How did we create a society where we can’t afford to live in our own country?

Re:How did we create a society where we can’t afford to live... by api on Wednesday October 25, 2017 @02:03PM (#15552461)

Kids do those things everywhere but there's a difference in intensity.

I agree about VCs. In my experience the coastal cities do not have a monopoly on talent but they do have a strong monopoly on investment capital for new businesses.

I think it's a branding thing too. If you were an angel and saw a company on AngelList would you be more likely to fund them if they were from:

(a) Mountain View, California

(b) Los Angeles, California

(d) Cincinnati, Ohio

(e) Louisville, Kentucky

I bet you picked (a).

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Re:How did we create a society where we can’t afford to live... by deadmetheny on Wednesday October 25, 2017 @03:56PM (#15553553)

I'd be more inclined to pick (d) or (e), due to living in the Midwest and wishing to do my part to help fund new ventures in this part of the country. Which really just loops back to proving that the VC investment opportunities are limited to the coasts where those VCs are located - it makes good sense for them to want to invest in their local-ish economies, after all.

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