>How does this intersect with running a startup? Grifting startups with social media expertise won't go over well.
Shitty landlords, arcane permitting bureaucracy, Philly wage tax, etc.
> Perhaps for existing workers, but between Drexel, UPenn, Temple, and Penn State, the market for CS talent is great.
Fresh grads are not the solution to all tech problems. My network of experienced developers and managers is much thinner in Philly than it is in the greater DC and NYC areas. If I were setting up shop tomorrow in NY or DC, I know exactly who I'd call first. Philly, not so much, and it's not for lack of knowing professionals in the area. Now if you need a physician, chemist, biologist or mech eng, Philly's a great place. I realize this is just me and my opinion, YMMV.
> And a terrible real estate market in both locations.
Fair point, but there's a reason DC and NYC real estate costs more. People and businesses are there. And depending on your product space, DC is especially attractive because a certain uncle keeps spending even in recession.