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If a small company wants to survive against the big guys, they've got to exploit market inefficiencies. It always surprises me when someone insists that techno
by jtbigwoo 14y ago
If a small company wants to survive against the big guys, they've got to exploit market inefficiencies. It always surprises me when someone insists that technology start ups can only exist in a small part of California or Massachusetts where they're competing directly for every kind of resource (people, space, etc.) with the richest companies in the world. There are huge universities all over the midwest that produce tens of thousands of engineering and computer science grads every year. In my opinion, any one of the Big Ten college towns would be a great place to build a company to last. Plenty of grads would stay close to family in the midwest if they could and it's easy to find cheap space to work. You'd miss certain parts of the startup infrastructure like specialized lawyers and ridiculous numbers of venture capitalists, but you'd also cut down on distractions from the hype machine.
- pash 14y agoThe low cost of living is also an enormous advantage for anyone trying to start something from scratch. You can rent a decent multi-bedroom house in a decent area of Omaha or Kansas City for what it would cost to rent a small room in a shared apartment in SF, Boston, or NYC. In how many places on the coasts would you see a grassroots group providing free Google Fiber-connected houses to live in while you work on your startup? [0, 1] It just wouldn't be financially feasible. 0. http://www.kcstartupvillage.org http://www.kcstartupvillage.org 1. http://www.homesforhackers.com http://www.homesforhackers.com