Re:Introducing Initialized Capital
by garry on Monday October 24, 2016 @08:11PM
(#12784062)
I'd say 2/3rds are in the SF Bay Area.
SF/SV is still the most concentrated place for startups, so when you want to grow fast it's still probably the most concentrated place for talent and capital. You can certainly start a company anywhere (and people are, and that's great!), but when you want to grow fast many people still move here, now increasingly at the Series A.
Re:Introducing Initialized Capital
by fapjacks on Thursday October 27, 2016 @12:22PM
(#12806476)
I love the bay area. Worked at startups there off and on for over twenty years. But it's precisely because its the center of the universe that when I start my next company, I'm going to do it somewhere else. I do love it there though.
SF/SV is still the most concentrated place for startups, so when you want to grow fast it's still probably the most concentrated place for talent and capital. You can certainly start a company anywhere (and people are, and that's great!), but when you want to grow fast many people still move here, now increasingly at the Series A.