Unfortunately, the Internet was supposed to ( http://www.google.com/search?hl=en&safe=active&q=%22the+internet+was+supposed+to%22&aq=f&aqi=g-v1&aql=&oq http://w

Unfortunately, the Internet was supposed to ( http://www.google.com/search?hl=en&safe=active&q=%22the+internet+was+supposed+to%22&aq=f&aqi=g-v1&aql=&oq http://www.google.com/search?hl=en&safe=active&q=%22... =) do nothing of that sort. Telecommuting would indeed become viable for many types of jobs because of the Internet but that doesn't mean just because you work in an SV tech-startup, telecommuting could replace face-to-face interaction. If I'm not mistaken, YC startups get a lot of benefit from being in the Valley - they get to meet other founders, SV movers-and-shakers, talented engineers, and potential users/business-partners/employees. While YC requires the founders to be in SV, I'm pretty certain the employees of the startup can be almost anywhere in the world. Running a startup is different from being a telecommuting developer. The former requires shaking a lot of hands and talking about your vision in person while the latter requires application of tech skills and experience and can be done remotely.