If someone was looking to compete with YC one starting differentiator could be to not force teams to relocate to SV for three months; something that YC has proven time and again they’re not open to budging on (aside for the mini-not quite YC program they ran). They’ve explained their rational but I don’t buy it.
It’s easy to forget how important SV is compared to the rest of the world.
SV invests more in startups than the rest of the world combined. It’s the only place in the world where people put big money where their mouth is.
I’d love to see YC definitely grow in other places but it boils down to a couple of things. A high concentration of capital, talent and a good business support.
Not a lot of places that have that or willing to cultivate that.
