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Startups go where the money is. For Austin to attract startups, I think it needs to provide access to VCs at par with sfba.
by findjashua 10y ago
Startups go where the money is. For Austin to attract startups, I think it needs to provide access to VCs at par with sfba.
- projectramo 10y agoShouldn't the VCs move there because the startups are cheaper because everything costs less and your $ go farther?
- findjashua 10y agoI'm not sure if expenditures related to location make a significant part of a startup's valuation
- projectramo 10y agoThat's true. I didn't mean it in that direct sense. I just thought if a VC invested the same amount of money in 10 startups in Austin, they would last longer, develop more product, explore more and therefore be, on average, more successful.