The Drawback Of Running A Startup Outside Of Big Cities

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The Drawback Of Running A Startup Outside Of Big Cities
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Industry clusters are very important mainly because of serendipity, which isn’t as likely online, but it’s still possible – it’s the opportunity for human connection that counts, rather than the actual place.

Industry clusters are very important mainly because of serendipity. You will meet a person at a party/convention/the office building, who would know a person who’s interested in your field, etc. This will often be the main way you’ll find co-founders, investors, early employees, even early customers.

It’s not a coincidence that most big successful startups come from Silicon Valley, or more recently – from other growing startup clusters like New York, etc. Venture capital funds would sometimes even pass on investments that are geographically far from their office for that reason. So, while you can found a startup outside of these clusters, making it successful would simply be much more difficult, and making a startup successful is insanely difficult anyway.

While participating in such digital clusters is recommended even if you are working on your startup from a city, it’s absolutely mandatory if you’re working a long distance away from the geographical startup clusters.

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