3 ms·
Boston based founder here - I think it makes perfect sense. - NY is far easier to get to Boston from anywhere else on the east coast - flights, busses, trains,
by Eduardo3rd 8y ago
Boston based founder here - I think it makes perfect sense.
- NY is far easier to get to Boston from anywhere else on the east coast - flights, busses, trains, etc. Much less Europe.
- While the amount of total VC dollars invested in each city is similar[0], I've always gotten the impression that figure is skewed by a small number of mega-rounds going into the biotechnology companies in Kendall Square vs. the number of companies in the wider ecosystems.
- NY is just a better city to visit. More public transit options, hotel rooms, things to see while you are in town for the interview, etc.
I love Boston, but I'd make the same decision.
[0] https://techcrunch.com/2018/08/04/boston-area-startups-are-on-pace-to-overtake-nyc-venture-totals/ https://techcrunch.com/2018/08/04/boston-area-startups-are-o...
- avinium 8y agoOut of curiosity, if you were a foreign (but remote) startup looking to set up an office in the USA - would you recommend Boston? From the perspective of sales/finance, rather than technical, if that's important.
- epc 8y agoIf you're looking to stay in the NYC region but don't need to be actually in NYC: Boston and Philadelphia have great startup communities and great transportation options. Closer in to NYC: Stamford (lots of empty office space), Hartford (now semi–accessible to NYC by rail, plus an international airport), White Plains (easily accessible to NYC plus regional airport). NJ has a lot of office space along I–95 once you get out of the NYC metro area, but am uncertain on the rent.
- baobrain 8y agoI'm not familiar with the specifics of setting up an office, but from just a talent perspective, Boston has the benefit of having a large concentration of universities: Harvard, MIT, Boston College, Boston University, Northeastern, UMass... That's a lot of new unemployed talent that (potentially) is looking for a career start in Boston. It is also more affordable and public transit is decent.
- jseliger 8y agoAnecdotally, it seems fairly common for people to move between Boston and NYC.