Being involved primarily with companies that are not based in The Valley, I often hear stories from founders that feel heavily pressured to move closer to the VC. While the move may have benefits, it does not come without costs:
We moved our online retailer to Miami to be closer to our customer base. It seemed fairly easy. Little did we know. I still remember the first time we thought about relocating our company to Miami. At the time we were based in the Washington DC area, where my husband and I had founded our company, The Orchid Boutique. Read the full story.