DHH talked about lifestyle at Startup camp, and lifestyle is the key reason to want to be in San Francisco. It is simply a great City to live in with the added benefit that almost any escape to the natural world, like skiiing, sailing, etc etc, is immediately available. The downside is some added cost, but the costs here are comparable to Southbay locations and other major Cities. So if you want to build a sustainabl…
Give me a break. I lived in San Francisco for a bunch of years, starting after my first company got bought out --- I've experienced the city both totally flush with cash and living paycheck to paycheck. Allow me to retort: * Public transportation in the Bay Area is a shambles, and, in particular, getting between any two points in the (tiny) city of San Francisco involves interaction with the worst bus system in the c…
There is also very expensive housing (second after manhatan), and potential of earthquakes, but compare to Boston and most of the South is much much better.
And I agree, transportation is kinda sucky. I find myself using a car, even within the city.
BTW, not everybody works in Southbay or peninsula. I actually do work in emeryville (east bay), and the commute is about 25-35 mins, depending on traffic.
But, also many young startups are choosing SF and not peninsula to start up. The problem to find cheaper place will come only when the startup grows a lot, and you really need a lot of space.