Hill Road, the iconic street in Menlo Park where all the top VC firms are located.

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