The problem with this way of thinking is that it works if you are successful, but it doesn't allow much room for failure. And failing can be as important as suc

The problem with this way of thinking is that it works if you are successful, but it doesn't allow much room for failure. And failing can be as important as succeeding. In the Valley if you fail, despite having investors and solid employees, it sucks but you basically close up shop and move on. There may be some short term resentment, but basically you are forgiven and allowed to try again. Zuckerberg criticizes the shorter term employment of most people in the Valley - but that's because better opportunities come along. If a company fails, you don't have to feel as bad cause the employees you've let go should find work elsewhere in a reasonable amount of time. That's not as easy in other cities. But it's important for the ecosystem to thrive.