Is the US still worth it?
Shared by leandermaerkisch · 8d ago · 9 comments

Rioters storm the capitol. A president lying about his election loss. Startup exodus from San Francisco.

It was always my dream to experience the pioneering spirit in Silicon Valley first-hand. But with the US in decay, I start to rethink.

1. How do you view these developments?
2. What are viable alternatives to the Bay area (Tel Aviv, Singapore, Stockholm)?
3. How have your plans changed?
4. Which countries are worthwhile for location-agnostic startups?

The US is not the US. Generalizations are always difficult. Experience shapes perspective. I perceive the world from a European-libertarian point-of-view.

gandalf-016894 · 8d ago

In two weeks the actual (lying ) president and it's rioters will be forgotten. Real USA with continued.

ShaneDevane · 8d ago

Unfortunately, the amount of surplus money (not VC money - above that) only exists in USA. You could argue that there's a better country to be in for angel investors (and I would agree) but for the 'big stupid money' USA is still the only place. Eventually, you'll want the option to IPO and that needs lots of people with silly amounts of money to spend. In terms of the Spirit though, Berlin for me (I would love to know if Singapore is good for early-stage startups in particular). my 2 cents anyway (I'm based in Spain)

leandermaerkisch · 7d ago

Very interesting and true point. One could argue that & co might make traditional means of financing obsolete. But this takes time and does not solve the IPO issue. Berlin is fantastic (cheap housing + fairly international). Would be indeed great to learn more about Singapore. Thanks for sharing your 2 cents!

manojranaweera · 8d ago

Come to Manchester, UK. We are a friendly lot. There's a huge world outside the USA. If you are looking for investment, check out the stories · 8d ago

I'm thinking of situating my company's HQ in Manchester as London is expensive. Can we talk?

AndyDent-Touchgram · 7d ago

I'm incredibly sad to say I think Manchester as a tech hub, like anywhere in England, is going to suffer greatly from Brexit. Obviously, anyone from Europe cannot just go over there now and work, as they could for years.

There's a second-order effect which will be a nightmare for years - the overload of dealing with the urgent cases of Europeans already in established business and scientific relationships, who need their business visas processing. The stupid govt has utterly failed to ramp up to cope with all these things because they didn't want to admit the costs that would be incurred by Brexit.

Maybe in a year or so they will relax visas but I suspect it's going to take more like five years. In the meantime, it's highly likely that the financial powerhouse that is London will be undone and much of it move to a European capital.

Then of course there's Covid-19 and the stigma and real scares of the UK Variant as it's being referred to internationally. Our headlines here in Perth yesterday were about new border closures and that we're being advised to buy masks - we've been mask-free since May. That's because of a couple of cases of the variant being detected 3,600km away.

My brother and his family are split between Cambridge & York so I speak from his comments over the last year and a position of desperate worry about everyone over there.

manojranaweera · 7d ago

Hi Andy, not disagreeing with all you said. Let's agree that's reality. But as entrepreneurs and especially as tech entrepreneurs, we can weather almost anything. As humans, we will prevail.

The best thing I've done is to stop listening to the news and get involved in airing my views. I stopped this around mid April. We only go out grocery shopping since March 12th and for short walks and in my case, a bit of cycling. We have a week's holiday in August in Scotland, and that's all the fun we had.

In terms of what's going for us:

1. Entrepreneur and Tech Visa allows folks to emigrate to the UK.
2. We have a great ecosystem.
3. You can even be a UK company without you ever setting foot here.

But the reality is that thanks to Covid 19, your location does not matter anyway. You can work from anywhere in the world and achieve everything you set out to achieve.

I live 9 miles from Manchester city centre. I have not been there since 11th March except for two occasions. I now feel like an outsider than an insider. · 5d ago

1. My View:

We're all fortunate to be able to discuss these topics openly in more nations than ever before.

a. Literacy has never been higher (14% two centuries ago, 84% today)
b. Child Mortality has never been lower (43% two centuries ago, 4.5% today)
c. Death by battle / conflict is probably the lowest it's been in the history of the humanity

In light of the global trajectory implied by the trends above, does the cost of a small course correction in the US offer a huge potential return on investment for the world? I believe it does.

Thank you for asking this important question.

I was so busy last week that I didn't know anything had happened until someone on my 7PM Zoom call started the meeting by referencing "the events." I literally had to open a browser to see what they were talking about.