| A great question that I don't fully know the answer to. I've never lived on the west coast, so I can't specifically speak to the benefit of starting in SV. I think there are a few factors at play. What do you need for your startup to succeed? Can you reach your audience for research and marketing online or on the phone, or do you absolutely need to meet customers in person? Amy Hoy and Steve Blank fight it out in my mind on this one. Do you need large capital investment? Will a board of experienced investors accelerate you with relevant advice? Consider the scale of your goals. What do you need personally to succeed? Can you do it all yourself, or contract or work with people you already know, all online? Or will you need to hire? How helpful do you find it to have tech/business meetups locally, for your own edification or for building your network? My perception is that moving to they Valley can be helpful. Not in a "you have to move west and your company will die a lonely death otherwise" way, but in a "do everything you can to stack the deck in your favor" way. Like Leah Culver stressed in her talk, the serendipity factor goes way up when you're in such a startup-dense area. You'll bump into talented people of all kinds. Not to say that isn't the case elsewhere - I find Boston and NY to both be enjoyable and productive. We're filling up 100-person events at Boston.rb, and I've heard the NY lean startup circle is super high-signal. |