Seattle startup ecosystem
For such a large & prosperous city that has a ton of tech talent, the tech startup scene in Seattle sure sucks. Why is it so?
Startup story in Seattle has just started.
Lack of the culture?
Second hand info from a few friends who have had success in the Bay and tried in Seattle: Fewer investors interested in tech outside of cloud, fewer investors in general, more risk averse with lower raises, network of talent is larger and more concentrated in the Bay.
money is in the valley. new grads (cheap naive labor) is centered around stanford.
Seattlelites are risk-adversive
Saudi guys prefer the warmth of California.
You just have to bring politics into each and every blind post is that right? I bet you gonna lick Saudi princes’ balls if they drop Ben Franklin all over you.
Mr.Snowflake, where did politics come into picture here? It's a well known fact that middle Eastern money was/is a major reason for the startups getting funding. It is also a well known fact that wealthy from middle East have more residences and presence in California compared to Washington.
Seattle is cosy enough for settling down! However, there are quite a few startups there
Anything interesting?
Seattle’s money is made from employees’ stocks. Bay Area money is made from entrepreneurship. Oversimplification, yes, but that’s smoothly it.
MSFT and AMZN guys do not give back to the community.
What should they give back? This is not meant as inflammatory but an honest question.
Like instead of buying houses to become landlords, they should start something? Or give seed money to upcoming startups?