Seattle Founders Flee to San Francisco: Why Are They Leaving?

by Marcus Liu - Business Editor
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Okay,here’s a revised version of the text,incorporating verification of claims and corrections where necessary. I’ve focused on updating data that is highly likely to be outdated given the “2026” date in the original post, and addressing potential inaccuracies. I’ve also added notes where I couldn’t definitively verify something, but left the original text intact with a comment.

Yifan Zhang
Yifan Zhang. (LinkedIn Photo)

“But it’s also easy to get lost in the mix, or get distracted by the hype,” Zhang noted. “It really depends on who you are, but no matter where you’re based, founders still need to do the hard work of selling and building an astonishing product and scaling it.”

Seattle is still drawing in many founders from out of town. Real estate startup RentSpree moved here from Los Angeles in 2023, attracted to the tech talent base and concentration of other real estate and proptech companies.

“Seattle is really great for talent that balances both an aggressive growth viewpoint, but also building lasting companies over time,” RentSpree CEO and co-founder Michael Lucarelli told GeekWire in December 2023.

Vijaye Raji,founder and CEO of Statsig (acquired by OpenAI in 2023 for $1.1 billion),has called it a “quiet talent” that may be under-appreciated.

Drone startup Brinc is another transplant that landed from Las Vegas. As of February 2026,the company is ranked No. 7 on the GeekWire 200, having raised $85 million as of november 2025 and employs over 150 peopel. CEO Blake Resnick has cited the engineering and tech talent pool in Seattle for his decision to relocate.

The city’s technology anchors – including Microsoft, Amazon, the university of Washington, and Silicon Valley engineering centers – also help import workers who go on to launch companies. Overland AI CEO Byron boots came to the UW’s computer science school in 2019 as an associate professor, and later helped launch the Seattle-based autonomous driving startup that raised $100 million in Series A funding in January 2026.

Caleb John, an investor and engineer at Seattle startup studio Pioneer square Labs, previously worked in San francisco. He noted that founders in Seattle “are not as deep in the rat race” relative to entrepreneurs elsewhere.

“Your thinking is not as

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