For 'big bet' things it might make a lot of sense. I can see why Uber, AirBnB, and especially OpenAI are going to be there. But for other, slightly niche busin

For 'big bet' things it might make a lot of sense. I can see why Uber, AirBnB, and especially OpenAI are going to be there. But for other, slightly niche businesses, wherein you're competing in a vertical/horizontal that may not be specifically tech, it might make sense to be elsewhere. Fashion heavy, Mining & Materials, Manufacturing, Fintech, Agriculture etc. I suggest it might be ok to be somewhere else. As a very crude rule of thumb, if you need 'good engineers' but not 'world class engineers' i.e. the problem space is more or less 'domain' and not 'tech' ... well you can get good engineers in a lot of places, and domain knowledge is not inherently in the Valley.