Why I moved my company from New York City to St Louis
0Why I moved my company from New York City to St. Louis.
Boundless recently moved its headquarters from New York to St. Louis, and we couldn’t be more excited. Some of the reasons for moving our five-year-old company are unique to our business, but others reflect St. Louis’ surprising uptick in entrepreneurial activity and its attractiveness as a place to live, especially when compared to outrageously expensive areas on the coasts.
Make no mistake, St. Louis has faced its share of challenges over the years. The home of the Gateway Arch, Chuck Berry, and the 11-time world champion Cardinals was hit hard by the Great Recession, and recovery has been sluggish. To many people in other parts of the United States, St. Louis seems just another struggling Rust Belt city — a place that has lost a larger portion of its population in the postwar period than any other U.S. city.
But the country’s 20th most populous metropolitan area is actually filled with remarkable opportunity these days. As a budding entrepreneurial hub, it has, according to Census Bureau data examined by FiveThirtyEight, generated the second highest nationwide increase in number of startups less than a year old.