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Everytime I read stories about dramatically shrinking cities I wonder if there's an opportunity to create a startup hub. The cities aren't always where the cus
by roberthahn 12y ago
Everytime I read stories about dramatically shrinking cities I wonder if there's an opportunity to create a startup hub. The cities aren't always where the customers are, so probably the only kind of startup that would work would be tech related.
If a dying city invested in great internet connectivity in one neighbourhood, offered extremely reasonable cost of living expenses (mostly cheap rent), maybe even a tax break in the first 2-3 years of your business, would you consider relocating to help keep your startup expenses down?
- avalaunch 12y agoI don't think it would work. If you're selecting a city to start a startup, as opposed to starting one wherever you already are, then ideally you're going to want a low cost of living, a high density of talent, investors, and early adopters. This option would only offer the low cost of living. If your business doesn't need to be physically near your customers, investors, or talent, then you can literally setup anywhere in the world and you'd probably be better off choosing somewhere more pleasant with an even lower cost of living.