We should also stop pretending that investors & not founders drive the startup migration to talent hubs. Founders need talent.
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I am fairly confident suggesting the tech industry is being dumb is not the solution for struggling communities.
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We really need to stop pretending that if VCs just invested in talent deserts we'd see innovation disperse.
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If you dropped a Goog into struggling communities, you'd import a bunch of talent, 'gentrify' it, & alienate locals.
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@pt
Talent hubs are a self-fulfilling marketplace. However, I know many founders, who were forced to Chicago/NYC/SF, b/c investor location
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@pt
Founders need money more than VCs need founders. VCs are lazy (that's just how it is). So it's up to founders to move. QED.
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@pt
big diff bt Fresno and SF. When I say I am a programmer, Fresnans ask "can you fix my computer?". SF asks "what language?"
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@pt
Many Bay Area founders are fine with remote talent, but many Bay Area funds are not fine with remote founders.
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@pt
curious about your take on Shopify as it relates to this thread? Had no idea they employ 2000 people
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@pt
Those are not talent hubs. Those are resources and, hence, opportunity hubs. Talents move where they have more opportunities and more $.
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