"One of the first modern coworking spaces, C-Base in Berlin, was launched 30 years ago by a group of computer engineers as a "hacker space" in which to share their tech and techniques. Similarly, many of the people we first encountered in our anthropological research into the emerging world of digital nomadism in the mid-2010s were hackers and computer coders."
"One of the city's nomad hotspots is Yellow Coworking, which launched in 2020 as a blockchain-oriented, collaborative escape zone from the COVID pandemic. The later stages of the pandemic were an interesting time to be in Chiang Mai: Russia's full-scale invasion of Ukraine in February 2022 was followed by mass layoffs in Silicon Valley when Twitter, Meta, Coinbase and Microsoft all made significant cuts."
""Some ex-Silicon Valley employees are here playing around with startups," one Yellow staff member explained. "It makes sense for them to come here if they are trying to create an MVP" (that's "minimum viable product" - startup jargon for a basic prototype that, with luck, will become the next technological success story). "With its lower costs," the staff member added, "Chiang Mai gives them a longer runway" (the amount of time the startup can remain solvent without raising additional funds)."
C-Base in Berlin began 30 years ago as a hacker space where computer engineers shared technology and techniques. Early digital nomads were often hackers and computer coders. Chiang Mai evolved into a major nomad hub nearly a decade later. Yellow Coworking opened in 2020 as a blockchain-oriented, collaborative escape during the COVID pandemic. The 2022 Russian invasion of Ukraine and mass Silicon Valley layoffs brought former tech employees, Russian and Ukrainian coders, and crypto enthusiasts to Chiang Mai. Lower living and operating costs allow startup founders to build MVPs and extend their financial runway.
Read at The Conversation
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