"Last year, more than 50% of all global venture funding for AI-related startups went to companies headquartered in the Bay Area, Crunchbase data shows, as a cluster of talent congregates in the region."

In other news, water is wet.

There was a moment during the pandemic when it looked like everyone was going to work remotely and there was an opportunity for startups to be founded anywhere. I think that time has gone: the San Francisco Bay Area is once again the place to found any kind of technology startup.

Yes, there are always exceptions, but the confluence of community density, living conditions, universities, and mindset make for a perfect storm. NYC and London - and maybe Boston / Cambridge - are pretty good too, for what it's worth, but the sheer volume of startup activity in the area gives San Francisco the edge.

This is something I fought earlier in my career: my first startup was proudly founded in Scotland and largely run from England. I wish we'd just moved to San Francisco.

This isn't to completely sing the praises of the city: the cost of living is now astronomical, and there's a contingent of right-wing activists that seem to want to paint it as some doom spiraling hellhole, as if its progressive past isn't something to be proud of. But there is still beauty, there is still that can-do sense of adventure, and if I was founding something new, that's probably where I'd be. #Technology

[Link]