On the other hand, it's easy to break into the startup industry from anywhere in the world. You just need to gain a certain number of customers and following, and you will be noticed. Contrast that with the film industry, where the need for expensive equipment means that financing is critical to every venture.
It makes sense for the film industry to be concentrated in hubs because of the huge expenses in each film. It does not make sense for startups, because such expenses don't exist, and the need for connections, while important, is not critical.
So, though the trend may look like it's going towards major hubs for now, over time this will normalise itself as those players who are not able to go to the startup hubs will fragment and create successful companies all over.
There will be few major hubs for technology startups - but they won't be ever as concentrated as hollywood - simply because there is no need for them to be so.
It makes sense for the film industry to be concentrated in hubs because of the huge expenses in each film. It does not make sense for startups, because such expenses don't exist, and the need for connections, while important, is not critical.
So, though the trend may look like it's going towards major hubs for now, over time this will normalise itself as those players who are not able to go to the startup hubs will fragment and create successful companies all over.
There will be few major hubs for technology startups - but they won't be ever as concentrated as hollywood - simply because there is no need for them to be so.