Reminds me of this post by Fred Wilson: http://avc.com/2015/06/loyalists-vs-mercenaries/ http://avc.com/2015/06/loyalists-vs-mercenaries/ Summary: Starting a t

Reminds me of this post by Fred Wilson: http://avc.com/2015/06/loyalists-vs-mercenaries/ http://avc.com/2015/06/loyalists-vs-mercenaries/ Summary: Starting a tech company outside SV is better in the sense that engineers aren't there solely for the money, but have other motivations such as the mission of the company or growing in the city that they'll be happy. Therefore companies outside SV have less labor rotation.