*institutional knowledge about investment, growth, scaling, etc.
This might always be the case for East Coast startups. You start a business, you need investors that understand your business.
I hypothesize that if you start a tech business in Boston -- and succeed -- you're more likely to move someplace warmer, or cheaper, or back to your home state (or mother country), or to a place that has lots of startups in your field to invest your money because you understand their business.
The East Coast has a lot of great talent. The scale of their new talent cultivation is likely unrivaled even by the Bay Area. It's just that Boston isn't home for many of its most successful.
This might always be the case for East Coast startups. You start a business, you need investors that understand your business.
I hypothesize that if you start a tech business in Boston -- and succeed -- you're more likely to move someplace warmer, or cheaper, or back to your home state (or mother country), or to a place that has lots of startups in your field to invest your money because you understand their business. The East Coast has a lot of great talent. The scale of their new talent cultivation is likely unrivaled even by the Bay Area. It's just that Boston isn't home for many of its most successful.