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How to Make Pittsburgh a Startup Hub

paulgraham.com

301–310 of 367 posts

Re: How to Make Pittsburgh a Startup Hub

#301

Earlier quoted context omitted.

PG was wrong to say that you cannot be too strict about historic preservation because it leads to the exact problem we have in SF right now -- there is no physical reason this city can't be more dense and remain beautiful (look at Paris for an example of how this might be possible), but there are many, many political reasons.

There are also economic reasons. Parisian density is only possible with a great underground transportation system. That's hugely expensive to build and takes decades. SF has traditionally been a boomtown economy with corresponding bust cycles, so it's harder to make those kinds of investments. They are happening (e.g. the Chinatown extension) but more conservatively.

> Parisian density is only possible with a great underground transportation system. That's hugely expensive to build and takes decades.

It takes decades as an artifact of governmental processes. There's no necessary reason it should take decades.

Re: How to Make Pittsburgh a Startup Hub

#302

Earlier quoted context omitted.

Wow, gas stations like that in an urban setting really are awful. But then again St. Louis has long sacrificed its neighborhoods for the ill-conceived benefit of automobiles.

I live less than half a mile from the new QuikTrip mentioned above. This part of the city isn't really what I'd call an urban setting. It has a sprawling Sheet Metal Worker's Union building a block wide, a Mack Truck dealership, and a 4-lane-wide street. http://i.imgur.com/QTHKGdu.jpg

That's right, of course, which is why the more interesting question is how could we let that corner get so bad that the best argument that can be made against a terrible development is that what's there is already terrible

Re: How to Make Pittsburgh a Startup Hub

#303

Earlier quoted context omitted.

I bootstrapped my startup so I indeed never needed outside money (well rather never really tried given that we started during the 2000-2002 nuclear winter). But if I had to do it again, especially in the current VC environment, I would raise money. It can be slow and tedious to bootstrap (took us 12 years to grow to 125 people and exit) and a lot of good startups in Pittsburgh seem eternally stuck in the seed stage.

Even if you do need to raise money, why is it a necessity to run your company out of the same city that your investors are in? I've never had to personally raise money for a startup, but I see a lot of the face-to-face meetings starting off as warm email/phone intros. Even if you have to constantly travel to NY/CA/* to meet prospective investors isn't it still a better value to run a business somewhere with a low cos…

Part of what an investor provides is a network. That network tends to be where the investor is.

Re: How to Make Pittsburgh a Startup Hub

#304
" Can you imagine a headline "City ruined by becoming too bicycle-friendly?" It just doesn't happen."

Except in Sydney, Australia. Welcome to Murdoch's backyard:

"On a bike path to chaotic traffic: new cycleways could mean more gridlock for city drivers "[1]

"The cycle of waste will cost us $76 million" [2]

"SLOW LANES: If they don’t want it, take it off them" [3]

[1] http://www.news.com.au/national/nsw-act/on-a-bike-path-to-ch...

[2] http://www.news.com.au/national/nsw-act/the-cycle-of-waste-w...

[3] http://blogs.news.com.au/dailytelegraph/timblair/index.php/d...

Re: How to Make Pittsburgh a Startup Hub

#305
I am an investor, with 500 startups. Originally from Pittsburgh, went to CMU- tremendous love for the place. Will come to find great companies to give them money. I particularly look at FinTech but would love to look at other stuff. Drop me a line if I can be helpful. Not hard to find me.

Re: How to Make Pittsburgh a Startup Hub

#306

Earlier quoted context omitted.

> Also, what is your definition of a "top university"? Ivy? Great, well-known, research CS university. Think Stanford, Berkeley, etc. In Texas there's UT and to some extent Rice... neither in Dallas.

Yes, there is. UT Dallas is third ranked public school in Texas and a top tier STEM research school. Dallas is perhaps best suited for building a company.

It's not even ranked in the top 100 US universities. That's nowhere near the level of Stanford, Berkley, or even CMU.

Re: How to Make Pittsburgh a Startup Hub

#307

Earlier quoted context omitted.

I bootstrapped my startup so I indeed never needed outside money (well rather never really tried given that we started during the 2000-2002 nuclear winter). But if I had to do it again, especially in the current VC environment, I would raise money. It can be slow and tedious to bootstrap (took us 12 years to grow to 125 people and exit) and a lot of good startups in Pittsburgh seem eternally stuck in the seed stage.

Even if you do need to raise money, why is it a necessity to run your company out of the same city that your investors are in? I've never had to personally raise money for a startup, but I see a lot of the face-to-face meetings starting off as warm email/phone intros. Even if you have to constantly travel to NY/CA/* to meet prospective investors isn't it still a better value to run a business somewhere with a low cos…

> Even if you do need to raise money, why is it a necessity to run your company out of the same city that your investors are in?

It's almost never necessary but try telling an investor that. The amount of investors that said no to the start-up I'm currently working at, simply because it was on the East coast (that was literally the only reason given), was simply astonishing. In a world where you can be anywhere in essentially, physically, in less than a day (typically hours domestically) or instantly digitally technology investors would stick their noses up due to physical location.

I love SF but it just didn't make sense at the time and it's still insanely expensive there!

Re: How to Make Pittsburgh a Startup Hub

#308

I bootstrapped a company in Pittsburgh in 2000 (the founders all came from CMU - I am from France originally) with a good exit in 2012. When I moved there the food scene was nonexistent and people in the US still perceived Pittsburgh as a bad place to be (e.g., a lady I met in CA responded with "Oh I am so sorry" when I told her I was living in Pittsburgh). CMU also didn't really understand startups - we were the fir…

> we were the first company to ever do something with a technology that CMU released to the founders.

Boom. A few thousand people vaporized, James Gosling among them.

https://en.wikipedia.org/wiki/Gosling_Emacs

https://en.wikipedia.org/wiki/PERQ

https://www.pdf.com/Home

etc, etc.

Re: How to Make Pittsburgh a Startup Hub

#309

Earlier quoted context omitted.

I wouldn't associate "red state culture" and a particular city in that state together. Remember, Austin is a city in Texas.... The 4 major cities in Texas in fact are either well mixed or liberal (Dallas, Houston, Austin, San Antonio). I hardly move my car on the weekends, get around just fine. My current job I have to commute by car (actually I could ride the train technically...), but many people walk/use public tr…

> Also, what is your definition of a "top university"? Ivy? Great, well-known, research CS university. Think Stanford, Berkeley, etc. In Texas there's UT and to some extent Rice... neither in Dallas.

>In Texas there's UT and to some extent Rice... neither in Dallas.

How do you mean "to some extent Rice"?

Rice is #18 in the US News ranking of top colleges in the US and has a 17% admission rate--the highest rated univ in Texas. It has a top-notch CS dept, most particularly well known for its compiler research.

Disclaimer: I did not attend Rice, but know several people who attended its CS program.

Re: How to Make Pittsburgh a Startup Hub

#310

I for one "treat the people starting these little restaurants and cafes as your users" in SF and I can tell you, the permitting process is not the biggest problem. It's costs. Commercial rents have skyrocketed. Moreover, residential rents have skyrocketed to the point where few people in the service industry can afford to live in SF at market rates. Even if you can find a space, how are you going to staff it? Who's w…

Maybe we don't want to continue. Maybe the insane rents will cause closures of a lot of the places that make SF attractive to the tech workers, and slowly SF will become less of a destination for them, and they will start flocking to other places instead of to SF. And then maybe tech companies will have to open offices elsewhere and the situation will equalize itself that way. But then I'm not personally invested in…

Would be nice. There are network effects, though, that make this less likely. If prices "succeed" in driving people out, prices will fall to the point that people come back in (as long as the network of money and jobs stays intact).
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