Big News: FounderDating is joining OneVest to build the largest community for entrepreneurs. Details here
Latest Notifications
You have no recent recommendations.
Name
Title
 
MiniBio
FOLLOW
Title
 Followers
FOLLOW TOPIC

Question goes here

1,300 Followers

  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur
  • Name
    Entrepreneur

Interesting Infographic - Top Startup Cities - by Cost & Taxes

Hello Everyone,

If you haven't already seen it, I thought the Founder Dating community might be interested in this infographic from Entrepreneur Magazine, which lists the top startup cities by median tech wage, income tax max, sales tax, property tax, housing cost, office/sq ft -


Chris

9 Replies

Jonathan Goldberg
0
0
Jonathan Goldberg Entrepreneur • Advisor
President & CEO, Kimberfire Inc.
Thank you for your message. I am currently out of the office with limited access to e-mail. I will be returning on July 25th, 2013 and will contact you promptly upon my return, if not beforehand. Best regards, Jonathan Goldberg | President/CEO | Kimberfire Inc. | [removed to protect privacy] | [removed to protect privacy] | www.kimberfire.com |
Douglas Tarr
0
0
Douglas Tarr Entrepreneur • Advisor
Entrepreneur and Software Architect
We moved back to the bay area from Seattle a year ago. We pay almost double per square foot and get to enjoy income tax and California's onerous corporate tax rates. Traffic is absurd and schools are underfunded.

That said, I wouldn't trade it or go back. SF is an amazing place and this is a unique and incredible time to be here as an entrepreneur.
David Albrecht
0
0
David Albrecht Entrepreneur
-
Not sure where they're getting their data but $144k seems high for the "median" tech wage in SF -- not sure how options / health insurance / sick days are accounted in that though.

It's also pretty startling that state taxes take such a large chunk out of long-term capital gains. Wow!
Devin Fee
1
0
Devin Fee Entrepreneur
Director of Operations at Chiron Health
There are two things I don't like about this infographicsyndicatedby Entrepreneur magazine: a cleverly worded, but misleading, title, and the lack of "show your work".

The first problem is that it looks like this was written to generate clicks and controversy. Austin is the "Top Startup City", and San Francisco is the worst? Well, that's not what the title says, but that's what 99% of readers will fixate on. I love living in Austin, and I am starting a company here, but if you believe this is anything more than a very well executedmarketing ploy, you may want to reconsider.

The second problem is that the results aren't honest. Well, the numbers and rankings might be accurate, but I don't know by what formula the rankings were devised. What's more important, the cost of office space/square foot or the cost of an employee. Better yet, where is the money located that will fund these expenses? SF has 4x more deals done than Austin and about 6x the money invested (both statistics per capita).(http://www.feld.com/wp/archives/2013/07/entrepreneurial-density-and-venture-capital.html

I'll close by saying that Austin is a great city, and it's where I want to build my company. There are ways to justify it's the right city for your business, but I feel that this one size fits all approach is a bit ridiculous.
Blake Caldwell
1
0
Blake Caldwell Entrepreneur
CEO, CTO of Sky MacKai LLC
And not including Los Angeles is silly. They are consistently ranked as a top startup city. They have California taxes, but that's not a reason to exclude them from the list. There are some glaring questions to their methodology.
Christopher Remus
0
0
Seeing the replies made me realize my interest was more in the metrics, rather than the actual rankings. I agree with the general sentiment that many other reasons come into play when choosing a location, which is exacly why I'm in #4-ranked NY, rather than one of the top 3.
Devin Fee
0
0
Devin Fee Entrepreneur
Director of Operations at Chiron Health
Hi Chris,

Just want to follow up after seeing your response. Nothing I said was meant to be an attack on you, and if it came across that way, I apologize. The metrics themselves are interesting and notable, regardless of the controversial conclusions. Thanks for posting this. :)
0
0
X
Entrepreneur

Hi All,

FYI - if you're still looking for tax help and also thinking about the upcoming business filing deadline (March 17 for C & S corporations), I may be able to help.

My name is Aasim and I just launched a site -- www.LiveWireTax.com -- that connects you LIVE to qualified CPAs, Enrolled Agents and Tax Preparers across the country. They're available for individual returns -- starting at $99 for federal file, as well as filing returns for small business and start-ups -- starting at just $399 (normally this service costs $1000+). And if you use our service to prepare your business return and mention Founder Dating, we'll give you 50% off the cost of your personal return.

Best,

Aasim

Michal Stefanow
0
0
Michal Stefanow Entrepreneur • Advisor
transcending hyperdimensional multiverse singularity



These numbers are insane! :)

For that amount of money you could get so much more if you operate not in SF... (but say for instance Krakow, Poland)
John Uke
0
0
John Uke Entrepreneur
Game Changer
This led into a 2 hours "should I move my startup to Austin?" tangent. THANKS A LOT!

(decided to stay because San Francisco has the most "let's kick ass and take over the world" vibe, which is where I'm at in life right now)
Join FounderDating to participate in the discussion
Nothing gets posted to LinkedIn and your information will not be shared.

Just a few more details please.

DO: Start a discussion, share a resource, or ask a question related to entrepreneurship.
DON'T: Post about prohibited topics such as recruiting, cofounder wanted, check out my product
or feedback on the FD site (you can send this to us directly info@founderdating.com).
See the Community Code of Conduct for more details.

Title

Give your question or discussion topic a great title, make it catchy and succinct.

Details

Make sure what you're about to say is specific and relevant - you'll get better responses.

Topics

Tag your discussion so you get more relevant responses.

Question goes here

1,300 Followers

  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
  • Name
    Details
Know someone who should answer this question? Enter their email below
Stay current and follow these discussion topics?