The increasing cost of living certainly is an issue for startups. That's the real story here. I found the article about creating a startup in Thailand [1] real

The increasing cost of living certainly is an issue for startups. That's the real story here. I found the article about creating a startup in Thailand [1] really interesting from a cost-of-living perspective. I'm sure many other entrepreneurs here can weigh in on other inexpensive cities in which to live and create a startup. But the YC example doesn't quite back up the main story well. For most entrepreneurs, they won't be getting that $20k. Personally, I'd rather get $20k than $0k. Or, heck, the network and investment signal that an accelerator like YC affords. [1] http://levels.io/bootstrapping-startup-thailand/ http://levels.io/bootstrapping-startup-thailand/