Gurley suggests fun cities like Austin and Miami may not attract the most determined founders.
“And so I think there's a question as to whether you attract the very most determined founders.”
Gurley suggests Austin and Miami being fun cities may be a problem for attracting the most determined startup founders.
“I think many cities, whether it's Austin or Miami, they they have a problem that sounds ironic, but they're a lot of fun.”
Gurley says Austin, one of the fastest growing cities, has seen rents fall for four years due to good policy.
“One of the fastest growing cities in the nation, rents have fallen for four years. That's good policy.”