Brett Goldstein (🚀 Hiring Engineers)’s Post

5 Hot Spots Where SF's Founders, VCs, and Tech Workers Hang Out #vc #venturecapital #venturefunding #funding #founders #entrepreneurship

𝗧𝗵𝗲 𝗚𝗿𝗲𝗮𝘁 𝗥𝗲𝗯𝗮𝗹𝗮𝗻𝗰𝗶𝗻𝗴 It doesn’t matter where entrepreneurs come from. But if you’re keeping count, more and more of them are calling New York home. Last month SignalFire published a chart that perfectly illustrated a trend we’ve been witnessing first-hand since opening the Index Ventures office in NYC 20 months ago: A slow and steady rebalancing of tech talent between SF and NYC. In an almost symmetrical way, SF lost 3.7% of relocating tech workers in 2023 while NYC gained 3.6%. These percentages are from a sample size of about 57,000 relocators from 10 public and private tech companies - so while the absolute number of tech workers that relocated is unknown, there is a trend. This isn’t a matter of NYC “winning”. SF and the west coast remains the undisputed capital of tech. Whether it’s funding amounts, where 45 percent of  capital raised by startups in the past 12 months went to California companies and 10% to New York companies, or in number of AI/ML engineers — more than half of which are between SF and Seattle — it is clear the west coast is at the forefront of the latest AI innovation wave in particular. However, it is also true that Covid broke the geographical network effect that Silicon Valley long held on the US, and even on the world at large. As my partner Paris Heymann put it (arguably somewhat biased as a true born and raised New Yorker, but still…):  “The pendulum has swung, and New York has been a big beneficiary of some of the people movements in the past year. It used to be that if you graduated from schools like Stanford or Harvard and wanted to work in tech, you would definitely go to the Bay Area. Now, people are thinking of New York as an equally great option. And entrepreneurs from abroad are choosing NYC, too.” We at Index don’t care where entrepreneurs come from - we originally got started in Geneva and our original motto is that opportunities come from anywhere. In fact, our first blockbuster investments came from outside the main hubs of the time: Skype in Estonia, MySQL in Finland, King in Sweden, etc. We seamlessly cover the 10-hour time zone from Tel Aviv to San Francisco as one unified team with offices across multiple geographies. This matches the way startups increasingly operate as well. Most of our recent deals involved companies where founding teams were not colocated or without a singular HQ. Empathy between Israel and the US, Adaptive between France and the US, DataSnipper between the Netherlands and the US, etc. And in this new world, where China is increasingly off-limit, NYC sits as a central hub - in space, and in time - and as a result, we anticipate that most startups will have a point of contact with the city. It is simply the best place to manage a distributed team and distributed customer base spread across that 10-hour time zone, and this is why we’re so committed and so bullish about the prospects of the city. 🗽

At Techspace Offices, we learned a hard lesson about the pitfalls of perfectionism in the tech startup world. When we first launched, we were obsessed with creating the perfect co-working environment for entrepreneurs. We thought we needed state-of-the-art everything before opening our doors. This mindset nearly derailed our entire venture. What we didn't realize was that our members valued progress over perfection. They were more interested in our journey and the community we were building than having every detail polished. Here's what we discovered about perfectionism in the startup ecosystem: - The most successful companies didn't wait for perfection. They launched, iterated, and improved. Think of early versions of Facebook or Twitter - far from perfect, but they started somewhere. - Creativity often comes from embracing imperfections and finding novel solutions. Our best ideas emerged when we let go of rigid expectations. - We found that being open about our challenges actually attracted more partners and members who wanted to be part of the solution. - Waiting for the perfect stack or business model kept us from launching. Action trumps perfection every time in this fast-paced industry. - Entrepreneurs connect with authentic stories of struggle and growth. Sharing our imperfect journey built stronger relationships with our community. At Techspace Offices, we've embraced a 'launch and learn' philosophy. We encourage our members to do the same - start with a minimum viable product, gather feedback, and iterate. This approach has not only helped our business thrive but has also fostered a more dynamic and supportive ecosystem within our spaces. Remember, done is better than perfect. Your imperfect action today could be the foundation of tomorrow's groundbreaking innovation.

Building a remote team for your #startup has become a strategic move for many #entrepreneurs, particularly with the global shift towards more flexible work environments. If you are wondering how to build a remote team for your startup, you are not alone. Remote work offers not only a larger talent pool but also cost savings and increased productivity. However, to build a successful remote team, you need to approach the process deliberately and strategically. This in depth article will cover a wide range topics pertinent to building you team. https://lnkd.in/eVka-BeH

There are nearly 23,000 tech companies and startups in the employbl database. We focus on U.S. based companies. Most are headquartered in San Francisco, but not all! There's a long tail of nearly two thousand cities that only have a handful of tech companies in them. The biggest cities by population, New York, Los Angeles and Chicago are also represented in the form of the most tech companies. Boston seems to have way more tech companies and startups than the population size of their city would otherwise suggest. Check it out... The largest cities in the USA by population are: 1. New York 2. Los Angeles 3. Chicago 4. Houston 5. Phoenix 6. Philadelphia 7. San Antonio 8. San Diego 9. Dallas 10. Jacksonville 11. Austin 12. Fort Worth 13. San Jose 14. Columbus 15. Charlotte 16. Indianapolis 17. San Francisco 18. Seattle 19. Denver 20. Oklahoma City The cities with the most tech companies and startups headquartered in them are: 1. San Francisco 2. New York 3. Los Angeles 4. Boston 5. Chicago 6. Seattle 7. Austin 8. Palo Alto 9. San Diego 10. Miami 11. San Jose 12. Oakland 13. Cambridge 14. Santa Monica 15. Mountain View 16. Atlanta 17. Denver 18. San Mateo 19. Menlo Park 20. Santa Clara Just because a city has more companies doesn't mean more jobs. Big companies employ more people after all. These counts show the state of startup ecosystems across the USA. If you're interested in exploring all the data feel free to sign up for a free trial of employbl! #startups #usa #tech --- 👋 Hi I'm Connor, I work on employbl nights and weekends while working a full time job and raising two kids in San Francisco. Follow for updates! 🔔

In the dynamic world of very early stage startups, sweat equity is often seen as the golden ticket for acquiring a skilled technical co-founder without breaking the bank. However, there are common pitfalls that many U.S.-based entrepreneurs stumble into when crafting these partnerships. Are you considering offering sweat equity to your next technical co-founder? Our latest blog post delves into critical mistakes to avoid, such as underestimating the importance of opportunity cost and neglecting to align long-term visions. Avoid these common traps and set your team up for success. Read the full article to discover key insights and steer clear of costly errors: https://lnkd.in/gN6H4F2R #SweatEquity #TechStartups #Entrepreneurship #Cofounder #StartupMistakes #BusinessGrowth

Known as Tulsa’s basecamp for entrepreneurs, startups and remote workers, 36 Degrees North launched in 2016 with one location in the Tulsa Arts District. Since then, they have expanded expanded to three sites, serving more than 2,500 members and reporting an economic impact of about $1.13 billion. By the start of 2025, 36DN is set to open a $38 million Entrepreneurial Hub that consolidates all its venues into a historic building downtown. The Tulsa Regional Chamber shares more about this new hub and 36DN’s role in the community that extends far beyond co-working space. As 36 Degrees North CEO Devon Laney stated: “It’s about the resources. It’s about the relationships. It’s about the community. It’s about identifying the needs of people, helping them connect with resources and then teaching them how to utilize those resources in a way that propels their growth.” Read more: https://lnkd.in/ge9-_saV

Startups need to understand their customer, and where they reside. For example, NYC is the perfect launchpad for Hirebird due to... High demand for hourly workers: NYC's diverse economy relies heavily on flexible labor. Diverse talent pool: NYC attracts a wide range of skilled individuals seeking hourly employment. Early adopter culture: New Yorkers are known for embracing new technologies. Innovation hub: NYC fosters collaboration and provides access to resources. Thriving gig economy: Hirebird aligns with the growing trend of flexible work arrangements. To succeed as a start-up, you need to get your hands dirty. Immerse yourself in your city's culture, understand the specific needs of your ICP, and tailor your product/tool accordingly. Use this example as an exercise to understand your company's ICP and where to find them! #Startup #Startups #ICP #Marketing #TargetMarket #TAM

Could your most loyal team members be coding away thousands of miles from you? 🌍 Here's why overseas developers might just be your team's hidden gems: 1️⃣ 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆 𝘁𝗼 𝗦𝘁𝗮𝗻𝗱 𝗢𝘂𝘁: In many remote locations, tech startups are rare. Developers there are eager to work on exciting tech projects. With you, they get the chance to build from scratch, be a part of a startup culture. 2️⃣ 𝗦𝗮𝗹𝗮𝗿𝘆 𝗜𝗺𝗽𝗮𝗰𝘁: You can offer them competitive salaries that feel substantial, compared to their local market. You stand out, while spending less than what you would on local talent. 3️⃣ 𝗖𝘂𝗹𝘁𝘂𝗿𝗲 𝗘𝘅𝗰𝗵𝗮𝗻𝗴𝗲 & 𝗙𝗹𝗲𝘅𝗶𝗯𝗶𝗹𝗶𝘁𝘆: Remote work opens up multicultural experiences and supports a flexible lifestyle. This freedom you offer can incentivize them to stay longer with your team. But remember, your culture is the glue that keeps the team together. Make it rock solid! 💪 What's your take on remote teams? Are they indeed your most loyal players? Let's start a conversation below! #Startups #Technology #Culture #Entrepreneurship #LeanStartups

Did you know that startup founders embracing remote work are cutting costs by up to 35%? 💻 📉 Remote-first startups are not just saving on office space—they’re tapping into global talent, making it easier to scale and build diverse teams. 🌍 If your startup isn’t location-dependent, this might be the perfect way to stretch your budget and access world-class skills from anywhere! 🚀 #RemoteWork #GlobalTalent #StartupSavings #WorkFromAnywhere