A new study makes the development of innovation districts sound like a win-win for all parties involved. But a look at some existing districts, like Boston’s Cambridge or Brooklyn’s Dumbo, makes it clear that there are downsides too.
WhatsApp, Oculus, Instagram, Tumblr: These are just some of the technology companies recently valued at $1 billion or more. Whether we’re in a start-up bubble or not nobody can agree on, but one thing is certain: We have no idea what the future looks like, and an investment today could result in huge profits tomorrow.
For the month of April we're profiling the individuals who made our inaugural list of the 30 top thinkers under 30, the young men and women we predict will have a serious impact on the social, political, and economic issues we cover every day here at Pacific Standard.
Talented people are starting to move to places where the cost of living is more reasonable, but a town can't just be cheap and wonderful. It also has to be connected.