Re:How to Pass a Programming Interview
by staunch on Tuesday March 08, 2016 @03:36PM
(#11248391)
I've worked for LA and NY companies (among others) and never seen anything like the elitism that exists in Silicon Valley.
Silicon Valley is mostly funded by a few elite institutions, so it shouldn't be a surprise that they fund elite VCs, which then fund elite founders (and hire elite employees).
The funding sources in LA and NY are much larger and more diverse, so the elitism is far more diluted. It's a market opportunity that SV investors are so biased. Crowdfunding with equity might totally upset the applecart at some point.
Silicon Valley is mostly funded by a few elite institutions, so it shouldn't be a surprise that they fund elite VCs, which then fund elite founders (and hire elite employees).
The funding sources in LA and NY are much larger and more diverse, so the elitism is far more diluted. It's a market opportunity that SV investors are so biased. Crowdfunding with equity might totally upset the applecart at some point.