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If the VCs are that lazy, and assuming they still seek for the most profit, wouldn't VCs move to the bay area to find the unicorns? Wouldn't it create a virtuou
by nemonemo 8y ago
If the VCs are that lazy, and assuming they still seek for the most profit, wouldn't VCs move to the bay area to find the unicorns? Wouldn't it create a virtuous (or vicious depending on the perspective) cycle of formibg a cluster of the companies and VCs in the area?
Eventually too much of such cycle would give way to the increased cost of living. But I see a tendency of more moderation in employee compensation by big companies, which would favor small startups again around the area.
- zemo 8y agoagglomeration is not unique to VC and it's not simply a matter of people being lazy. https://en.wikipedia.org/wiki/Economies_of_agglomeration https://en.wikipedia.org/wiki/Economies_of_agglomeration