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In a way, startups are leaving SF BECAUSE startups are coming to SF. That is, when there is a large influx of capital-rich startups, startups w/o capital (or w
by smallgovt 8y ago
In a way, startups are leaving SF BECAUSE startups are coming to SF. That is, when there is a large influx of capital-rich startups, startups w/o capital (or who are capital sensitive) are forced out.
Overall, there's a net in-flow of startups into SF, and so, the VC's follow.
- gxs 8y agoReminds me of the popular quote: "Nobody goes there anymore, it's too crowded."
- gubbrora 8y agoYou can interpret it as "a small fraction of people go because the absolute number of people is larger than capacity" Stated like this it becomes obvious we need to pay attention to the denominator.
- andrewbinstock 8y agoYogi Berra lives!
- matchagaucho 8y agoOr modern day... "Nobody uses Facebook anymore, it's too crowded"