Google is buying Chelsea Market building for over $2B

Post by SFLemonade » Thu, Feb 08, 2018, 10:48 PM UTC

ghaff wrote: post #181

SFLemonade wrote: post #128

Earlier quoted context omitted.

Definitely. But there's also been very little investment into remote work, both from a research and infrastructure perspective. I just wonder, if they were to take some of this cash and invest it into proving out remote work, would it turn out to be a better long term investment? In most of the cases that I've observed, companies enter into remote work literally by just letting their employees start working remotely.…

Another point that I’m not sure gets much attention is that, as these companies build huge campuses and spread out to multiple locations across a region, how co-located are employees anyway? Sure you can move people around to be with primary teams but it’s certainly not like everyone can pop over to talk with someone or can depend on a lot of serendipitous hallway conversations.

Post by matt4077 » Thu, Feb 08, 2018, 10:52 PM UTC

ionforce wrote: post #98

zephraph wrote: post #51

Earlier quoted context omitted.

Unfortunately that Thai place closed due to the rising cost of rent in the building. I work in the Food Network office in CM. For now, heh.

> I work in the Food Network office in CM. Doing something software/tech related?

Post by mandeepj » Thu, Feb 08, 2018, 11:16 PM UTC

matt4077 wrote: post #191

RestlessMind wrote: post #108

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It also means it is a great time to be able to produce value and be in control of its distribution (eg. start your startup and control the equity). People with lots of money are hungry for yields and will push your valuation higher and higher. See: cryptocurrencies (bitcoin etc) or sharing economy startups (uber, airbnb etc)

Yeah, Uber is perfect example of the superiority of startup founders to run later-stage companies. Can't wait to see where Kalanick takes it next. Edit: Now I'm wondering if I'm being downvoted by those who don't get the sarcasm, or by Kalanick himself.

Post by jackgolding » Thu, Feb 08, 2018, 11:27 PM UTC

RestlessMind wrote: post #108

aresant wrote: post #82

This is such a fascinating cycle. Large pensions & sovereign wealth funds are so desperate for yield vs. low treasuries that they have pushed income producing commercial real estate values to all time highs. As a result these fund managers are then forced to take on larger risks to cover their liabilities by making larger portfolio allocations into public techs like Google, and privates like AirBNB & Uber. And this d…

It also means it is a great time to be able to produce value and be in control of its distribution (eg. start your startup and control the equity). People with lots of money are hungry for yields and will push your valuation higher and higher. See: cryptocurrencies (bitcoin etc) or sharing economy startups (uber, airbnb etc)

Post by cmrdporcupine » Thu, Feb 08, 2018, 11:33 PM UTC

52-6F-62 wrote: post #174

cmrdporcupine wrote: post #159

Earlier quoted context omitted.

As a Google Waterloo employee I personally think much of the food at Google NYC is better, maybe the best I've had at Google. Not all of it, but some. There are certainly more options, as we have only one cafe here but there are many in NYC. But I haven't been there in 5 years, so I can't say that with certainty, things may have changed.

They had an enclosure containing an environment for growing micro greens you could pick yourself. lol. It wasn't for us I/O'ers, though. I was impressed, but maybe I haven't been spoiled yet. They did just have the one cafeteria when I was there, but I wouldn't talk it down. Waterloo isn't that large of an office, relatively speaking. I wouldn't be surprised that the NYC location is slaying Kitchener/Waterloo. I'd ho…