4 ms·
Nice article, I guess, but overly complex; it really is a very simple set of reasons. Here goes: 1. There is a large startup community in the US 2. Many pe
by saturn 15y ago
Nice article, I guess, but overly complex; it really is a very simple set of reasons. Here goes:
1. There is a large startup community in the US
2. Many people interested in startups already went to
the US because of (1)
3. The barrier to moving to the US because of (1) is far
lower than trying to recreate the environment locally
4. This is a strongly self-reinforcing phenomenon
Wash, rinse, repeat. You can say the exact same thing for films and music.
Spoken as an Australian who is likely moving to NYC in the coming months. The startup environment just does not exist in AU. I have the petri dish, I have the bacteria, what I need now is agar, and there is precious little to be found down under.