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The Decline of Investment in San Francisco Startups

tomtunguz.com

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Re: The Decline of Investment in San Francisco Startups

#151
post #119

Earlier quoted context omitted.

npm and uber are in Oakland. Edit per comment below: uber Oakland office was going to 3000 people, but yeah, now it's been reduced to a few hundred: http://www.mercurynews.com/2017/03/20/uber-scales-back-initi...

Uber is in SF, Palo Alto and Seattle, oak office is very small and hasn't opened yet.

[deleted]

Re: The Decline of Investment in San Francisco Startups

#152
post #5

TL;DR: The investments are moving from the city proper to South Bay over the last 2-3 years. Mostly a good writeup backed by sufficient data points. If I may anecdotally share my observations, of the handful of people that I personally know who have founded Startups in 2016 and 2017 -- all of them are in their late 30s, and have dependents (spouse, children, pets). All of them currently live on the peninsula or in th…

Didn't Silicon Valley _start_ in the South Bay?

Sounds like things are just moving back to where they started. In the long run, SF was just a passing fad I guess.

Re: The Decline of Investment in San Francisco Startups

#153
post #119

Earlier quoted context omitted.

npm and uber are in Oakland. Edit per comment below: uber Oakland office was going to 3000 people, but yeah, now it's been reduced to a few hundred: http://www.mercurynews.com/2017/03/20/uber-scales-back-initi...

Uber is in SF, Palo Alto and Seattle, oak office is very small and hasn't opened yet.

Looks like they reduced it. Thanks for heads up, have edited accordingly.

Re: The Decline of Investment in San Francisco Startups

#154
post #112

Earlier quoted context omitted.

> Which ones would that be? Oh, I did not imply that there are any, just that the only largish applications besides games and "experiences" are probably fancy vanity applications for businesses.

It seems like a smart space to try to develop something for. On the business side though, most of what I've seen are flashy and would probably get used less than a dozen times before being ditched for being to cumbersome.

Actually just had a meeting with a company that develops VR experiences for events/product demos/etc. I'm still on the fence whether it's useful or a gimmick though.

Re: The Decline of Investment in San Francisco Startups

#155
post #109

Earlier quoted context omitted.

There are massive swaths of the US with much cheaper living than SF and better infrastructure, markets, and basic rights than Russia, China, or Brazil.

And very few people. So, this works only if you develop apps or a cloud service.

Overland Park, KS is rapidly becoming a tech hub, and it has both a six-figure population (and over 2M in the metro area) and a low cost of living.

If you're not familiar with the name, it's a suburb of Kansas City.

Re: The Decline of Investment in San Francisco Startups

#156

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.

Just want to point out that Detroit built itself this way through the 1950's and 1960's. At the time, urban planners thought it would be efficient and sensible design. What ended up happening, though, is that as factories shuttered, the neighborhoods that were built around them started to collapse. The net result was pockets of localized decay, that eventually led to the entire urban area rotting as more people left.…

Some other reasons why Detroit collapsed: - Imposing a city income tax whereas neighboring suburbs did not. - Corrupt and short sighted city management - Crippling bureaucracy and union jobs in city government (as of 2012, the water department employed a horseshoer even though the had no horses--I think this position has been done away with now though) "The city pays $29,245 in salary and about $27,000 in benefits for the horseshoer position." https://www.michigancapitolconfidential.com/17404 - Lack of density - Flight from the city -- caused by variety of factors that include taxes and racial reasons

Re: The Decline of Investment in San Francisco Startups

#157

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…

Four large apartment buildings in the East Bay have been burned by arsonists (likely the same one or group) in the last year. One in Uptown a few weeks ago. One, in Emmeryville was burned down twice.

I agree, we need to build more housing. It seems it's not quite that simple, though.

Re: The Decline of Investment in San Francisco Startups

#158
post #61

What are the best alternatives to the Bay Area? Off the top of my head I'm thinking Portland, Seattle, Boston, Austin and Chicago in no particular order. The annoying part is that there's so much talent concentrated in the Bay Area that it makes going elsewhere very difficult, especially if you have specific senior talent in mind that have already established their lives there. Hopefully telepresence tech gets so goo…

NYC? It's not as expensive as people say, especially if you have a tech salary (which is about twice the median household income). If you have a family I think that changes things, though.

Re: The Decline of Investment in San Francisco Startups

#159

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…

Bigscreen is the closest I've seen to working on this.

Re: The Decline of Investment in San Francisco Startups

#160

Earlier quoted context omitted.

How do you know they're uneducated?

Perhaps they mean "uneducated in riding public transport in a way that doesn't hassle other passengers."

Anecdotal I know but from what I've seen they probably know they should put their backpacks in front, they just don't care. I went to a museum once where patrons were asked to either wear their backpacks in front of them or lock them up near the entrance. Literally almost everyone disregarded those instructions and put their backpacks on their back despite being asked directly multiple times to put their backpacks in front. They would for a quick second then move them to their back once the museum staff looked away. It was a real eye opener on people's self centeredness.
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