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by lindenksv1
3597 days ago
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Industries are successful when they cluster. It's why you see entertainment in LA, insurance in Chicago, biotech in North Carolina, banks in NY, and think tanks and defense contractors in DC. As we move away from manufacturing and into a knowledge economy, being able to quickly exchange and improve on ideas with other people becomes more and more valuable. It's why the entire world is seeing a massive movement toward urbanization. We are not going to see high tech companies set up in places with few potential employees, no research universities, no investors, and no potential partners. It's simply not going to happen even if it looks like the easy way out. If you consider your own fortunes and you consider joining a young up and coming company that is risky because it has a high chance of failure, I think you'll find you are much more comfortable with that risk if your town has hundreds of other employers for you to go to afterwards, rather than just a small handful. The Internet does not and cannot replace the connections you form by accidentally meeting people at coffee shops or parties. Knowing and seeing people on the street in real life has more value and builds more trust than a text message. Do you think that calling your mom is the same thing as visiting her in person? Do you think you could be a good parent via Skype? Of course not. So why do you think that business relationships are any different? |
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Because familial relationships are not transactional in the same way that business relationships are?