Re:How Michigan grew its startup ecosystem
by ramraj07 on Saturday November 13, 2021 @06:14PM
(#29213995)
Commenter OP said company so your statements are fair. But if They said startup then you’d be wrong - for startups costs don’t matter initially, growth does. You get vc funds to cover costs no matter how much they are. In that regard Michigan (till Covid) wasn’t probably a great place to start a startup.
Re:How Michigan grew its startup ecosystem
by bumby on Saturday November 13, 2021 @09:03PM
(#29214870)
I don't think this is 100% accurate but often spoken about, particularly in tech circles. I think it's more accurate to think of it in terms of if you're not profitable, you can buy time with growth until you can find a way to become profitable. But ultimately profits (and by extension, costs) will always matter.
That just demonstrated your ignorance. I advise companies in Australia, Asia and Europe. Also, I am establishing new facilities in Maryland to help international companies establish in America.
Costs matter...Baltimore is about 1/2 the price of Boston with a similar employment pool. Almost all B2B is easier if you are physically closer to your customers. in Life Science, FinTech or GovTech is a necessary.
Location matters but so does employee lifestyles. Affordable housing and family support is more important.