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A corollary to this well reasoned question would be: has Silicon Valley area peaked in terms of startup creation? On the one hand, you've got the talent there,

A corollary to this well reasoned question would be: has Silicon Valley area peaked in terms of startup creation? On the one hand, you've got the talent there, attracted because the big tech is concentrated in the area; on the other hand, the living costs makes a ramen-profitable startup in SV way more expensive than a non-SV one. How should I look at this issue from the perspective of an outsider? Should I join the crowd or run in the opposite direction?

titanomachy 7y ago
I don't have data to back this up, except anecdotal, but I think spending a few years in SF, NY, or Seattle can boost your market value by a factor of 3-4. So it could still be worth it in the long run.
- ohduran 7y ago
  It's just my personal perspective, but... I'm still in awe of SV. I simply feel that the time to be there has passed, and I'm late to the party. So where's the party now? It's happening somewhere. Someone is building the next big thing and none of us know yet. The eternal struggle of trying to predict the future. Is Stripe's move a bad move? I guess that the execs are driven by the same fear of missing out what the future holds.
  - skyyler 7y ago
    >So where's the party now? Shenzhen.
    - neivin 7y ago
      If you create a walled ecosystem within a communist country that straight up bans other competing non Chinese products, you might think that this party is in Shenzhen.
  - opportune 7y ago
    SV still feels like a party to me. Sure, it’s not 2000 any more, and property prices are high, but there is still a lot of capital and talent sloshing about. Just staying at a top paying big co for 5 years or so, starting as a senior dev, can set you up with a lot of money
dmode 7y ago
Actually, SF has increased its lead over other regions in startup creation over the last few years. See VC dollars invested and you will see how much of that is concentrated in SF

titanomachy 7y ago

I don't have data to back this up, except anecdotal, but I think spending a few years in SF, NY, or Seattle can boost your market value by a factor of 3-4. So it could still be worth it in the long run.

ohduran 7y ago
It's just my personal perspective, but... I'm still in awe of SV. I simply feel that the time to be there has passed, and I'm late to the party. So where's the party now? It's happening somewhere. Someone is building the next big thing and none of us know yet. The eternal struggle of trying to predict the future. Is Stripe's move a bad move? I guess that the execs are driven by the same fear of missing out what the future holds.
- skyyler 7y ago
  >So where's the party now? Shenzhen.
  - neivin 7y ago
    If you create a walled ecosystem within a communist country that straight up bans other competing non Chinese products, you might think that this party is in Shenzhen.
- opportune 7y ago
  SV still feels like a party to me. Sure, it’s not 2000 any more, and property prices are high, but there is still a lot of capital and talent sloshing about. Just staying at a top paying big co for 5 years or so, starting as a senior dev, can set you up with a lot of money

dmode 7y ago

Actually, SF has increased its lead over other regions in startup creation over the last few years. See VC dollars invested and you will see how much of that is concentrated in SF