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I know this article focused on established players, but I'm curious what the pandemic means for early-phase startups based out of SV and NYC. When every sales p
by schnevets 6y ago
I know this article focused on established players, but I'm curious what the pandemic means for early-phase startups based out of SV and NYC. When every sales pitch and networking event is a Zoom call, you lose any benefit to taking expensive space in a Mission District incubator.
If aspiring founders leave the city (even temporarily), they may still find success, but are they going to relocate back to the pricey areas when it's safe to open up?
I've spent the last 5 years hoping for a catalyst that moves tech out of the two biggest players so it can actually help stimulate different regions of the US. Maybe the quarantine will finally trigger this
- gregwebs 6y agoI think a big factor to Silicon Valley is VCs wanting in person meetings with founders and to have in person board meetings. If VCs realize they can take pitches and do board meetings over Zoom they can start investing outside Silicon Valley and startups don't have to start and then stay here.