How necessary is living in SF for entrepreneurs?

I want to start a business somewhere down the line but I’m not too keen on living in SF. With the ridiculous prices, homelessness, and leftist hive mind I really can’t see myself enjoying living there long term. Is it that necessary/advantageous to be there for a founder? I feel like 10-15 years ago the answer would be a resounding yes, but things are changing.

3 Comments
 
Most Helpful

Literally not at all necessary.  The main reason people would go is access to engineering talent and because it was a great place for diversity of thought and people trying to start up with lean resources.  That latter two aspects of that environment have gone out the window thanks to their leadership (probably safe to say they still have the best talent pool).  You can find comparable places all over.  Salt Lake City, Dallas, Austin, Boston (also pretty expensive admittedly), Miami, and Atlanta are a few places that come to mind with established fast growing entrepreneurship communities. 

"If you don't have any enemies in life you have never stood up for anything" - Winston Churchill | "It's a testament to the sheer belligerence of the profession that people would rather argue about the 'risk-adjusted returns' of using inferior tooth cleaning methods." - kellycriterion
 

Miami having an entreprenuership community is interesting. Wouldn't have guessed that and would love to live there for a few years

 

Animi qui in eum explicabo id consequatur voluptatem. Quidem et accusantium sit quae. Aut cum ut esse ipsum. Doloribus nulla temporibus quisquam enim.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.7%
  • BMO Capital Markets 12 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
DrApeman's picture
DrApeman
98.9
6
GameTheory's picture
GameTheory
98.9
7
CompBanker's picture
CompBanker
98.9
8
dosk17's picture
dosk17
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”