77 karma · joined May 7, 2012
You are right though that sometimes economics dictates the situation and people have to leave due to not being frugal enough during the good times. You should always be prepared for a rainy day.
If one entrepreneur or early stage employee reads the article who is on the fence and it convinces them to stick it out, then it was an article worth writing.
What I have tried to convey is that for those people the times aren't as bad as they think they are and that they should stick it through.
If you aren't taking advantage of that unique eco-system leaving is fine move. The people I have chatted to before I wrote the piece were people who were/should be taking advantage of that eco-system.
The biggest value in Silicon Valley outside of access to capital is something I didn't mention in the article. It is the network of people who are very capable that you can get to know who know a lot about the specific fields you are entering (e.g. mobile, hardware, VR, semi-conductors etc)
There are pluses and minuses to being here, but there will always be capital available to those that are solving real problems. Some of the best companies were started in downturns (e.g. Facebook 2007 I believe?)
Thanks for the comment, thoughts?