New York vs San Francisco in fight for tech start-ups

The one thing I didn't quite like when I heard PG speak at one of YCombinator's events in NYC was his insistence that you need to move to the Valley in order to launch a successful startup. Even at a seed-stage, there's great funds out there (TechStars Network among others) that happily invest in people all over the country.

Re: New York vs San Francisco in fight for tech start-ups

#8

Post by leak » Tue, Dec 13, 2011, 4:23 AM UTC

Fun video. I want some coffee.

I think there is something to be said about being in the valley and being part of the collective. But, I also think being in other places (ie: LA, ATL, etc) gives you a different perspective on what you're working on. And, for me, having everyone in the coffee shop be part of startup is a bit of a burnout. No escape.

Re: New York vs San Francisco in fight for tech start-ups

#9

Post by forensic » Tue, Dec 13, 2011, 4:27 AM UTC

Sounds like PR hit for New York venture capital.

Re: New York vs San Francisco in fight for tech start-ups

#10

Post by nicholasjbs » Tue, Dec 13, 2011, 4:29 AM UTC

keecham wrote: post #7

The one thing I didn't quite like when I heard PG speak at one of YCombinator's events in NYC was his insistence that you need to move to the Valley in order to launch a successful startup. Even at a seed-stage, there's great funds out there (TechStars Network among others) that happily invest in people all over the country.

you need to move to the Valley in order to launch a successful startup

pg didn't say that at YC NYC. He said he thought that the Valley was still better than New York, but that New York was now good enough that startups could succeed there. He also said he no longer tries to convince founders to stay in the Valley if they're planning on moving back to New York after YC.