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Sergey Brin: Don't Come To Silicon Valley To Start a Business (businessinsider.com)

An anonymous reader shares a Business Insider report:If you're itching to start a company out of a garage, then you shouldn't pick up and move to Silicon Valley, according to Google cofounder Sergey Brin. It's easier to start a company outside the Valley than in it, he said onstage at the Global Entrepreneurship Summit. "I know that sort of contradicts what everyone here has been saying," he said with a laugh. "During the boom cycles, the expectations around the costs -- real estate, salaries -- the expectations people and employees have ... it can be hard to make a scrappy initial business that's self-sustaining," he said. "Whereas in other parts of the world you might have an easier time for that."But he adds that Silicon Valley is good for scaling that opportunity.

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  1. Translation by Bovius · · Score: 5, Insightful

    "Do the riskiest part of starting a business somewhere else. Then, when it reaches maximum future potential, bring it to Silicon Valley so we can buy it out from under you for a song and make a ton of money."