Facebook CEO Mark Zuckerberg: I wouldn't start a new company in Silicon Valley today
Facebook CEO Mark Zuckerberg says that if he were launching a new company, he wouldn't do it in the San Francisco Bay Area.
Now, Zuckerberg says that social media makes it easier for startups anywhere to find their audience, and it's easy to get the servers you need to power a new app via cloud platforms like Amazon Web Services. "I like the Bay Area, so I'm not super negative on it, but I do think on balance if I was starting from scratch now, I would not pick the Bay Area," Zuckerberg said.
Now, though, he said, social media makes it easier for a new company to find their customers, and adding new servers to power a new app or website is just a matter of renting capacity from the Amazon Web Services cloud platform.He says that it was difficult for Facebook to get the servers and data centers it needed to establish itself, let alone find the necessary venture capital amid the downturn in the tech sector following the dot-com bust.
Furthermore, he said that it's not only easier to go outside Silicon Valley, but that there are now upsides to doing so.
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