I think if Boston's VCs would have had their stuff together, its very possible that YC might not have abandoned Boston in the first place.
Also, many of the VCs are heavily invested in Biotech and other heavy-capital industries. Dollar for dollar they invest a great deal, but it doesn't generally go to consumer tech startups.
Now if you want to see an area with actual little high dollar investment happening, come visit me in Ohio sometime...
I think if Boston's VCs would have had their stuff together, its very possible that YC might not have abandoned Boston in the first place.
Doubtful--in the announcement, PG said:
But while Silicon Valley is a better place for startups than Boston, that isn’t why we chose it. If Cambridge seemed a better place to raise kids, we would have stayed there year round instead.
That's interesting. I haven't spent as much time in California, but I always figured Cambridge (especially if you have money) is a wonderful place to raise kids. A nice house near the Harvard Quad/Garden St and a good private school smooth out pretty much any bumps that I could foresee.
Also, many of the VCs are heavily invested in Biotech and other heavy-capital industries. Dollar for dollar they invest a great deal, but it doesn't generally go to consumer tech startups.
Now if you want to see an area with actual little high dollar investment happening, come visit me in Ohio sometime...