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by zach 5268 days ago
This is starting to happen all over. Tech startup accelerators in places like Vancouver are in danger of becoming a farm system, a "minor league" of tech entrepreneurialism.

A team that attracts attention will impress the scouts (either acquirers or investors) who will sign them up to play for the "big leagues" in the Bay Area.

This isn't malicious, but so many accelerators are trying to build a community, which is really hard to do when so many potential leaders of that community decide to 301.

2 comments

I don't think this goes against the efforts to build a community in satellite locations. The reality is that there aren't many potential acquirers in Vancouver (virtually nil for consumer internet), so one takes an exit where one can get it. The community is helped by the fact now that when startups are raising in the Bay Area we can point to a company that was in the same geography that made a return for their investors.
Along these lines, it makes me wonder how long it will be until we see the rise of free agency in the tech sector.