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by jpao79
2928 days ago
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For better or worse, I think a good analogy is making a movie in Hollywood versus anywhere else. Yes you could make your movie in New Hampshire, but it'd be that much more inertia to find a screenwriter, to cast the talent, find the crew and get funding, etc. And for tech startups, where time is of the essence and the secret recipe for making a blockbuster tech IPO is somewhat ephemeral, why risk it if the opportunity really is as amazing as you are telling the VCs and LPs. Another aspect is a lot of startups have the back-up plan to get acqui-hired by FANG or Cisco which are located in SF/Bay Area, so it make sense to have the key talent on the team prepared for that eventual integration/docking with the mothership. |
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