Sad day for Boston as Y Combinator pulls up stakes and moves to Silicon Valley
January 22, 2009
While not a surprise, it is a blow to the local web scene here in Boston to lose Y Combinator. Paul Graham has long been a critic of the Boston Venture community and their reluctance to invest in his crops of nascent startups. He has now given in to the fact that the Valley is a better place for (web) startups.
Y Combinator did not have a great effect on the Boston economy, as most of the companies moved to the Valley anyway. But it was a beacon of innovation and wisdom about the Web amidst the established enterprise, data center and wireless worlds that thrive here in Boston.
It was annoying when TechCrunch “discovered” YCombinator and Hacker News and claimed them as one of their own even though it originated in Boston. It is now even more annoying to think that it is now true.
Entry Filed under: Boston Startup, Editorial, Seed Round, Start-ups. .
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1.
Dan Morin | January 22, 2009 at 10:34 pm
“He has now given in to the fact that the Valley is a better place for (web) startups.”
Not what he said, though still true. Your post should say:
“He has now given in to the fact that the Valley is a better place for raising his kid.”
2.
TS | January 22, 2009 at 11:29 pm
Thanks Dan,
“But while Silicon Valley is a better place for startups than Boston”
is taken verbatim from his post.
I started to put the personal inflection point angle in about marriage and kids but changed my mind. Anyway, since I include the link to his post, it should be clear enough.
Though I am curious what the delta is for raising kids in Boston or Palo Alto compared to the delta for raising web startups in both cities.
3. The Snowtide Blog » Blog Archive » Paul Graham’s Y Combinator leaves Boston, entrepreneurs dive under the bed | January 26, 2009 at 5:56 pm
[...] Buzz in the HUB: Paul Graham has long been a critic of the Boston Venture community and their reluctance to invest in his crops of nascent startups. He has now given in to the fact that the Valley is a better place for (web) startups. [...]