As a result of that, when IBM moved production elsewhere, much of the talent stayed in the area - now there are a lot of high quality smaller companies with injection molding and other plastics experience etc. in the area.
Another area in business where the high rents and "you need a VC" mentality would have worked against real world success.
CO attracts high quality people - although the housing prices skyrocketing is going to affect whether the younger people who are less financially established, will come in the same numbers as before.