God, what a nauseating read. I understand promoting companies in different parts of the country outside of the valley - as remote work has become a more realistic and desired thing among engineers, I think investors risk neglecting talent outside of their tiny little bubble.
But pining for, or attempting to establish, a new SV is ridiculous, and doesn't consider the history of things at all. Artificially creating a centralized hub of industry (which already has several centralized hubs) will do nothing but drive up living costs and make it harder for anyone not in STEM to live there. More realistically, this idea will fail altogether and these "investors" will have to settle for small, corn-fed cities with a few tech companies that they can own minority shares in.
These people already got their gold rush, why isn't that enough for them?
I was disappointed to see this on their site. I had a pretty good idea of doing a sort-of online art installation by grabbing crime data near me from local web sources and having images automatically generate of those crimes, but unfortunately many of those crimes seem to be too violent for their filter.
But pining for, or attempting to establish, a new SV is ridiculous, and doesn't consider the history of things at all. Artificially creating a centralized hub of industry (which already has several centralized hubs) will do nothing but drive up living costs and make it harder for anyone not in STEM to live there. More realistically, this idea will fail altogether and these "investors" will have to settle for small, corn-fed cities with a few tech companies that they can own minority shares in.
These people already got their gold rush, why isn't that enough for them?