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in addition to what you said, there is also more global competition for startups. YC has to compete with other cities top incubators on a CoL adjusted opportuni
by maerF0x0 5y ago
in addition to what you said, there is also more global competition for startups. YC has to compete with other cities top incubators on a CoL adjusted opportunity cost. and the bay area is one of (or the) most expensive spot.