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I think he's right for the wrong reason. The Valley has gotten unimaginative, and Mr Sacks is suffering from the ambient lack of imagination. I think there are
by jes5199 14y ago
I think he's right for the wrong reason. The Valley has gotten unimaginative, and Mr Sacks is suffering from the ambient lack of imagination.
I think there are other communities waiting in the wings, who don't yet compulsively chase VC funding and TechCrunch news cycles, who have intelligent, creative people who still have some spare time to start new projects (possibly because they are underemployed, unlike in SF where talented people all work at least 40 hours/week)
- colmvp 14y agoI'm not so sure. I think of it like art and artists in the United States. It's too expensive for most artists to live in Manhattan or New York City in general, so many of them will live in places where the cost-of-living is lower. Online showcases, write-ups from art critics, social networks, and independent shows will help them show their works. However, to continue to grow their name, New York City still has the greatest concentration of buyers, curators, dealers, etc. To get at a high level, the big cities in the world are inescapable. Likewise, I see other places where it's more affordable to start a startup but ultimately the pool of talent are where the funders are, which is the Valley. And so when the startup hits a certain size where it needs to grow it's team, well it has to decide whether it's feasible to get people to move to their location or to move where the supply already exists.