News for hackers. Stuff that matters.

A comment on Relocating our startup from Seattle to Morocco. Parent comment

Re:Relocating our startup from Seattle to Morocco by Johnny555 on Wednesday November 18, 2015 @07:09PM (#10591730)
Which is why so many startups are located in the SF Bay area. Rent is absurdly expensive and hard to find (both office space and residential space) thus salaries and operating expenses are high -- good tech people can pretty much name their price.

Yet, despite this, at the end of the day, it's still the best place for many tech startups - they have a nearby talent pool (even though it can be challenging to entice people to make the leap), plus there are plenty of investors nearby.

But if you're trying to bootstrap a startup with your own funds and a few friends, I can see why moving to a place with a very low cost of living would be beneficial.

[ Parent | on HN ]
Re:Relocating our startup from Seattle to Morocco by gizi on Thursday November 19, 2015 @01:53AM (#10593173)
The reasoning about investors is circular. In order to be nearby investors, these startups need lots of money, which means they need investors, so that they can be nearby them. These investors then end up owning most of the shares in these startups. That is good, because these startups are nearby anyway.
[ Parent | on HN ]