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I think the advantages of the Bay area are overhyped. If you take a look at the of number of people that are employed by these companies, few of them employ mor

by pg_bot 8y ago

I think the advantages of the Bay area are overhyped. If you take a look at the of number of people that are employed by these companies, few of them employ more than 500 people. A lot of them employ less than 100 people. I think you can find 100 qualified people to do all of the tasks you need in any US city that has over a million people. VCs and angel investors have to beg great companies to take their money. However, it's best to not need outside investment at all. It's easier to keep the burn rate low if you're in a cheaper city. https://www.ycombinator.com/topcompanies/ https://www.ycombinator.com/topcompanies/

nostrademons 8y ago
It's certainly possible, and I see from your profile that you've put your money where your mouth is. It's interesting that this holds true out of the 100 most valuable YC companies, though. YC has funded close to 3000 companies, which is pretty close to a representative sample, and those companies originate from all over the world. If the Bay Area didn't have a real advantage in growing & scaling companies and it was all hype, I would expect the market to wash it out of this sample.