West coast v. east coast isn’t just a rivalry for '90s-era rappers. This regional battle has flared in a new era recently as New York’s newly assertive start-up scene has been jostling for some respect versus the established West Coast hub surrounding the Bay Area.
Silicon Valley and San Francisco certainly have the longer and more distinguished pedigree as cradles of disruptive tech innovation, but New York (and its fans) certainly aren’t known for their shy modesty and unwillingness to assert themselves. So as more and more successful start-ups spring up in New York, more attention is being paid to the relative merits of founding a business on the East Coast.
If you’re coast agnostic and pondering which is a better place to launch your start-up dreams, how do you decide? Andy Manoske, a VC at GGV Capital, recently tackled the question on Quora, suggesting in his answer that the decision may come down not only to your feelings about bike v. subway and subzero temperatures v. perpetual potential to need a sweater, but also to what type of business you’re thinking of starting. He lays out three cases where New York may be the better option:
Monske also points out that recruiting engineering talent in New York may be a cheaper proposition due to relatively less competition. "The smaller size of NYC's ecosystem means a lower demand for young engineers," he writes. This "leads to a less-competitive recruiting environment and a lower cost per engineer."
And what if you’re a fan of neither San Fran or NYC? Despair not. There are tons of other options, as Business Insider recently pointed out in its roundup of the 20 hottest tech hubs in America. From Portland to Salt Lake City, New Orleans to Kansas City, there’s a city here to suit just about every personal preference and business type.
West Coasters, fight back. When or why is the Bay Area the best bet for a startup?