What It’s Like to Be a Startup in Boston

What It’s Like to Be a Startup in Boston

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Boston “is a bit of the Rodney Dangerfield of cities,” according to Paige Arnof-Fenn, founder & CEO of the Boston-based Mavens & Moguls. After all, the Bay Area and NYC get all the good press but “truly Boston is where a lot of the tech and VC world started.”

Boston offers plenty to love: MassChallenge Boston’s four month accelerator program gives global entrepreneurs the resources they need with no equity taken and helps them compete for the chance to win a share of a $1M prize. MIT Sloan CIO Symposium, on May 24 this year, offers the Innovation Showcase which features 10 outstanding early stage companies with cutting edge solutions that combine both value and innovation to Enterprise IT. The city is also home to Kendall Square, known to some as the most innovative mile on the planet due to the caliber of business it’s attracted over the last decade. The Bay area might have the name recognition, but Boston’s clearly no slouch.

I reached out to Arnof-Fenn, along with 14 additional Bostonian founders and CEOs, to find out the benefits and disadvantages to basing a startup out of The Hub. Here are their reasons for loving the city:

Plenty of Brainpower

Boston-based entrepreneur Ted Chan, founder and CEO of the online healthcare portal CareDash.com, runs the startup out of Kendall Square:

“When our chairman, Dave Blundin, and I were picking where to start a company, we decided on Kendall Square for one main reason; In terms of pure brainpower, it’s the densest in the world. The fact that you are between Harvard and MIT, and the minds that Boston/Cambridge attract really means you have access to the best of the best. Also, the quality…