Comment by lloyd-christmas

Not as easily. There is a reason all the banks are based in NYC. Recruitment and networking is as easy as walking across the street. The same holds for tech. Cost of hiring is extremely high no matter where you are, and it likely goes up even more when trying to recruit someone to move to the middle of the country. I mean no disrespect to middle america by that statement, I just mean that the probability of having to uproot is much higher when there are 2 companies in town vs. 200.