Re:10% unemployment yet every startup in NYC struggling to hire
by mgkimsal on Monday December 13, 2010 @07:36AM
(#2000246)
Except there's obviously not enough talent density in areas where companies claim they can't hire anyone. Or there is and no one wants to work at those companies because the pay is too low, or conditions are abysmal.
When talent concentrates like it does in SF and NY, it creates a culture that becomes more valuable than the sum of it's parts. You've got people who are constantly meeting and exchanging ideas, often by coincidence or near accident. This doesn't happen when in areas without enough talent density to create a concentration. The same pattern is repeated in many forms of art and business.