I agree with the author’s point about Silicon Valley cost structure opens up an opportunity for other cities. In order to win at this game, you need a highly educated workforce, available pool of angel investors and management that can assist in the launch.
I am impressed with Denver and their focus on developing a sustainable innovation economy around energy, aerospace and bioscience.
About 20 of his employees quit because they didn’t want to relocate.
“It was very controversial,” said Thieblot, who had lived and run the company out of San Francisco for at least five years. “A lot of people did not like me for that decision.”
But today, the profitable, 110-person person company operates out of an Alabama city with a population of just under 200,000 people and the highest number of Ph.Ds per square mile given Huntsville’s history with NASA as the nation’s “Rocket City.” Curse just closed $16 million in funding earlier this week too from the China-centric venture firm GGV Capital.
“If you want to build a long-term company, you might have a better chance of keeping people outside…
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