It has actually been an extremely difficult period for everyone the past few months as the global COVID-19 pandemic has actually eliminated whole industries from the financial map.
While tech has been among the most resilient markets in the face of this calamity, the severe mobility of the industrys workforce asks big questions about what the future of startups and work will look like moving forward.
Weve disputed what COVID-19 will do to the increase of the college town as start-up centers and how the pandemic will change the way we operate in coffee bar and areas. Now, we wish to deal with among the larger concerns that has been bugging us: Will tech continue to centralize in hubs like San Francisco and New York City, or will remote work and all the other second-order results lead to a more decentralized start-up ecosystem?
We have 3 viewpoints from our writers, with extremely various forecasts about what the future has in shop.
We have Danny Crichton, who believes that tech, and particularly the VC industry, will remain as concentrated as ever, although where it is concentrated will perhaps shift a bit. Alex Wilhelm asserts that startup development outside significant hubs will in fact accelerate, spreading tech wealth even farther outside the metropolises. Lastly, Natasha Mascarenhas argues that the combination of the economic dislocation of COVID-19 and the increasing attention to equity in tech will cause more extreme investment outside core startup centers.
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We have Danny Crichton, who believes that tech, and particularly the VC industry, will remain as focused as ever, although where it is focused will perhaps shift a bit. Alex Wilhelm asserts that startup development outside major hubs will in fact accelerate, spreading out tech wealth even farther outside the metropolitan areas. Natasha Mascarenhas argues that the mix of the economic dislocation of COVID-19 and the increasing attention to equity in tech will lead to more intense investment outside core startup hubs.
There was Sand Hill Road. Then there was South Park. And now theres Solbar at Solage in Calistoga.
Despite the large schedule of remote work tools over the previous 2 decades, VCs have actually always amazingly gathered together in extremely tight quarters. VCs didnt head to South Park to enjoy what Google Maps calls a “tree-lined oval garden” nestled between light commercial structures.