So, here’s a thought for the founders out there: focus on building the best business you can – regardless of where you’re located. The money will find you, I can promise you of that.
Founders *shouldn’t* be wasting time consciously trying to make their city better – they should focus on building fantastic businesses that will attract other founders to do the same. After all, hackers attract hackers.
Leave the city/regional stuff to investors and politicians – not because they’re better at building community but because they’ll be *forced* to figure it out when the smartest founders start threatening to leave (or when savvy investors try to lure the best startups away).