Recently, LinkedIn’s co-founder Reid Hoffman said that Silicon Valley is – and will remain – the epicenter of entrepreneurs and emerging companies. But younger entrepreneurs strongly disagree; many believe that starting a company outside Silicon Valley is key to their companies’ survival.
While there are plenty of reasons for Silicon Valley’s dominance (an abundance of young talent, a culture of accepting transplants and easy access to capital), there’s no absolute truth to the idea that Silicon Valley is the best place on the planet to build and scale a business right now.
With access capital quickly expanding and new resources like crowdfunding, other areas of the country – and the globe – are quickly becoming startup hotspots.
Learn more about startups outside Silicon Valley, and more in this edition of Founders Flash.
- Starting up outside of Silicon Valley may be tough, but it lays the groundwork for generations of entrepreneurs (Entrepreneurs)
- Congratulations, you've got a successful startup. Now stay in your lane (Inc.)
- This is the best 3-minute startup pitch you’ll ever see (Venture Beat)
- My 400-person company has a great work culture, and we all work remotely (Fast Company)
- Former Techstars leaders launch VC firm to back immigrant founders (BostInno)