3 ms·
I think access to capital is the first step, but access to employees is what would present the larger challenge. Sure, you could get a hundred or so new grads f
by mattj 18y ago
I think access to capital is the first step, but access to employees is what would present the larger challenge. Sure, you could get a hundred or so new grads from your university every year, but how many hackers migrate to the bay every year? What's the turnover rate?
If you have a million in funding, you're probably going to want to hire some people to help you (you have enough money to shoot for the stars; moreover, ramen profitability seems both a waste and unable to recoup the investor's money). Hiring good people outside of SV, especially if you want to use interesting (read not java / ms) tools, is going to be a bit more of a challenge. Especially if there are 30 other startups in the area trying to do the exact same thing.
- alain94040 18y agoGood point. One of the things I love in Silicon Valley is that I can hire any profile I want. If my dream candidate must have worked 5 years at Google on search and then two years at Salesforce because that's what I need, I know there is someone out there that fits that criteria. You can't replicate any of that stuff anywhere else. By definition, if you want to compete with Silicon Valley, you will want to hire some people from your competitors. So you have to be here as well. QED (any way around this dilemma, I'd love to hear). You can refer to an article I wrote last year called "The limits of the Silicon Valley model". Unfortunately, it was in print only for an Indian magazine, I can't find a link to it.