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Quote: "It’s a bubble based on too much early stage money throwing itself at too few good ideas." How bad is it going to have to get before investors discover
by terra_t 16y ago
Quote: "It’s a bubble based on too much early stage money throwing itself at too few good ideas."
How bad is it going to have to get before investors discover the other 48 states in the U.S.?
- hga 16y agoErrr, don't you mean 49 states? And in reply, I'd ask "How long will it be before any of the other 49 states make non-competes unenforceable and forbid companies from laying claim to what you do with your own ideas on your own time and with your own resources?"
- terra_t 16y agoThere's a scene in N.Y.C. too. As an upstater I'm almost tempted to say that we ought to just scrap all our laws in New York and start all over again.
- hga 16y agoAnd there's a scene in the Boston area as well, one that I watched and participated in from 1979 to 1991, which coincides with its decline and fall. I'm not watching it closely, but I've been told by reliable sources (plus read the usual stuff on HN) that there's been a significant revival, but as far as I can tell neither location can hold a candle to Silicon Valley. I've been trying to figure out why for some time (strong anti-recommendation: Regional Advantage, which gets way too many things dead wrong about the Boston scene (all too often in an "I was there" way...) and feels like a book that cites evidence to prove its thesis without paying any attention to counter-arguments, interpretations or facts). I can't help but notice that what I've cited is the only unique thing about SV (well, there's earthquakes, but I don't think any non-researcher move there for them), how it had to help the true silicon genesis part of its history (Shockley -> Fairchild -> many companies) and how I've seen the chilling effect that non-competes have on potential startups in the Boston and D.C. areas.