Kind of an irrelevant tangent, but I think the reason why Snapchat is suffering is that HQ is in LA. I noticed that you have to pay great developers/designers m

Kind of an irrelevant tangent, but I think the reason why Snapchat is suffering is that HQ is in LA. I noticed that you have to pay great developers/designers more to relocate away from the Bay Area. You also get slower iteration on new hires since they have to fly to/from SF/LA for interviews. It's great that these founders could stay in the Midwest, but if they're ever to compete against the giant companies, they'd probably have to relocate to the Bay Area or Seattle.