4 ms·
Paying Bay Area salaries for every employee just isn't feasible for most startups. How does that explain the large number of Bay Area, on-site-only startups?
by dasmoth 8y ago
Paying Bay Area salaries for every employee just isn't feasible for most startups.
How does that explain the large number of Bay Area, on-site-only startups?
- tybit 8y agoIt probably implies that only certain types of start ups are well suited there. E.g well funded VC startups that are looking to go big or go bust where paying lots for talent is worth if for access to many more employees and VCs.
- lmm 8y agoOn-site-only is a lot more productive, we just like to pretend otherwise because we wish it wasn't?
- ricardobeat 8y agoAs evidenced by?
- lmm 8y agoI'm offering it as a possible explanation for why onsite-only Bay Area startups could be a success but remote startups not be able to afford Bay Area salaries.
- pm 8y agoI'm talking about startups that are outside the Bay Area, and outside the US.