Comment by dr_

I live in the New York City area. The benefits you state are true however if you are in fact contemplating a start up your access to engineers in the Silicon Valley area are going to be far greater than in the New York City area. That may be changing but sometimes groupthink can be positive thing. It can help nurture and further develop an industry. You mentioned the finance industry being in New York however realize that the finance industry developed in New York because of groupthink.