It Pays To Be Different - Why building your company outside Silicon Valley may save it

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While places like San Francisco and London get the most attention in the tech space, startup ecosystems are emerging all over the world. San Francisco and London didn’t become tech hubs overnight – and we’re seeing hubs quickly emerging in places like Buenos Aires, Prague, Cairo, and throughout the midwestern United States. But the question is: Why would you want to build your company in a “new” startup ecosystem?

Does Location Matter for Your Startup?

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Speaking at a gathering of young entrepreneurs a few years ago, Mark Zuckerberg surprised some in the audience by saying that if he could do it all over again, he would have stayed in Boston and founded Facebook there, not in Silicon Valley. “There’s a culture out here where people don’t commit to doing things, I feel like a lot of companies built outside of Silicon Valley seem to be focused on a longer-term,” he said. “You don’t have to move out here to do this.”