Rent maybe? There are lots of good reasons to run a startup in SV, NYC, etc. Direct access to capital, certain types of talent, and so on. There are also reasons to not run a startup in places like that. Cost of living as it relates to runway length being the biggest one. Some startups simply need a place to sit and a reliable internet connection.
If you've come to the realization that you don't need any of the things big cities have to offer as it relates to your business, moving back to Minnesota or wherever is exactly the right call.
"Rent maybe? There are lots of good reasons to run a startup in SV, NYC, etc. "
Early on, I thought about doing one fairly close to MIT to get talent from over there. Many businesses come outbof that school. So, I figured a bunch of other people are doing it already.
Rent maybe? There are lots of good reasons to run a startup in SV, NYC, etc. Direct access to capital, certain types of talent, and so on. There are also reasons to not run a startup in places like that. Cost of living as it relates to runway length being the biggest one. Some startups simply need a place to sit and a reliable internet connection.
If you've come to the realization that you don't need any of the things big cities have to offer as it relates to your business, moving back to Minnesota or wherever is exactly the right call.