Live data from Hacker News

The Decline of Investment in San Francisco Startups

tomtunguz.com

91–100 of 417 posts

Re: The Decline of Investment in San Francisco Startups

#92
post #39

Earlier quoted context omitted.

Nevada is too different, the combination of non-enforceable non-competes and the nice weather can be duplicated elsewhere in CA easiest, and this is happening. If your state has big corporate HQs forget about getting non-enforceable non-competes.

Wouldn't CA companies/employees not get pushed to sign unenforceable non-competes (because they're in CA, so it doesn't help the employer any, so they don't push for it in contracts)? So if you're poaching from CA anyhow...

It's the employees' choice, take a lifetime of lower earnings or not, everything else being the same.

Re: The Decline of Investment in San Francisco Startups

#93

Both top-level comments have mentioned housing prices. I grew up in the Bay Area and want to stay here and I am trying to work to change policy to help build more housing. Unfortunately due to law, bad policy and NIMBY's the market is not going to solve this problem on its own, without political change rents and housing prices will keep increasing. Here are some political actions you can take to help: - call your Sta…

It's almost comical how overcrowded BART has gotten at rush hour. Embarcadero and Powell stations become standing room only. I live deep in the east bay, and the new apartment building going up across the street has 1 bedroom layouts starting at $2800. Something has to give, or people will simply give up.

That's normal in every major city. Tube is stand only during rush hour.

Re: The Decline of Investment in San Francisco Startups

#94
post #46

Earlier quoted context omitted.

People should give up. People should leave the area. They should move where they can find a job and a cost of living that's reasonable. The fact that people don't give up is why landlords can afford to charge $2,800/month for a 1 bedroom. You can't rent at $2,800/month if no one will sign the lease.

The simple fact is that there are a lot of people who need to live in the Bay Area. Wishing people would just leave is what the NIMBY organizations have been trying for decades. It doesn't work, and it inflicts undue hardship on everyone who wasn't one of the lucky ones who bought in early. The only thing that does work is confronting the fact that a lot of people need to live here and encouraging housing supply to m…

The economic need will, of course, compensate for higher housing costs by providing higher compensation, which ultimately makes housing costs a moot issue for anyone providing value to the local economy.

As someone from outside of the region, what reasons necessitate that a lot of people be in the Bay Area that is beyond the economic need?

Re: The Decline of Investment in San Francisco Startups

#95
post #65

A few questions for HN: 1.) Do you think San Jose will ever become "a thing" for tech startups? Is there enough to do there? There is a WeWork and San Pedro Square in downtown San Jose. Or is a waterfront view what make San Francisco, Seattle and Portland what they are? Also, if you did want to live in San Jose there where are the up and coming places for HNers to live? 2.) Cupertino used to be cherry orchards and su…

1) I believe so. Once Google goes into Diridon, enough young people would gather around the station, businesses would also gather, higher-density buildings will go up, start ups will start to gather as well.

2) Cupertino is close enough to Stanford and Moffett, which were the two centers of initial Silicon Valley. Morgan Hill and Brentwood are quite far. Still, its population and real estate markets will grow.

3) High price sometimes attracts people by itself.

Re: The Decline of Investment in San Francisco Startups

#96
post #72

Earlier quoted context omitted.

Seattle. Lose ~2-5 thousand a year in income on average as a Software engineer, save 1-2 thousand a month on rent, and no income tax: https://www.codementor.io/blog/best-cities-software-engineer...

Every city has its pros and cons. Seattle is no exception. You move to Seattle so you can save a couple bucks, okay so what? Then you get seasonal depression because its overcast all the time.* *except during summer when it's beautiful

The vast majority of the world deals with seasons. It'll be okay. And frankly, the PNW is outright pleasant. The NE gets covered in snow for 1/4 of the year, and transplants to Portland and Seattle complain about it being cloudy.

Re: The Decline of Investment in San Francisco Startups

#97
I think remote working really is a part of solution to this.

Perhaps augmented/virtual reality could be a good solution for some sort of application to have remote meetings with colleagues with headset in a virtual room/scenery and collaborate like that.

It could be used for daily standups and other meetings and it would remove the social isolation problem of remote working and make it much more feasible. Is any AR/VR company working on anything like that?

Re: The Decline of Investment in San Francisco Startups

#98

I think remote working really is a part of solution to this. Perhaps augmented/virtual reality could be a good solution for some sort of application to have remote meetings with colleagues with headset in a virtual room/scenery and collaborate like that. It could be used for daily standups and other meetings and it would remove the social isolation problem of remote working and make it much more feasible. Is any AR/V…

> Is any AR/VR company working on anything like that?

Probably every AR/VR company not working on games.

Re: The Decline of Investment in San Francisco Startups

#99
post #48

Earlier quoted context omitted.

Correct. And the best way to fix Bart overcrowding is to build apartments near where people work so they don't HAVE to commute.

> And the best way to fix Bart overcrowding is to build apartments near where people work so they don't HAVE to commute. Why not build businesses where people live? Apple can spend 5 billion on its new campus in the middle of nowhere, but the public has to shoulder the cost for transit. 90 percent of Google's and Apple's domestic workforce could probably do at least 70 percent of their work from home. Apple prides it…

If you want to build a big new campus it pretty much has to be in the middle of nowhere, because people tend not to like you bulldozing a chunk of city. They could build their own housing but people tend not to like the "company town", and for good reason. Fixed-line transit is pretty much impossible to build without eminent domain powers; I'm sure the tech companies would be happy to contribute to building a line but they would need cooperation from the government. Meanwhile they do run their own bus services because that's the only form of transit that a private company can realistically operate, and people complain about those too.

Planned development areas where you get a bunch of housing, businessplaces and transit built in the same place can work really well. But they need coordination and collaboration from the public side; there's only so much one business can do on its own.

Re: The Decline of Investment in San Francisco Startups

#100

Earlier quoted context omitted.

The simple fact is that there are a lot of people who need to live in the Bay Area. Wishing people would just leave is what the NIMBY organizations have been trying for decades. It doesn't work, and it inflicts undue hardship on everyone who wasn't one of the lucky ones who bought in early. The only thing that does work is confronting the fact that a lot of people need to live here and encouraging housing supply to m…

The economic need will, of course, compensate for higher housing costs by providing higher compensation, which ultimately makes housing costs a moot issue for anyone providing value to the local economy. As someone from outside of the region, what reasons necessitate that a lot of people be in the Bay Area that is beyond the economic need?

maybe they were born there and their family, community and network is there?

or is that a nonsense thing to say in the States? In some places of Europe that would be a pretty normal feeling.

Post reply on HN