18 ms·
And right now the winds are not favorable for these startups, but because the winds were in that direction 10 years ago, everyone's convinced that's the only di
by BitGeek 19y ago
And right now the winds are not favorable for these startups, but because the winds were in that direction 10 years ago, everyone's convinced that's the only direction the winds blow.
Look at the vitreol I've gotten for pointing out that in fact the winds have changed... people don't want to believe it.
10 years from now, when the US is no longer the dominant place for innovation--- the major growth in innovation elsewhere will have already occured. One would have missed the trend if they waited.
Plus, small startups should not waste money using the old models- they are the ones who can least afford it.
The really cool startups-- right now-- are relocating to former eastern republics. They are saving a lot of money and leveraging the fact that geography does not matter.
But all you'll here in this forum is "You must move to the bay area". Seattle-- not acceptable, even though its the third best place in the US for funding...
Its a totally narrow minded viewpoint, and the winds shifted. The winds shifted in 2000.