The advantage of the existing hubs is the difference between a continuous vs. discrete labor market. If you want a Scala + NoSQL + NLP full-stack expert with 10 years production experience with the JVM and 2 years as a product manager, and you want such a person to start in 3 weeks, you can find that in California-- for some price. In Madison, there are still a lot of great people, but not the massive number of techn…
Since when is New York #2? I thought that, for tech startups, it was, #1. Silicon Valley, #2 Tel Aviv, #3 Boston/Route 128, and then came some sorting of New York, London, Singapore, that triangle in Virginia, whatever city is in the lead in India, etc.
Here is an interesting report on different startup hubs. The top few hubs are Silicon Valley, Tel Aviv, Los Angeles, Seattle, NYC, Boston. NYC is #3 in terms of # of startups, but falls behind on metrics such as talent availability, startup support, and "mindset" (how good the founders are.) Worth a read even if you don't agree with the exact methodology.
http://cdn2.blog.digital.telefonica.com.s3.amazonaws.com/wp-...