Can we please stop comparing Boston to San Francisco and New York? Please? I'm getting sick of this discussion. It doesn't mean much.
I grew up just outside of New York City, I went to grad school there and remain a loyal fan of the New York Jets (no, that doesn't make me all that popular in Newton). But I chose to live in Boston. Two of my three children were born here,
Let me repeat that: I chose to live in Boston. Boston didn't choose me. Todd is also a transplant (though, I hear he gave up rooting for the Detroit Lions, can you blame him?) and he also chose to be here. There is something about this city that we love, something about the people, the culture and the environment that makes it important enough to start a company here.
Each city has its advantages and different culture. Yes, New York has a 24 hour culture and a vibrant financial market that keeps much of the rest of the city humming (the taxi drivers and Broadway producers all feel the boost when Wall Street gives out good bonuses). Silicon Valley has a vibrant startup culture with great weather and entrepreneurs who become celebrities. But Boston has a quiet confidence that I find endearing. We are who we are, we're not something else.
The main reason I hate these comparisons is that we look to the companies we lost (Facebook, Microsoft, TaskRabbit, Pixable, etc.) and ask "why! why would you leave us? We could have loved you!" Frankly, it's a bit embarrassing. Love the one you're with. But the problem isn't that those cities are cooler, it's that the companies (and their founders) were better fits for those cultures. Rather than focusing on that, maybe we should be focusing on creating companies that fit OUR culture.
Many years ago Evernote CEO Phil Libin told me that Silicon Valley is better for consumer-facing companies while Boston is better for research-based companies that feed government and defense contracts as well as enterprise technology. Of course, we also have a vibrant healthcare and biotech community. Why fight that? Why lament when a consumer company leaves and we're left with very interesting technology that could help create a cure for cancer or change how we get power?
Zigging when everyone else is zagging can be a very good thing. An article in the Wall Street Journal points out that enterprise technology in the Valley has fallen out of favor with VCs while investment in consumer technologies has increased. Sure, fine for them, we can benefit from that by focusing on our core.
As for being "cool," we shouldn't feel bad that we lost consumer-facing companies to other regions, we should be trying to point out how enterprise tech companies that innovate, build jobs and build revenue in Massachusetts are cool, even when they're doing something that seems mundane to the average eye, like helping organizations switch to IPv6. I sat next to a guy on the bus yesterday working on that very problem. No, it's not as easy to understand as a company that helps you get errands done, but it impacts a LOT more people.
Let's embrace who we are and stop worrying about who we aren't.