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Prediction: soon the standard VC line won't be "talk to me when you're here," it'll be "explain to me why you're not a dumbass for trying to launch this in San Francisco."
For a while, the city's high cost of living and various hostilities were just tricky soil. If you could grow here, you'd made it through a filter. But that only worked as long as the talent found the conditions livable, and the city wasn't doing broad preemptive strikes on tech.
Stories like this one are illustrative — start-up commits to dutifully jumping through every conceivable hoop San Francisco has or may have in the future; winds up losing access to the entire market because of a formatting error on its paperwork https://www.sfchronicle.com/Bayard's/heatherknight/article/SF-wants-startups-to-behave-so-why-did-it-reject-14903323.php?t=5f89d50b1e …pic.twitter.com/vftpZQLye0
counterpoint: the same ratio holds true for poop
Found your next pet... might eat your dog thohttps://twitter.com/wonderofscience/status/1207776811553214464?s=19 …
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