I will add that Backupify started in Louisville, KY, and we were funded by First Round while we were still there. We didn't have to move to raise money, but we couldn't find the tech/startup talent we needed. So we looked at NYC, Boston, and the Valley. I talked to lots of people who lived in each place and ultimately, as you would expect, everyone raved about whichever place it was that they lived. Ultimately, I chose Boston because MIT is the most innovative place in the world, and because it is a highly intellectual city and I have a lot of interests outside of just tech startups. I've been very very happy here, and think it's a great place to build a company.