Every time someone says "don't worry, the big companies won't leave" due to e.g. SF's increasingly insane regulatory structure, start-ups should be hearing the silent "...but they'd be crazy to *start* here" at the end
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I don't think that, but quite a bit of the valley tech startup infra does. Plenty of biotech (maybe most, though it isn't something I've looked at recently) happens elsewhere.
This is true. A lot of tech happens elsewhere. But insofar as its productivity/growth is bottlenecked by talent — which I would argue is often the case — it's happening slower than it would if talent were even more aggregated
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That feels like starting from the conclusion (SF is the best place for all tech startups) and working backward. Many kinds of tech talent, biotech in particular, isn't concentrated primarily in the valley. Silicon Valley was a happy accident...and, maybe replicable?
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This is absolutely not what I'm saying. I'm saying that employable talent aggregation matters. I have no particular attachment to SF, it just happens to be the place where much of the talent is *currently* aggregated
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