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Talent is the limiting factor in startup growth -
January 3, 2012
"But ask any startup around what they really do need right now, and the answer is clear — great technical talent. Startups of all sizes are competing for a small pool of highly skilled candidates, and in startup hubs like San Francisco and New York the competition for engineers is fierce. This scarcity has persisted despite consistently high national unemployment rates. And because it has become so easy and cheap to start a startup, convincing great engineers to join an existing startup has gotten much harder." -
Well, you could locate in Mountain View. :-) But startups aren't doing that, which leads to twitter's situation, for instance.
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