The money in the Bay uses ‘if you’re not in the Bay you’re not serious, and even if you are other Bay money won’t take you seriously so I can’t afford to’
Right. That’s my “just accept it” point. If you want that money, you (currently) have to play by those rules. If you don’t want to play that way, you need to stand up and say that your plan isn’t based on bay-area money/support levels.
as a coercive strategy to draw people there.
It’s hard for me to understand the use of “coercive” here. Other than choosing not to give you money/attention, what coercion is being applied?
Even so, I think that strategy (to draw the serious people who have the capability to contribute) is a small part of it. It’s mostly just a simple acknowledgement that distance matters. it’s just a bit more hassle to coordinate with distant partners, and that’s enough to make many want to invest time/effort/money more locally, all else equal. This is compounded by the (weak but real) signals about your seriousness if you won’t find a way to be in the center of things.
Right. That’s my “just accept it” point. If you want that money, you (currently) have to play by those rules. If you don’t want to play that way, you need to stand up and say that your plan isn’t based on bay-area money/support levels.
It’s hard for me to understand the use of “coercive” here. Other than choosing not to give you money/attention, what coercion is being applied?
Even so, I think that strategy (to draw the serious people who have the capability to contribute) is a small part of it. It’s mostly just a simple acknowledgement that distance matters. it’s just a bit more hassle to coordinate with distant partners, and that’s enough to make many want to invest time/effort/money more locally, all else equal. This is compounded by the (weak but real) signals about your seriousness if you won’t find a way to be in the center of things.