Re:GitHub blocks entire company because one employee was in ...
by f6v on Tuesday January 05, 2021 @08:11AM
(#25645106)
Well, we shouldn’t just assume that Silicon Valley has to be a place. The lockdown showed that numerous companies can operate 100% remotely. And I got the impression that there’s always more money than startups.
Re:GitHub blocks entire company because one employee was in ...
by waihtis on Wednesday January 06, 2021 @02:57AM
(#25655554)
Silicon Valley absolutely has to be a place and people will return to face-to-face social contact the minute that is possible. It is impossible to build long-term meaningful relationships on a 100% remote basis.
As someone else mentioned, capital is way harder to raise (meaning slower to market) - and then an underrated factor which is equally important is how easy or difficult is it to sell as a nascent startup. At least in my industry (cybersecurity) it has been very hard in the EU vs US in the earlier stages of product maturity.
Much like the parent comment, I don't see this changing anytime soon and I'm fully betting on the fact US will keep their dominance in tech.