Re:Retaining Recent College Graduates in Boston: Is There a ...
by dk8996 on Sunday November 16, 2014 @08:05PM
(#8616291)
I think there is a bigger problem in Boston than the cost of living. For people with tech degrees, there isn't enough of a startup engine to create enough opportunities (jobs, risky money, talent).
1) Boston seems to be risk averse when it comes to investing -- its just the mind-set.
2) Boston is really SaaS focused (safe) -- most young people want to work in a consumer space.
3) There isn't enough executive talent and for that matter VP level talent. You can see the evidence in the lack of IPOs. How good number of Boston companies seem to fall out of sky at the same stage (I can name some names but I won’t).
4) Facebook and Dropbox should of been Boston companies.
PS: I still love Boston and I am really happy to be part of the tech scene with such a bright future.
1) Boston seems to be risk averse when it comes to investing -- its just the mind-set.
2) Boston is really SaaS focused (safe) -- most young people want to work in a consumer space.
3) There isn't enough executive talent and for that matter VP level talent. You can see the evidence in the lack of IPOs. How good number of Boston companies seem to fall out of sky at the same stage (I can name some names but I won’t).
4) Facebook and Dropbox should of been Boston companies.
PS: I still love Boston and I am really happy to be part of the tech scene with such a bright future.