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Despite predictions to the contrary, San Francisco (and Bay Area) continues to kill it when it comes to unicorn production
by dmode 8y ago
Despite predictions to the contrary, San Francisco (and Bay Area) continues to kill it when it comes to unicorn production
- chrisco255 8y agoWho predicted the contrary?
- bdcravens 8y agoNo one really. I believe the GP comment is confusing that with sentiment against SF costs and culture, as well as sentiment against the value of unicorns in general.
- yuy910616 8y agohow about the economist? I wouldn't say 'predict', but definitely painting a negative portrait https://www.economist.com/leaders/2018/08/30/why-startups-are-leaving-silicon-valley https://www.economist.com/leaders/2018/08/30/why-startups-ar...
- tclancy 8y agoAn alternative hypothesis would be that who you know/ access matters more than good ideas.
- emiliobumachar 8y agoThat's not an alternative hypothesis. It's a possible mechanism. Note that both can be true at the same time.
- notfromhere 8y agoProbably more because there's access to capital than anything magic in the water
- mattmanser 8y agoIsn't that essentially the magic in the water? I've watched several UK startups try and get funding without going to SV and it is painful to watch how utterly amateur and pathetic trying to get startup or VC capital is in the UK.
- notfromhere 8y agoit's a solveable problem though. SV has a whole mythos but it basically boils down to easy access to piles of money.