I moved here ~2 years ago to join an early stage startup and while its "not what is used to be"[1] I have personally benefited a lot from being exposed to the business and engineering culture here. I'm starting my own company now and have access to much more networking events and people who "get it" than I think I could have access to if I lived anywhere else. I haven't though so its hard to say.

There is an incredible amount of tacit knowledge in this city that is hard to really internalize until you are actually here and living through it. I think programs like https://www.siltahouse.com/home take a great advantage of these things.

There's a lot of counter intuitive things about early stage that you can't really convey in a blog post, or you may not even believe until you see it yourself up close from people. The open minded attitudes and culture around risk is something that you can really internalize when you are around other people who give you the correct social proof.

Is this all things you can get other places? Sure! It may not matter as much as it did 10 years ago, but you will have a hard time not getting a positive experience out of living, working, or building in the Bay Area.

[1] people have said this since the beginning of time about everything anyways