[freyr]

One reason why the SF Bay Area attracts so much tech talent is that techies have high status here.

Boston is the second biggest location in the U.S. for startups, but as a tech worker, it was a much worse place to be status-wise. Boston is teeming with doctors, corporate lawyers, management consultants, investment bankers, etc., who generally have much higher status (and typically earn much, much more money) than a developer there.