I also don't buy your SF commute argument. There are tons of startups in downtown SF. You don't have to live in the bay area and work in the valley. If I were to move out there I'd live and work in SF, I wouldn't even consider SV.
I also don't buy your SF commute argument. There are tons of startups in downtown SF. You don't have to live in the bay area and work in the valley. If I were to move out there I'd live and work in SF, I wouldn't even consider SV.
1. I'm from the NYC area, and have a lot of friends who will be living there. I also have a lot of friends in Silicon Valley. I don't know too many people who are sticking around in Austin. While it wouldn't be the end of the world to live in a place where I didn't know a ton of people, I'd prefer to live in a place where I have a preexisting friend group. Plus, I went to college for four years here; Austin is great, but after 4 years, I need a change of pace.
2. NYC is arguably the 2nd best city for tech(behind Silicon Valley). With Bloomberg's initiative to start a tech-centric campus on Roosevelt island, and the recent influx of big tech companies (Facebook, Google, Twitter, Palantir, etc.), it's becoming a very hot city for tech in a very short period of time.
Austin, Boston, Boulder, Seattle, or Portland are all towns where one can settle down and raise a family without having to settle for a corporate 9-5 gig since there's vibrant startup/tech communities in these cities too. The option is always there and is especially attractive once you've got the Bay Area or NYC experience under your belt.
Previously, I thought Gowalla was the only somewhat known startup in Austin, but they sold to Facebook. Are there any other somewhat known startups in Austin?
I moved here from the Bay Area (with a 2-year stay in San Diego in the middle) and I'm really happy with the quality of life and the tech community here in Austin. I can buy a house and live comfortably here, and the taxes are far cheaper--important when you really start earning money!
The one you started. Nothing else matters.
Austin feels like a "mini-Bay Area" to me. I didn't want to start my next company in the bubble, especially since we're working with a lot of "oldschool" businesses. Austin is booming, but things are still relatively inexpensive here, and there are plenty of customers. Plus, we found an amazing Python developer here--I'm not sure that would have been as possible in the Bay Area.
I'm still willing to travel to the Bay Area; I just don't want to live there again.
On the other hand, my attempt at a point was that once you've started your business, you have to focus on it. Suddenly all that other innovation around you stops being opportunities and starts being distractions. If anyone says to you, "What you're doing is stupid, you should be doing what those guys over there are doing," you probably shouldn't listen to them. The last thing you need to be doing is chasing instead of being chased.
"The bubble" is a really good way to describe it.