It helped, but not any more Kumar
Founders can pick any location & win big
San Francisco has collapsed into chaos under @LondonBreed & @chesaboudin
Investors in Bay Area still have slight edge—but during pandemic that edge is negated
Future is wide open
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3/ …connecting in the hall of a conference or over lunch at work, & then building trust over time… …the ability to grab a quick coffee or beer & commiserate while building a startup or whiteboarding a super-hard R&D problem… …that’s all lost or high-friction “full remote…
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4/ …& last but not least, our primate brains are wired to develop trust & empathy over time *in person*. A lot of subtle cues are just “band pass filtered” even in HD video. And that trust & empathy is essential IMO for the *team resiliency* necessary to endure startup grinds
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