Paul Graham’s advice: it still matters to be in Bay Area as a founder because you are the average of your 5 closest friends. And in Bay Area your 5 closest founder friends are much more likely to be successful (possibly very successful) and that happening much less in any other city.
Bay Area isn’t all that. Plenty of homeless and people barely getting by. Even founders working on the next jank app barely staying afloat of crazy rent.
Successful is a weird definition. Most people in Bay Area, like the rest of the world are in the cycle of making ends meet.
If you have great founder friends, great. But it’s not a given from the law of averages.
It is a disfunctional city, and continues to be successful despite being disfunctional.