3 ms·
The market has also drove San Francisco based startup valuations to ridiculously high levels - you have to take the bad with the good. All else being equal, a
by courtson5 12y ago
The market has also drove San Francisco based startup valuations to ridiculously high levels - you have to take the bad with the good.
All else being equal, a Silicon Valley/San Francisco based startup is able to achieve a much higher valuation than an equivalent startup outside San Francisco. However, this Silicon Valley/San Francisco based startup has to deal with higher real estate and salary costs.
- peteretep 12y ago> All else being equal, a Silicon Valley/San Francisco > based startup is able to achieve a much higher > valuation than an equivalent startup outside San > Francisco. How sure are you that that's true, and if you are, why do you think that is? Is it really so hard for a founder in - say - Vegas - to get on a plane to SF frequently enough to neutralise any location advantage? If so, sounds like a massive opportunity for a VC to get some really cheap deals (and hence my skepticism).
- walshemj 12y agoNo because its the deals that get by bumping into some one at a bar or socially. flying in for a few 9-5 days a month is not the same.