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> In fact I would think that most investors would look at the irrationality of such a poor decision for the financial health of a company and decide against fun
by anon14u1209400 12y ago
> In fact I would think that most investors would look at the irrationality of such a poor decision for the financial health of a company and decide against funding it. It's indicative of bad, emotional decision making.
The comical part of this is that YC does just this [force/strongly encourage] their tech startups to be located in one of these locations.
- downandout 12y agoTrue, although YC is a pretty special case where they actually leverage that physical proximity extremely well. They have office hours with powerhouse investors and entrepreneurs, dinners with special guest speakers, access to a large number of angel investors with whom they can have meetings, etc. These are resources that startups living in crack motels in SF aren't going to have access to. So for those privileged few lucky enough to be accepted to YC, being in SF at least for the duration of the program certainly makes sense.