3 ms·

It never was. It is an outdated idea that innovation can only happen in a specific place.

• eloff 8y ago
  There's a lot more to it than that. Innovation can happen anywhere. But the combination of human and financial capital, there is probably no where better. If you start a company outside the Bay area, you're at a disadvantage there. You'd better find enough other advantages and leverage them to get on a level with that. If your company needs venture funding, you'd probably be crazy to start it anywhere else still. Most don't.