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The outlook for Bay Area startup space in 2017

techcrunch.com

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Re: The outlook for Bay Area startup space in 2017

#3

Post by api »

overcast wrote: post #2

Spending that much on rent for a starting company, is just completely ludicrous.

I've said for a long time that if investors insist on only funding Bay Area companies they should just skip the middleman and cut checks directly to real estate owners and speculators.

Re: The outlook for Bay Area startup space in 2017

#4

Post by overcast »

api wrote: post #3
overcast wrote: post #2

Spending that much on rent for a starting company, is just completely ludicrous.

I've said for a long time that if investors insist on only funding Bay Area companies they should just skip the middleman and cut checks directly to real estate owners and speculators.

Seriously, they should just become real estate investors. They get paid in all the funds funneled into startups, and the circle of life is complete.

Re: The outlook for Bay Area startup space in 2017

#5

Post by alarge »

api wrote: post #3
overcast wrote: post #2

Spending that much on rent for a starting company, is just completely ludicrous.

I've said for a long time that if investors insist on only funding Bay Area companies they should just skip the middleman and cut checks directly to real estate owners and speculators.

To be a little pedantic here, the numbers quoted here are San Francisco numbers, not "Bay Area" numbers. With just a quick check, I found considerably cheaper commercial lease rates in Mountain View.

Re: The outlook for Bay Area startup space in 2017

#10

Post by jtbed »

overcast wrote: post #2

Spending that much on rent for a starting company, is just completely ludicrous.

Office space is usually the 2nd biggest expense for any business, startup or not. but prices certainly get inflated with vc funding and high demand. aside from the price, office space is really, really important for attracting talent and creating a productive work environment. but I agree, it's so expensive and we try desperately to find the best options for the startups we work with in order to achieve these things but also be cost effective. another issue is the cost of living, which makes it hard on employees. We really want to see more housing (both market and affordable) and more office space developed to bring down the prices and let more people work and live in SF.
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