> ...one thing there is a lack of outside the Bay Area are the people who really know how to scale a fast-growing tech company
This reinforces the notion that new tech startups don't really need to save money. They need to dominate their niche. They need to scale up fast and become the biggest player first.
there are lots of ways to start a successful business that don't involve millions of dollars of seed money. you don't have to grow into a multinational conglomerate to be a sustainable enterprise, you know. if you have to huge for your business to make sense at all, maybe you just have a stupid idea. statistically, it is more likely that you are wrong than that you are a zuck-level-genius.
This reinforces the notion that new tech startups don't really need to save money. They need to dominate their niche. They need to scale up fast and become the biggest player first.