4 ms·
I don't think it's such an unreasonable question when VCs are trying to maximize their investment, and being in a hot tech market has shown to be an accelerator
by kaesar14 3y ago
I don't think it's such an unreasonable question when VCs are trying to maximize their investment, and being in a hot tech market has shown to be an accelerator in finding talent and growing a startup
- brazzy 3y agoHow much of that "has shown to be" is just confirmation bias, though? Seems to me as likely to be a dampener on "finding talent" when you have to compete with FAANG (or MANGA, or whatever).
- kaesar14 3y agoIf you're in a market with 100k high quality devs and 80k choose to work at FAANG vs a market with 20k high quality devs where 10k choose to work at high paying regional companies, you're still winning on the talent pool. And I'm guessing the numbers are even more skewed than that. Additionally, the talent pool skews much younger in hot markets who are on average much more likely to be willing to take a risk and work really hard to make a startup take off. Obligatory disclaimer that I'm not saying non-hot markets are not filled with great devs and that older people cannot make a startup take off, just the odds are better in one vs. the other.