As someone who lost out big on a previous startup situation because I wouldn’t move to San Francisco, this stings a little. In retrospect, SF really would have been the best place at the time, but I don’t believe it was the only place to do a startup like it was portrayed.

COVID really forced a shakeup of the status quo with remote work. We all saw that coming.

What I didn’t see coming was the massive amount of capital floating around in this COVID economy. Investors previously had the upper hand because they controlled a scarce resource, but now they’re all fighting to get allocations in interesting startups. Investors have to branch out of the usual startup cities to find deals.

Should be interesting for the startup world. I don’t see SF declining as a startup hotspot, but at least it’s no longer the only acceptable option.