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The author of this article unwittingly makes the argument he was trying to oppose, which is that money drives your choice of location. He acknowledges that his
by flipper 17y ago
The author of this article unwittingly makes the argument he was trying to oppose, which is that money drives your choice of location.
He acknowledges that his startup was 100% bootstrapped and profitable. In those happy circumstances it doesn't really matter where you are located, unless taking venture capital would help you grow faster (if fast growth is your goal).
However most startups wouldn't exist without some capital, and Silicon Valley has the highest concentration of wealthy tech investors. Those investors like to be able to keep a close eye on their investment, ergo all the entrepreneurs cluster where the money is.