[leelin]

> but if you want to build a big tech company, you should move out west. In fact, it's one of YC's indicators of success after going through the program.

Fascinating! Is this something the YC partners have mentioned recently? In my batch of 26 companies (that was 5 years ago), I can definitely see a huge correlation between leaving the bay area and failing. I just always assumed it was just randomness or that some left because no investors were forcing them to stay (in our case it was both lack of investors and NYC housing our entire customer base).

[zmitri]

Yes, a partner said that. They also specifically noted that NYC might be an exception to the rule, but they still believe SV is an order of magnitude better for "all things" startups.

Also, pg has mentioned something similar in an essay before - not specifically re: NYC but with regards to bad location in general.