I’ve been following the news and even the tweets of all the YC partners and founders who live in San Francisco. They are really into the politics of their city and fighting to see it become better. However, isn’t it a bit disturbing that YC keeps pushing for founders to set up their companies in SF? Last week they made a video all about this and said startups are way more likely to succeed in SF because of the networking opportunities with other founders and investors.
The problem is, for foreigners especially, the U.S gun laws are scary but people are still willing to move just to see that their startup succeeds. However, SF in particular keeps getting worse & worse. The crime rates are so high, accommodation is so expensive, the city is dilapidating and many startups would rather be remote. So many of the top companies are also moving out of SF and going to other states.
I think safety is so important, especially for foreigners trying to setup a business in the U.S, as well as culturally adjust to the country. Seems like many startups would rather setup in some other states but due to YC constantly mentioning that the odds of failure outside SF are higher, founders become scared and decide to live in the crime infested city.
The problem is, for foreigners especially, the U.S gun laws are scary but people are still willing to move just to see that their startup succeeds. However, SF in particular keeps getting worse & worse. The crime rates are so high, accommodation is so expensive, the city is dilapidating and many startups would rather be remote. So many of the top companies are also moving out of SF and going to other states.
I think safety is so important, especially for foreigners trying to setup a business in the U.S, as well as culturally adjust to the country. Seems like many startups would rather setup in some other states but due to YC constantly mentioning that the odds of failure outside SF are higher, founders become scared and decide to live in the crime infested city.