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It's a little unfair to blame startups, they largely just set up shop where the capital is. Most VCs required startups to be headquartered near by for easier ma
by alpha_squared 1y ago
It's a little unfair to blame startups, they largely just set up shop where the capital is. Most VCs required startups to be headquartered near by for easier management/communication. The tech scene in SV had such exceptionalism that it quite literally viewed any startup not in SV as an inevitable failure. Even YC mandated startups be in SV.
- csomar 1y agoNot sure why you are down voted. This is a requirement for many of the VCs in the valley. You have to be both US-based and “nearby”.