We were recently in Miami for the Bitcoin 2022 conference – the first time we’ve traveled to a conference in years and as a compulsive networker and superconnector, we didn’t realize how much we had missed the serendipity and synergies that only happens at in-person events.
This is a lesson in tech hubs and why they shift. Boston was long the center of technology, but with the advent of the internet, Boston lost it. Boston was set in its ways and had its processes. A young, unproven sector was not in its purview: Boston was about Real Tech, not a bunch of upstarts with a bold vision of a tech future that might well never happen.
The energy shifted to Silicon Valley and in due time, New York. Other hubs sprung up around the country and the world, although with all due respect, our focus here is the US. The SV and NY hubs quickly took the lead, at least in terms of where the investor dollars were. And how did they become investors? For the most part, they were founders who had enjoyed exits. Boston might still have been in the mix, but as a distant third: it was not an internet hub. Read More...
