Hacker News new | past | comments | ask | show | jobs | submit login

I have wondered this for a few years now. It seems to me the best way to start a company is to actually build your idea somewhere cheap and fly to where the investors are. I don't see how someone moving to San Fran to start a company is a good idea when a large amount of your angel investment is spent on rent.

I think a better idea would be to move to a college town. I think the guys at id did this when they first started though they moved to somewhere in the midwest, but cheap nonetheless.

My take would be to move to college town with a large student population and good science programs. Somewhere like pittsburgh or even state college, PA




I can tell you're a fellow Pennsylvanian. haha Philly has a huge talent pool as well. Access to students from UPenn, Temple, Drexel, etc.


I'm actually not from PA, but have been to much of PA. I purposely left out Philly because I think its too expensive and not a smart financial move for a startup. In my mind, you are better off moving to DC if you are going to pay Philly rent.


It's all relative. Philly can be affordable, cheap even, if you aren't picky about location. I live near Scranton now, so maybe that has changed in the ~4 years since I've lived in Philly.


But I am picky about location which is why I wrote my post.

"move to college town with a large student population and good science programs"

Scranton doesnt fit the bill.


How is the tech scene in Philly these days? Another former PA resident checking in!


I'm in a state whose economy is mostly manufacturing-based and I've wondered why there aren't more startups here because it would be so much cheaper even if you were in the state capital.

I have decided it is kind of like the saying "Why did I rob banks? Because that's where the money is." SF is where the money is. Where the networking possibilities are. Where it is easier to get coverage in the tech press because that's where so many of the tech reporters are.

All of those can be overcome if you aren't in SF but that means you are spending time overcoming those things - time that could be spent on making your product. You may spend tons on rent and have to pay your employees a lot more but it is easier to get more funding than it is to get more time.


> SF is where the money is.

Agreed, but once you have the money, execute in a place I describe above.

Most tech startups don't make it so why not use the extra capital (because rent is much lower) as insurance to succeed.

I have worked in numerous places throughout the US. My most successful venture has been to licence my tech to a commercial company. I live in a small town and travel around the world each year for fun. Its a nice pace of life. I visit some friends in San Fran and find the talent there honestly not that great. Sure, there are lots of good programmers but you need a lot more than good programmers to succeed.


Most VCs wouldn't let you do that. They want you nearby.


"I'm in a state whose economy is mostly manufacturing-based and I've wondered why there aren't more startups here because it would be so much cheaper even if you were in the state capital."

What has the state done to attract startups? Do they still enforce non-competes? Do they have well funded schools focused on tech? And, quite frankly, does your state have something that makes people actually want to live there?


I thought the problem was that the investors assume they will have to fly to where you are?


If you do the math, you will find out that its better for you to take a few trips to San Fran every few months than to actually set up shop there. You can easily save tens of thousands of dollars over the course of a year by using this method.

Most VC's I have talked to really like traveling anyways. They can write the trip off as a business expense.


If that's true, then why don't they suggest moving somewhere else?


But when you move to scale, you lose key employees.




Registration is open for Startup School 2019. Classes start July 22nd.

Guidelines | FAQ | Support | API | Security | Lists | Bookmarklet | Legal | Apply to YC | Contact

Search: