In a post last week in the San Diego Daily Transcript, Stephan Goss, CEO of Zeeto Media, and Jeff Brice, CEO of TrustEgg, detail why they chose San Diego over Silicon Valley for their businesses — maybe there are aspects that biotech entrepreneurs should consider as well.
– “Forbes recently named San Diego the No. 1 city in America in which to start a business. San Diego topped most of the categories of by social media adoption and usage as well being small-business friendly. Additionally, Inc.com just featured San Diego as one of the most innovative cities across the nation, dominating the market in patents relating to recreational activities.”
– “San Diego still very much considers itself a small beach town, so it is easy for a successful company to get noticed and get access to resources. There is a great pool of talent here already and it is relatively easy to entice people from other parts of the country to San Diego.”
– “Here in San Diego, because the cost of living is significantly lower than in Palo Alto, we can pay our talent at or above market prices and still continue to grow the business.”
Full article here