About twice a month I get the opportunity to sit in on Seed and Series A stage startup pitches in Washington DC. However, the unfortunate truth is that those talented founders I see aren’t generally in the right city to build their businesses. In the first article in this series, I showed some striking numbers to stress what many inferred: there are real costs to locating operations outside of a startup super-hub (San Francisco Bay, New York, or Boston). The short version: it’s just plain harder to get funding, sell your business, or simply survive outside of the super-hubs. In the second article of the series, James Allworth and I proposed some solutions for policy makers.
Three Questions to Consider Before Deciding Where to Locate Your Start-Up
If you’re not in San Francisco, Boston, or New York, do more than think twice.
November 13, 2013
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Make your next business case more compelling.