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Anecdotally, not much changed for East coast startups. What did change is that West coast firms came to the east coast. Whereas 10 years ago it would be notewor
by lumost 3y ago
Anecdotally, not much changed for East coast startups. What did change is that West coast firms came to the east coast. Whereas 10 years ago it would be noteworthy to work for an SV company - it is now typical.
I think the local market was outcompeted and absorbed outside of a few niches.
- AndrewKemendo 3y agoInterestingly, the East Coast is way more primed for large deals than the West Coast is just from a population volume and infrastructure perspective. However, because there is just no high risk in the area, it just doesn’t happen. It’s literally just a physical access to rich people location thing which is crazy to me that it’s still the case but it seems to actually just be as simple as that.