Post: #51

(10-22-2015 03:00 PM)Travesty Wrote:  

(10-22-2015 11:59 AM)Bad Hussar Wrote:  Why is everyone going to San Francisco?

Venture capitalists, angel investors, ability to raise money, can quickly recruit top talent if you grow and offer enough, or get bought out from other tech companies.

Because they're dumb lemmings.

CA is the worst state in the nation for startups.

90%+ of all silicon valley businesses fail. Of course you only hear about the mega-successes though. SF may be a great place for an established tech company who has the track record but for all the entrepreneurs who go to Silicon Valley and get raped by the high cost of living, exorbitant cost of office space, and even higher California taxes, well they're just dumb. The failure rate would be much lower if the same entrepreneurs used prudent decision making rather than jumping into the rat race without the wherewithall.