At last, a convincing theory about why the tech boom's days are numbered http://www.vox.com/2015/7/31/9078717/startup-boom-end?utm_campaign=vox&utm_content=chorus&utm_medium=social&utm_source=twitter …pic.twitter.com/PA4vN2gc8a
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@voxdotcom @mattyglesias as a co-founder of a startup (@tildeio) that moved to Portland, I find the economic argument here a bit cartoonish.
@voxdotcom @mattyglesias @tildeio Portland, for example, is growing as a tech hub, and small startups need relatively little labor.
@voxdotcom @mattyglesias So there is a process by which alternate tech hubs can grow that bootstraps skilled labor, but it takes time.
@voxdotcom @mattyglesias But "it takes time" does not equate to "the tech boom's days are numbered"
@voxdotcom @mattyglesias An economic flaw in the basic argument is that I believe it undercounts the mobility of American tech workers
@voxdotcom @mattyglesias Since high-paid, high-skilled tech workers can always move back to SF, it's not so risky to take a Portland job.
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