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by aditya 6156 days ago
This sounds like a bad idea for exactly the same reasons as starting up in a startup hub sounds like a good idea.

1) Easy to find and hire good people from your own network

2) Easy to raise money from connections in your own network

3) Easy to find accountants, lawyers, office space from your own network

Starting a successful business is a fairly complicated and risky thing to do, why would you want to go live somewhere that makes it even harder? (Note: This does not apply if you're the only one building a product and just need a change to focus and get it out.)

Perhaps, starting and selling a business in the valley and then going on your world tour/vision quest is a better idea, no? :-)

4 comments

Frankly, I don't give a shit about playing that game- success for me isn't being Mark Zuckerberg, because I don't want to live in Silicon Valley.

1) There are tons of people who would kill to work for a company that lets them live in interesting places around the world. We actually have some pretty seriously cool stuff going on in this area, but we're not quite ready to talk about it yet- I'll get a post out in a few weeks talking about exactly this.

2) Fuck that, we're already profitable.

3) Already have a great accountant, already working with a phenomenal law firm. Office space? Seriously? I'm not going to stick around the Valley because it's easier to find an office on Twitter.

I'm not sure if your last sentence is sarcastic or not- life is too short to spend seven years (average time to exit) somewhere you don't like.

I want to high five you after reading that ...
These three points all revolve around this: your own network.

Which completely ignores the fact that working in this fashion means you are building an international network which opens up an entire world of opportunity.

You can keep your Valley network, thank you very much!

You're right that it's tougher out here to generate the sort of hype that you get for free if you're in the Valley. For Twiddla, we actually left one of the founders behind just so he could do the Schmooze part.

But really, everything you mention is only relevant to a certain kind of of company. If you're not a Social-Media-Music-Sharing site that runs on the back of Twitter and needs to Get Big Fast, and you instead sell things to people who pay you money, then your list of things becomes much less important.

It's pretty good out here. You should come give it a try!

In my experience, building or joining a network for a tech startup when you come from abroad to another country is really easy.

It did not take me more than 2 weeks to get connected with the top lawyers, entrepreneurs, investors, accountants, talent, press and get complimentary access to office space.

At least that was my experience in Chile and Argentina, which have thriving and large tech startup communities.