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Why entrepreneurs are leaving the Bay Area for their next startup

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Re: Why entrepreneurs are leaving the Bay Area for their next startup

#121

Post by state_less »

jedberg wrote: post #88
johannes1234321 wrote: post #74

Earlier quoted context omitted.

Depending on the amount of communication needed for being efficient. I work 10+ years in a Rendite First organisation and there are regular times where I think "damn, discussing this over the water cooler, while running into each other, would be more efficient" than a chat exchange or setting up a video/phone conf. Of course on the plus side I have the uninterrupted working hours, where nobody walks in to me and flex…

I actually saw an interesting solution to this. I don't remember what company it was, but they had a designated "water cooler time" where they had a video chat up every day that anyone could pop into and talk about whatever they want, business or not. It gave people a chance to have those serendipitous conversations and built team morale.

I'll second this. Turning the camera on 15min in the morning to chat about anything: pressing issues, vacation or home life makes for good digital water cooler time.

Re: Why entrepreneurs are leaving the Bay Area for their next startup

#122

Post by analog31 »

babyslothzoo wrote: post #106

TLDR: cost of living But leaving for another west coast city is not going to improve things much, housing and cost of living in Los Angeles, Seattle, Portland, etc are also very high when compared to costs elsewhere in the USA. The midwest and south should be aggressively courting entrepreneurs based on cost of living alone.

We are, but nobody has discovered the silver bullet, if there even is one. Every medium sized city dreams of being the Something Valley.

Re: Why entrepreneurs are leaving the Bay Area for their next startup

#123

Post by llukas »

nkkollaw wrote: post #116
llukas wrote: post #101

Earlier quoted context omitted.

GP comment can be backed up with news reports and with quotes of MP/government members. What do you need more? > because you love campaigning against your own country Democracy works best when discussion is open.

So, you judge/don't go to a whole country because of what its politicians say? The USA's president has been saying a lot of questionable things, but I don't see anyone fleeing SF..?

> campaigning against your own country, or just to spread misinformation

Those were original discussion goal posts. Criticizing Trump or democrats based on facts is neither "campaigning against own country" neither misinformation.

> The USA's president has been saying a lot of questionable things, but I don't see anyone fleeing SF..?

There is more of this: https://www.theregister.co.uk/2017/07/16/trump_travel_ban_se... https://business.financialpost.com/technology/tech-conferenc...

Re: Why entrepreneurs are leaving the Bay Area for their next startup

#124

Post by johannes1234321 »

state_less wrote: post #121
jedberg wrote: post #88

Earlier quoted context omitted.

I actually saw an interesting solution to this. I don't remember what company it was, but they had a designated "water cooler time" where they had a video chat up every day that anyone could pop into and talk about whatever they want, business or not. It gave people a chance to have those serendipitous conversations and built team morale.

I'll second this. Turning the camera on 15min in the morning to chat about anything: pressing issues, vacation or home life makes for good digital water cooler time.

"morning" is a relative term, when distributed over continents :)

Re: Why entrepreneurs are leaving the Bay Area for their next startup

#125

Post by scarmig »

nkkollaw wrote: post #116
llukas wrote: post #101

Earlier quoted context omitted.

GP comment can be backed up with news reports and with quotes of MP/government members. What do you need more? > because you love campaigning against your own country Democracy works best when discussion is open.

So, you judge/don't go to a whole country because of what its politicians say? The USA's president has been saying a lot of questionable things, but I don't see anyone fleeing SF..?

You don't see the mayor of San Francisco being stabbed to death in public for being pro-gay.

Re: Why entrepreneurs are leaving the Bay Area for their next startup

#126

Post by 0xBABAD00C »

mattmanser wrote: post #67
potatofarmer45 wrote: post #19

SV isn't the best fit for a lot of startups. It really shouldn't be the default location for all startups especially since there are different options that offer different things (NYC, Denver/Boulder, Austin etc). The Bay Area has 3 things that set it apart from anywhere else and startups that really need this have no other real choice: Investors who are willing to invest super early Lots of top tier engineers An ext…

It's not a seed round if you're making $600,000 a year. You could stop all development, fire every expensive person apart from some basic cheap support staff, and be wildly rich in a couple of years just from that.

> $600,000 a year

> be wildly rich in a couple of years

pick one

Re: Why entrepreneurs are leaving the Bay Area for their next startup

#127

Post by souprock »

justboxing wrote: post #53

Ah, If I had a dollar for every time a post like this shows up on HN, I'd be a millionaire. It's either this, or some personal anecdote of how some founder took his startup to Austin, Detroit, Nashville, Seattle .. and they are kicking butt. Last I checked, San Francisco alone accounted for 25% of the V.C Money and San Francisco + Silicon Valley accounts for over 45% of V.C. Money. Source: https://www.citylab.com/lif…

The landlords without rent control are enjoying this, as are the homeowners moving out. That 45% feels a lot smaller once you realize that your money doesn't go very far.

It's also not all your 45%. You have more competitors for that investment, so you can expect a smaller slice of the pie or a reduced chance at getting some pie.

Re: Why entrepreneurs are leaving the Bay Area for their next startup

#128

Post by amacbride »

newnewpdro wrote: post #108
opportune wrote: post #59

I'm heavily considering Tallinn for a tech startup - It's easy to get residence status (IIRC basically requires a ~$60k investment in a business you are starting) and extremely easy to start a business. You get access to the EU labor/trade markets in a low COL city which already has a decent sized tech and entrepreneurship presence. The government is actively courting you and in general seems very easy to interact wi…

Tallinn's climate pales in comparison - and I wouldn't exactly call SV's climate ideal. It practically never snows in SV.

That’s a feature, not a bug: we keep our snow in Tahoe, where it belongs!

Re: Why entrepreneurs are leaving the Bay Area for their next startup

#129

Post by souprock »

tomt2323 wrote: post #81
danielcampos93 wrote: post #29

Earlier quoted context omitted.

V An extremely optimistic culture Except on HN where people tend to skew quite negative. Lol

I assume a lot of us negative types are not Bay Area (or even CA) based.

Yep.

An optimist: I could make a start-up and become a billionaire, or at least get $million/year at a FAANG.

A pessimist: I'd probably be sharing a studio apartment and eating dry dog food, or maybe even homeless like so many of the people there.

You see it outside of tech too, for example in acting. The optimist sees movie stars getting over $100,000,000 per movie, so they throw all their belongings in a duffel bag and take the next greyhound to Hollywood. The pessimist knows that most actors fail, with many working minimum wage or risking their health to make NSFW movies. Another place is sports, with the optimist focused on top players and the pessimist well-aware that most are lucky to end up as gym teachers.

So the optimist goes to the Bay Area, gambling his life, and the pessimist chooses a more reliable path in life.

Re: Why entrepreneurs are leaving the Bay Area for their next startup

#130

Post by [deleted] »

nkkollaw wrote: post #2

I wonder why entrepreneurs don't come to Poland to build their product. Warsaw or Wroclaw in particular are vibrant, tech-oriented cities where life is about 1/4 of SF. If I had to bet my future on being able to building something with 1M, I would want to get 4 months instead of 1 for the money. Of course, SF might have better investing ecosystem, but once you got the money development should be done in a more approp…

[deleted]
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