Hacker News new | ask | show | jobs
by xbeta 3586 days ago
Is it really required to found a startup inside US to have a greater chance of success? Or more specifically in the bay?

I have seen many successful startups found in other countries (such as China) Alibaba, Tencent, etc.

Is this a push that all talented software engineers HAVE TO move to the bay to become successful?

I'm very doubtful on that claim.

3 comments

"Required", no, but being in the US gets you access to the world's largest truly single market#, the world's largest IT talent pool and the world's largest startup ecosystem. Put another way, if you had the choice, why not do it in the US?

# Thanks for trying, EU, but you're nowhere near there yet, and those language barriers aren't going anywhere anytime soon either.

No, they dont' have to.

However, if you are startup, then startup == growth, which means having access to lots of capital, fast. Therefore, you should move to where there's an abundance of money, harboring people with just the right mindset to invest.

where there's an abundance of money, harboring people with just the right mindset to invest.

Right now it's the best time in the last 15 years in mainland China to seek VC.

> Is this a push that all talented software engineers HAVE TO move to the bay to become successful?

A fresh grad in the Bay earns more than a 40-year-old director of engineering in Toronto.