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Ask HN: Do the benefits of the Valley outweigh the costs?

This might seem like a no-brainer for those of you who live in Silicon Valley, but coming from way, way outside the Valley (as in Melbourne, Australia) I would love to hear your views on whether the benefits of building a startup in the Valley outweigh the high costs of living there. I have some idea of the advantages. Here are three that come to mind: access to venture capital, networking and jobs (i.e. if my company failed in the Valley I could probably get an equivalent executive role with a technology company, whereas such opportunities are thin on the ground in Australia, let alone Melbourne.) Or am I wearing a pair of rose colored glasses?

Why it failed

This might seem like a no-brainer for those of you who live in Silicon Valley, but coming from way, way outside the Valley (as in Melbourne, Australia) I would love to hear your views on whether the benefits of building a startup in the Valley outweigh the high costs of living th

Kind
startup
Status
Shut down
Inventor
annajohnson
Ended
2010
Source
hackernews