Bring your money to Toronto! I'm currently living in Toronto, but looking to move to Seattle once I start at Microsoft. That being said, I'll be making about 70% more in Seattle than I could hope to make in Toronto.<p>Toronto has favourable taxes for small businesses, and is close to some top engineering / computer science schools in Canada and the world (University of Toronto, Waterloo, Queen's University, McMaster). All of my friends currently working on startups in Toronto (myself included) are all bootstrapped, as there's not a lot of VC money around here.
This.<p>We just raised a seed round in both Seattle and the Valley, and the pricing difference here in Seattle is significant.<p>Whether SV pricing is fair, and there are steals to be had in Seattle, or Seattle pricing is sane, and the Valley is overheated I couldn't say. But, I will say that Seattle startup quality seems to be improving, and there's a very different startup-to-money ratio going on here.<p>Come on up Angels! The water's fine!
Right! There's probably a lot of markets where there's talented people but no overheating economy. Until last year, I was living in Portland, and they've got some amazing hackers, but only a handful of funded startups.