Could High Bay-Area Prices Make Sacramento the Next Big Startup Hub? 190
waderoush (1271548) writes "Don't laugh. As the cost of housing spirals out of control on the San Francisco peninsula, neighboring metro regions like Sacramento are beginning to look more attractive to startup founders who prefer a Northern California lifestyle but haven't worked in the Silicon Valley gold mines long enough to become 1-percenters. Today Xconomy presents Part 1 of a two-part look at innovation in the Sacramento-Davis corridor and efforts to make the region more welcoming to high-tech entrepreneurs. In Sacramento's favor, there's a talented workforce fueled by a top-20 university (UC Davis), space for expansion, proximity to the ski mountains at Tahoe, and a far lower cost of living — the average house in Sacramento is selling for $237,000, compared to $909,000 in San Francisco. The downsides include a shortage of local investment dollars and a lower density of startups, meaning there's less opportunity for serendipitous collaboration. But locals say recent efforts to boost the local high-tech economy are working. 'I really feel like we are in a renaissance area,' says Eric Ullrich, co-founder of Hacker Lab, a Midtown Sacramento co-working space."
Detroit would be better! (Score:5, Funny)
Choose Detroit, It's hip here, happening, it's now and Wow! plus it has all the violence that SF has except instead of targeting tech, we are equal opportunity violence targeting!
Plus houses are only $1000!
Re:Detroit would be better! (Score:5, Funny)
Shhh, you have to leave something for the big WOW factor at the end of the presentation.
Yes, everyone get's a FREE FERAL PUPPY!
Re:Detroit would be better! (Score:4, Funny)
Then you will love Detroit.. The Crack-heads here are as authentic as you can get.