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How important do you feel it is for a startup to move to, or at least fundraise in SV?
by solve 11y ago
How important do you feel it is for a startup to move to, or at least fundraise in SV?
- eries 11y agoI'm conflicted. Personally, I think SV is a magical place and that's why I live here. OTOH, it's also a very fad-driven place and some people get distracted by the noise. Plus, there are clearly many other startup hubs where founders can thrive these days. So, as a citizen of the USA: come here, help make us great As a citizen of the world: transform your city into a startup hub I guess what I'm saying is there is some truth to the saying that "Silicon Valley is a state of mind" and also some truth to the saying "that sounds great but a lot of the money is on Sand Hill Road."
- solve 11y agoIs it investors that attracts startups to a city, or startups that attract investors to a city, or something else? Everyone I've heard talking about transforming cities into startup hubs, always frames it as "make some good startups and everything else will come."
- eries 11y agoIt's a classic two-sided market problem. If you just make great startups, won't they migrate to a better startup hub when they have enough traction to do so? I think it's about creating a true startup community where people want to stay and reinvest in the next generation. Brad Feld wrote a whole book about it, btw.