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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

#151

Earlier quoted context omitted.

I think the point is that tax isn't driving an exodus of businesses/entrepreneurs as OP suggested. The opposite is true and it's driving out lower income people. Oakland, for example, is growing like SF with 10+ tall buildings going up this year downtown to accommodate tech companies and their employees.

The opposite is true and it's driving out lower income people. Which would reduce viewpoint diversity. Please check your reading comprehension. You seem to have gotten it 180 degrees in the wrong direction.

> Please check your reading comprehension.

No need for this kind of comment on here.

Yes. I agree with you. I was backing up what nrb was saying and that gesman was wrong. One effect is reduced diversity.

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

#153

Earlier quoted context omitted.

The opposite is true and it's driving out lower income people. Which would reduce viewpoint diversity. Please check your reading comprehension. You seem to have gotten it 180 degrees in the wrong direction.

> Please check your reading comprehension. No need for this kind of comment on here. Yes. I agree with you. I was backing up what nrb was saying and that gesman was wrong. One effect is reduced diversity.

Yes you're right. It's my reading comprehension error. I reacted to your comment as:

"hellllllooo I think the point is that tax isn't driving an exodus of businesses/entrepreneurs as OP suggested. The opposite is true and it's driving out lower income people."

Which would sound pretty awful and condescending in context. (I imagined the voice of Miss Martian saying this.) However, that's your username, not a part of your comment.

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

#154

Earlier quoted context omitted.

> Please check your reading comprehension. No need for this kind of comment on here. Yes. I agree with you. I was backing up what nrb was saying and that gesman was wrong. One effect is reduced diversity.

Yes you're right. It's my reading comprehension error. I reacted to your comment as: "hellllllooo I think the point is that tax isn't driving an exodus of businesses/entrepreneurs as OP suggested. The opposite is true and it's driving out lower income people." Which would sound pretty awful and condescending in context. (I imagined the voice of Miss Martian saying this.) However, that's your username, not a part of y…

Haha no worries. Enjoy your day.

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

#155
post #44

FB group for anyone else considering leaving: https://www.facebook.com/groups/373683909882919/ I can tell you that Miami would definitely like you here, even our Mayor cosigns: https://twitter.com/FrancisSuarez/status/1100425644968738822

Phoenix area is another option... Scottsdale, Tempe and Chandler in particular are very business friendly. Yes, it's hot as hell for about 3 months out of the year, but AC works, and it's pretty easy to get a remote start option for your car.

Developer pay relative to the greater population and cost of living is also really good compared to a lot of places.

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

#156
post #42

As someone in the hemp business, I have a relatively unique reason. There's no hemp (CBD, non-psychoactive) program in Oregon. You can do cannabis in California but not CBD. I moved everything to Oregon. It's funny that the cannabis industry in California is actually trying to slow down any regulation allowing THC-free, hemp derived products.

Did the "recent" changes to the farm bill affect this in either the short or long term? Just curious.

Absolutely. Long term I think it's going to open up in many states.

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

#157

Earlier quoted context omitted.

> $600,000 a year > be wildly rich in a couple of years pick one

What don't you get? In a couple of years you'd be a millionaire and richer than virtually anyone in the world. And in a few more you'd be a multi-millionaire and richer than virtually any American. If you want to carry on working for 10 years to try and become a billionaire, which will almost certainly not happen, go for it.

> What don't you get?

No reason to assume I don't get something here. Learn to leave room for your own ignorance and blind spots.

600k/y doesn't make you a millionaire in a year or two, especially in SV, no matter how hard you try. And it certainly doesn't qualify you as "wildly rich".

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

#158

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…

Sure Silicon Valley is great for raising money but it's horrible for running and scaling a business. Why undergo all that overhead? Create a real business in a place you can find talent and sustain. You can always travel or have a presence in SV to raise money. Thoughts?

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

#159
post #44

FB group for anyone else considering leaving: https://www.facebook.com/groups/373683909882919/ I can tell you that Miami would definitely like you here, even our Mayor cosigns: https://twitter.com/FrancisSuarez/status/1100425644968738822

I would love to start a business in Miami but the COL seems pretty high. I feel like it's probably the best place in the world to start a latin america-focused tech company (social networking, streaming, fintech, etc.) and it seems like a great place to live. Does anybody happen to know what kind of companies the VC's there are focused on - could see pure tech plays being outside of their core competencies and thus u…

Yes definitely check out startup.miami - it’s a good starting point.

I’m also happy to connect you, just drop me a line.

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

#160

Earlier quoted context omitted.

I would love to start a business in Miami but the COL seems pretty high. I feel like it's probably the best place in the world to start a latin america-focused tech company (social networking, streaming, fintech, etc.) and it seems like a great place to live. Does anybody happen to know what kind of companies the VC's there are focused on - could see pure tech plays being outside of their core competencies and thus u…

I grew up there, I'm a Peruvian immigrant and just don't understand why people think Miami is good for tech. Solid engineers just move to the Bay Area; who wants to keep living in Miami which has such a cultural aversion to education, a major machismo problem, and frequent flooding. If you want to work with LATAM, hire Latinx engineers in the Bay (there are lots of us) and hire tech people in Argentina, Mexico, Chile…

I’m the son of a Peruvian immigrant who also grew up here. Things have been changing - FIU runs the largest comp sci program in the SouthEast.

Companies are getting funded & acquired. Engineers are building cool things and meeting regularly. Plus there are plenty of LatAm HQs here.

You should come back & visit, I’d be glad to show you around and introduce you to the people building real companies.

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