This is good news. I recently moved to the East Bay from Brooklyn, and before that was going to school in Philly. Philly always had that low-key feel that I enjoyed, and was less than 100 miles from NYC. Public transit sucks though.
What's sad is that a majority of the local economy is outside of Center City Philadelphia, and Philadelphia proper mostly due to the city wage tax which takes out almost 4% on top all other deductions in your paycheck. And young people want to live in the city, so it's a tough sell.
It reminds of pg's essay on Cities and Ambition. This kind of thing will give people more options on where to set-up shop, in an area they're comfortable with. It will also help prevent groupthink, and promote a diverse startup ecosystem.
I moved to the Bay area to feel the pulse, and get a feel for the startup scene. Hopefully, I'll have the chance to attend startup school next month.
What's sad is that a majority of the local economy is outside of Center City Philadelphia, and Philadelphia proper mostly due to the city wage tax which takes out almost 4% on top all other deductions in your paycheck. And young people want to live in the city, so it's a tough sell.
It reminds of pg's essay on Cities and Ambition. This kind of thing will give people more options on where to set-up shop, in an area they're comfortable with. It will also help prevent groupthink, and promote a diverse startup ecosystem.
I moved to the Bay area to feel the pulse, and get a feel for the startup scene. Hopefully, I'll have the chance to attend startup school next month.