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    • I'm seriously shocked by the Atlantic article. I live in the Silicon Valley, I've made my life startups, and my perception is I've never seen anything like the current environment. In my perception, the difference is the rise of a half dozen incubators like Y Combinator, which are everywhere now and turning out huge classes of entrepreneurs each year.

      I'm data free compared to the Atlantic reporter, so maybe they have a point about it being just Silicon Valley, New York and Austin. Austin? I would have thought Seattle. Can confirm Sweden and China.

      What I do think everyone talks about is how tough the incumbents have become to compete against. It used to be that big companies lost their ability to innovate but Amazon, Google, Apple, Facebook, and Tesla have become fierce competitors. Some startups are crushing it like Uber, Slack, Square and Airbnb. Far as I can tell, it's super cool around here to work for any of those companies except Facebook, and just two years ago Facebook was the coolest of the cool.

    • Thanks for the shoutout 👍

      As for your question, I need clarification on what exactly constitutes a "startup". In Malaysia we have a lot of young entrepreneurs, but they mostly open cafes, online businesses etc. Nothing even close to the scale of some of the startups @Chris mentioned. I'd say millennials in Malaysia are very keen to learn and be part of the entrepreneurship movement, but in my definition, those don't really seem like "startups".

    • 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.