Fundraising for one. Talent concentration. Easy to find people who believe in your vision, if your vision is good. Culture of builders and makers instead of short-term thinking.
Thank you for your thoughts. Do you think though that this is a double edged sword? I don't disagree that SF has the best tech talent (I was born and raised in Portola Valley), but this reputation also attracts the "grifter and virtue signaler" class? So, if you don't offer pay or a brand name, you may find yourself more exposed to that?
If your shop is doing something like building a urinal factory or dealing with insurance adjusters and your employees friends are all chatting about quantum entangled nanobots powered by cold fusion plasma cores good luck holding onto them.