Re:Why sclerotic California hasn't yet stifled the extraordi...
by Rod on Saturday May 29, 2010 @12:35PM
(#1388901)
1) I would pick no company because the SV is not a homogeneous habitat. You have capital-intensive startups founded by PhD's trying to capitalize on 20 years of research... and you have startups bootstrapped out of lunchmoney by a couple of college dropouts who believe their new app will be a killer. Seriously, technology is more than the web.
2) generally speaking, imposing constraints can only decrease the maximum of the objective function one is trying to optimize; I did not say that such policies do hurt, I suggested it's not hard to see how they can hurt.
2) I've been at justin.tv since long before we were big enough to have a finance arm. I may have little idea of how those policies can hurt really big companies, but the interesting thing about Silicon Valley isn't the big companies - it's the startups.