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by byoung2
4628 days ago
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Industries tend to cluster. Automakers in Detroit, investment banks in New York, country record labels in Nashville, movie studios in Hollywood. If you start a startup in SF, you get a built-in talent pool that you wouldn't necessarily get in Miami. Yes you pay higher salaries due to the cost of living, but you get a bigger selection of candidates (to whom you'd have to pay relocation fees to move them elsewhere). Plus, SF is just a cool place...walkable, great nightlife, culture. You don't get these things in a place like Phoenix. |
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