To some degree it matters how interchangeable a founder is with an employee at a high paying tech co AND how much those high paying tech companies continue bein

To some degree it matters how interchangeable a founder is with an employee at a high paying tech co AND how much those high paying tech companies continue being the highest paying firms (in turn setting prices). I suspect the answer to both of those questions over the medium-term is yes; if the entrepreneur's life (esp. their own network!) is already in the Bay Area (with the fallback being working at a high paying tech company here), there's a lot of cost to move to these lower cost areas. Even more so if the entrepreneur has family. However, less tech intensive start-ups (say operations focused) may very well start popping up in higher numbers outside the Bay Area.