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Contrary to conventional wisdom, Silicon Valley isn’t the only place to go when you get serious about building a new company in the technology space.

Sure, it’s a great place to start this sort of business, but the case for moving your company there is not as strong as it used to be. I’ve stared, run and sold many companies far from the Valley – with my latest venture firmly based in Philadelphia. Here’s why I’ve avoided ground zero for many tech companies:

If you are currently located outside the Valley but in a so-called secondary market such as Philadelphia or Boston, Seattle or Austin, you may be well-placed to succeed without moving. Yes, Silicon Valley still has large amounts of human capital, venture capital, and deal-making expertise, but there are also a very large number of companies competing for it.

To read the full, original article click on this link: How to build a tech startup outside of Silicon Valley | VentureBeat

Author: David Brussin