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Traditionally the valley has clearly been the best place to start companies. Many VCs still believe its the best place today. Hard to say if that's true, you wo
by tschellenbach 8y ago
Traditionally the valley has clearly been the best place to start companies. Many VCs still believe its the best place today. Hard to say if that's true, you won't really know till companies that are started today end up growing and succeeding. That takes about 10 years to play out, so in 2029 we'll have a good idea of where the succesful startups came from. I'm going to go ahead and guess that a larger percentage of them will come from outside of the valley. There is more VC funding outside the valley than before, great startup knowledge is available via books, classes, techstars outside of the valley. Due to cost of living talent has moved outside of the valley. So yeah definitely expect to see more startups succeed outside than has been the case historically.