Imagine every startup in the world moving to SF! The startup world will get trapped in a cycle of exorbitant rents/salaries and exceptionally high burn rates. T

Imagine every startup in the world moving to SF! The startup world will get trapped in a cycle of exorbitant rents/salaries and exceptionally high burn rates. This would mean that 'real' innovations would more or less die down and any company which is in an 'attractive space' and can raise money would be free to spend it on even more rent/salaries. Spending on ever higher rent/salaries so that they can 'compete' for limited resources. The situation has come down to '10 year lease deals' being the last option. The cycle will continue until we realize how we got caught in this trap in the first place!! I would've had no motivation to move if people didn't keep telling me that I wouldn't be able to raise money because VCs didn't like to invest 'outside the bay area'!! I tried to reason with a partner at one such VC firm and he said 'that is how the world works'. Seriously?!! This is a guy trying to invest in innovation and yet is so oblivious to bringing innovation into their own sector. Sorry for the rant.