You don’t need to move to San Francisco to launch a startup, but working here does have some advantages: moderate weather, natural beauty, great food, and sure, the world’s largest concentration of venture capital.
Y Combinator’s Demo Day took place this week, and although the event itself was virtual-only, 86% of the founders in YC’s winter 2023 batch lived in SF while participating.
The ongoing AI boom is a contributing factor: 54 of the 282 companies in this cohort “are specifically building generative AI startups,” reported Natasha Mascarenhas.
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