You should be close to your customers. My cofounders and I coded most of the MVP in the bay because we all happened to be living there, but then we started going to tradeshows and saw that most of our customers were in NYC so we moved east.
If you are doing a startup where you are a B2B tech company that sells to other tech companies, the bay area is great.
If you are doing a startup where you are a B2B tech company that sells to other tech companies, the bay area is great.