Im convinced that the next valley will happen in the place that can attract the most unmarried people ages 18 through 30. What do these people care about? - night life - high density urban living - progressive local governments and freedom (drug and marriage decriminalization). - good public transportation - access to high speed internet - good universities As they grow older and get married, affordable and high spee…
I'm not sure where do you get the idea that people aging 18-30 care about those specific things. I assume Pew will have some statistics about interests and priorities for these ages but I wouldn't be surprised if those are not the main worries of the generation. Yes, urban living is on the rise and with it some of these list item will rise too (density, night life, high speed internet, public transportation...) but t…
I would like it if you were right, but I think you are discounting the critical factor of being able to be face-to-face with somebody. I live and work in Boston, and while it's not SF, I am within a forty-five minute public transit ride of most of my clients and almost everybody from whom I could conceive of needing a favor or an intro. Meeting a potential investor at a coffee shop because they had a few minutes and you happened to be in the area is the sort of thing you don't get with distributed communities, and as much as the I find the Valley to be personally kind of odious, that's an unmistakable advantage.
And this is a problem that technology, hype to the contrary, doesn't seem ready or able to fix. Video chat is not a solution. It may never be a solution. Being able to sit down and talk to somebody is not replaced by talking at a screen (and while I love the current crop of VR tech, I think it will be as effective as Second Life in terms of meaningful telepresence).