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Its not that the cities aren't attractive, its that VCs force their portfolio companies to move to SF/SV, mainly because of the financial interests of the VCs.
by beatpanda 11y ago
Its not that the cities aren't attractive, its that VCs force their portfolio companies to move to SF/SV, mainly because of the financial interests of the VCs.
There are a lot of companies that would happily locate somewhere else if their funders would let them, and once we get done with this "market correction" it would be neat if the tech industry could get together and agree on a model that doesn't involve making life miserable in the Bay Area for everyone who isn't a software engineer.
- duaneb 11y agoIndeed. There is always pressure to move where the talent is—funders want to grow.