4 ms·

It's an interesting article but I feel like the investor/entrepreneur relationship isn't quite as simple. I'd be really interested in a meaningful analysis of w

by kriro 11y ago

It's an interesting article but I feel like the investor/entrepreneur relationship isn't quite as simple. I'd be really interested in a meaningful analysis of why investors cluster in SV. The obvious explanation is because that's where the talent is. However I feel there are a lot of social factors at play, too. It's cool to be in SV, people start companies there and change career path from selling their company to becoming investors etc. [lifestyle wise the city of SF doesn't sound all that great and Cali seems to be full of strange regulations and the like] What if investor seeding would be hugely beneficial for a hub to become "the next SV". Imagine this thought experiment...pg overcome with nostalgia convinces YC to permanently move to Pittsburgh and change the standard recommendation to "stay 3 month in Pittsburgh". I'm not convinced YC would implode..there'd be some difficulties sure. But I'd also expect (some of) the money to follow YC. A "Pittsburgh batch" (to go along with the regular one) might actually be an interesting experiment to run.

kom107 11y ago
Ooooh. Talk dirty to us. YC Pittsburgh batch. Dig it.
tim333 11y ago
>why investors cluster in SV A lot comes down to the seed planted when Shockley co-invented the transistor and then moved to be near his mum's place in Palo Alto. The whole thing went from there. The 'traitorous eight' left his company and: > would go on to found other companies after that, including legendary venture firm Kleiner Perkins, AMD and Intel. Over the next 20 years, 65 companies would be started by first or second generation defectors from Shockley Semiconductor Lab, giving it a legitimate claim as the birthplace of the chip industry that gives Silicon Valley its name. And then the people who made millions/billions from those invest it in new ventures in the tech field they understand. It's pretty hard to reproduce that else where.

by kriro 11y ago

kom107 11y ago

Ooooh. Talk dirty to us. YC Pittsburgh batch. Dig it.

tim333 11y ago

>why investors cluster in SV A lot comes down to the seed planted when Shockley co-invented the transistor and then moved to be near his mum's place in Palo Alto. The whole thing went from there. The 'traitorous eight' left his company and: > would go on to found other companies after that, including legendary venture firm Kleiner Perkins, AMD and Intel. Over the next 20 years, 65 companies would be started by first or second generation defectors from Shockley Semiconductor Lab, giving it a legitimate claim as the birthplace of the chip industry that gives Silicon Valley its name. And then the people who made millions/billions from those invest it in new ventures in the tech field they understand. It's pretty hard to reproduce that else where.