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Some do, actually, but the reason why startups are in Silicon Valley is because that's where the VC are. VCs want to be able to drive their Tesla from Atherton
by eloisant 13y ago
Some do, actually, but the reason why startups are in Silicon Valley is because that's where the VC are. VCs want to be able to drive their Tesla from Atherton or Marina to check how the company is doing.
So a startup can hire remote tech workers, but it still needs to be somewhere with capital in order to pays those remote workers. And most VCs are in SV, in particular VCs willing to invest tens of millions in a startup.