Cake
  • Log In
  • Sign Up
    • Hmm, maybe Silicon Valley is seeing an influx of people in part because the startup communities in their home state are in decline.

      I toured one of the local incubator sites when it opened a few years ago and I’d be curious to learn if the number of startup leases has been in decline.

      I don’t believe we have any 🦄 that originated where I live in the Midwest, but we do have some mature tech startups that have been successful here.

      I had thought that the crowdfunding rules that came out a few years ago for non accredited investors would spur local investment in new startups.

    • In the 90s I predicted with great confidence that the startup scene would decline here in Silicon Valley. It was an obvious, easy prediction to get right. Cost of living had become too high. Engineers were in a terrible shortage and hopped from company to company. Smart companies like IBM were starting to offshore their engineering where they could hire 10 engineers for every one we could hire here. Major companies like Lotus and WordPerfect were rising out of places like Boston and Utah.

      Then came Google, Facebook, Salesforce, Tesla, Amazon's hardware engineering center, Airbnb, Uber, Slack, Pinterest, Reddit, eBay, the resurgence of Apple, Pixar, and about 100 more. Rents and salaries quadrupled. I don't think I should be in the futurist business.

      Although, Jeff Bezos predicted the same thing and chose Seattle for his startup.