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I don't really believe that this is just a coincidence. If they were planning a second location they wouldn't have gone to Boston where there was YC. They would
by vaksel 18y ago
I don't really believe that this is just a coincidence. If they were planning a second location they wouldn't have gone to Boston where there was YC. They would have tried to go some place w/o much competition, like New York.
And if they were indeed planning to take YC on, why Boston and not Silicon Valley?
- unalone 18y agoBecause there's a gap in Boston that needs filling? A lot of start-ups want to go to Boston, or can't make it to California.
- vaksel 18y agoYeah but according to them, they were planning to go to Boston when YC was already filling that gap. So if you wanted to fill a gap, why not go somewhere that doesn't have an incubator program in the first place?
- unalone 18y agoBecause Boston's an incredibly dense city? I dunno, I'm just guessing.
- andrewhyde 18y agoStrong ties to Boston with the founders of TC. Brad Feld went to MIT and still has a strong and love for the area. David Cohen sold one of his startups there.
- jfarmer 18y agoBecause YC is supply-constrained. If you believe there are more fundable opportunities than YC can handle then it makes perfect sense to "compete" in Boston. I wouldn't be surprised if it were all just a story, though.
- jfarmer 18y agopg commented above, so that can't be their reason. Maybe they just like Boston?
- nabeel 18y agoAs someone else mentioned, both David Cohen and Brad Feld have a history in Boston, it's where they got their start (as it has been for many others thanks to MIT and Harvard). There was also a strong push for quite a while from the Boston and Cambridge entrepreneurial community.
- kbrower 18y agoIs there any competition at all in NYC?