3 ms·
Yes, but we have 4,000 cities in the US, yet only something like 1 first class tech hub and two second class tech hubs. If we veer into market theory for a mom
by ip26 8y ago
Yes, but we have 4,000 cities in the US, yet only something like 1 first class tech hub and two second class tech hubs.
If we veer into market theory for a moment, it's better for everyone if there are many cities that are competitive places for technology companies.
- throwaway34241 8y agoWhy is it better for everyone? I imagine we have the current hubs because with a more liquid job market it makes finding jobs and employees easier. It's probably also good for investment since having many potential acquirers nearby increases the chance of a positive exit. I guess it's kind of an insurance against terrible (local) government policies if people move from city to city when one of them screws up. That doesn't sound like a terribly efficient system though.