I'd buy "quarter of SV rent for a nice apartment" or "a quarter of SV rent for an apartment with a walking commute" but I can't see the walking+1/4+nice all together. But that's splitting hairs, I assume.
Having grown up in Seattle and now working SV, I think the issue is the combination of being too close to SV, and not having the funding.
Obviously NYC has all the money you could need for a startup scene. Whether enough of it is being sent to startups can be argued, but the money is there. That, and it's a massive city near other massive population centers, and nowhere near the Valley. I think proximity to one big "scene" can hurt others.
Having grown up in Seattle and now working SV, I think the issue is the combination of being too close to SV, and not having the funding.
Obviously NYC has all the money you could need for a startup scene. Whether enough of it is being sent to startups can be argued, but the money is there. That, and it's a massive city near other massive population centers, and nowhere near the Valley. I think proximity to one big "scene" can hurt others.