4 ms·

For sure. There's a great post by Stephen Fleming on the ATL startup scene, definitely addresses this - http://academicvc.com/2013/07/05/startups-for-grownups/

• crusso 13y ago
  Yeah, the article makes the exact point about housing prices that convinced me to move out of the Bay Area. Then again, it's hard to enjoy that acre of yard when mosquitos are biting the heck out of you. :)
• michaelochurch 13y ago
  I've spent 7 years in New York. Paying the absurd rents isn't that bad. You don't mind it in your 20s, because it's pretty easy to keep expenses low. I hate what it does to the culture, though. Startups need to direct all of their competitive energies toward the external struggle; they have to support each other and fight the world only. When you have engineers sabotaging each other because you need to make CTO before you can even think about starting a family, you get internal competition that destroys everything. Many of these New York startups are deeply dysfunctional and raise capital on account of founder connections (ex-bankers) rather than merit.
  • tptacek 13y ago
    Who sets a career goal of "making CTO"? Why would anyone want to do that? CTO is what they call you right before they take your commit privileges away. The "journeyman" coders I meet all want to start their own companies. I've never met one that wanted to be a "CTO". In NYC, I have no trouble believing there are lots of devs who want to make MD before they buy a house or start a family or whatnot. But that's something very different than "CTO".