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That wasn’t my point. The framing was clearly used like “lifestyle business” is used. There have and will be unicorns outside of the valley, but he doesn’t seem
by yesimahuman 8y ago
That wasn’t my point. The framing was clearly used like “lifestyle business” is used. There have and will be unicorns outside of the valley, but he doesn’t seem to want to recognize that, hence the “$100M” framing
- smallgovt 8y agoI think you’re misinterpreting his point. He’s not saying there won’t be unicorns outside of the valley. He’s saying the cost/benefit of being in SV makes sense for unicorns but not for many 100m startups. As a result, you’ll still see a disproportionate number of unicorns in SV but more 100m startups will start moving away.