Earlier quoted context omitted.
I think it might suffer from confirmation bias. Say Dropbox started in Milwaukee, WI, but was convinced they needed to move to San Fransisco to be successful. Maybe they would have been successful in Milwaukee, too, but now we'll never know. So now they're contributing to the startup successes that come from SV, but that doesn't necessarily mean that SF was what made them successful. Maybe the reason the parent think…
DropBox is an ironic example because it actually started in Boston. Drew had grown up knowing VCs in the Boston area; some had even told him "If you ever start a company, we'll fund you." DropBox did the YC Summer Founders program, which at the time was located in Boston, but all the Boston groups also did a demo-days out on the west coast because Silicon Valley VCs were better. Sequoia gave them a term sheet within…
Re: Y Combinator When No One Cared
#121This is the most spot-on reply to my comment ever. YES. A thousand times YES. THIS is the problem with Boston. It's probably a fine place to start something. But an almost impossible task to get it funded and supported. This is why I think it's on the downward path. Boston VCs are ridiculous.