Balaji: Founding a startup in San Francisco is like choosing Java
Balaji Srinivasan · Balaji on How to Fix the Media, Cloud Communities & Crypto | MFM #178 · May 5, 2021 · at 55:05
Balaji Srinivasan criticizes founders who still locate startups in San Francisco, arguing the city offers declining value at exorbitant costs compared to newer alternatives.
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“Somebody who's choosing San Francisco for a startup, I crinkle my eyebrows as, you know, I mentioned it before, before the pandemic, I said it was like choosing Java, you know, proven, but kind of sucks. And it's like, okay, you don't know new languages and, you know, I'm not sure about your productivity in this or whatever. But now it's like choosing Oracle for a new company, you know, which is like, right. Basically you're just getting locked into this horrible cost structure of declining product when far better options are available. I question their judgment, you know?”
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