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Silicon Valley is changing, and its lead over other tech hubs narrowing

economist.com

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Re: Silicon Valley is changing, and its lead over other tech hubs narrowing

#51

another major part of the problem is the entitled, defocused employee culture in silicon valley. generated by the fact that crazy talent competition ensures employees have a huge safety net in the form of big tech. i raise capital in silicon valley. but i do not want to hire people there. i hire amazing engineers in russia at a fraction of the cost and they: - are loyal instead of jumping to new shiny stuff at every…

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Re: Silicon Valley is changing, and its lead over other tech hubs narrowing

#52
post #24
post #23

Earlier quoted context omitted.

I'm not the original poster, but I'll respond (disclaimer: I'm a single male, about to turn 30 in a few months, who lives near Silicon Valley): 1. Single men vastly outnumber single women in Silicon Valley due to the unfortunate gender demographics of the tech industry, making for a very competitive dating environment for single men. 2. Due to the Bay Area's high housing prices, single people living in the Bay Area w…

Your point #4 will be magnified to the extreme in Tokyo.

That’s true but he’ll be much, much more of a rarity in Tokyo. Trust me there are girls who have a thing for Americans and there are girls who have a thing for black guys and they have limited options. I sincerely doubt Tokyo is worse than Shanghai for xenophobia or racism and all the black guys I know here are dating or married to Chinese girls.

Re: Silicon Valley is changing, and its lead over other tech hubs narrowing

#53
post #22

I think this is fairly mistaken. As a share of the tech economy, SV is almost certainly declining. That's to be expected and embraced as labor economics evolve. That doesn't for a moment mean that northern California isn't still the place with the maximum idea flow. Three major things in SV that aren't declining: a) Intelligent risk capital being deployed by scientists and engineers, not MBAs b) Stanford c) Ambitious…

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Re: Silicon Valley is changing, and its lead over other tech hubs narrowing

#54

another major part of the problem is the entitled, defocused employee culture in silicon valley. generated by the fact that crazy talent competition ensures employees have a huge safety net in the form of big tech. i raise capital in silicon valley. but i do not want to hire people there. i hire amazing engineers in russia at a fraction of the cost and they: - are loyal instead of jumping to new shiny stuff at every…

This is exactly why I left a quantitative trading company in NYC and moved to Poland for software engineering talent. This certainly baffled my coworkers. More and more companies will eventually recognize the talent abroad is how you want to supply your business, while the market demand you want will still remain in the U.S.

Market demand isnt going to remain in the USA if most jobs get shipped overseas

Re: Silicon Valley is changing, and its lead over other tech hubs narrowing

#55

another major part of the problem is the entitled, defocused employee culture in silicon valley. generated by the fact that crazy talent competition ensures employees have a huge safety net in the form of big tech. i raise capital in silicon valley. but i do not want to hire people there. i hire amazing engineers in russia at a fraction of the cost and they: - are loyal instead of jumping to new shiny stuff at every…

This is exactly why I left a quantitative trading company in NYC and moved to Poland for software engineering talent. This certainly baffled my coworkers. More and more companies will eventually recognize the talent abroad is how you want to supply your business, while the market demand you want will still remain in the U.S.

How about someplace in the USA that isn’t SV or NYC?

Re: Silicon Valley is changing, and its lead over other tech hubs narrowing

#56

another major part of the problem is the entitled, defocused employee culture in silicon valley. generated by the fact that crazy talent competition ensures employees have a huge safety net in the form of big tech. i raise capital in silicon valley. but i do not want to hire people there. i hire amazing engineers in russia at a fraction of the cost and they: - are loyal instead of jumping to new shiny stuff at every…

I hate when the serfs get uppity too

Re: Silicon Valley is changing, and its lead over other tech hubs narrowing

#57
I read the article, but I can't see how the title is supported.

What is for example, the second largest tech hub and how narrow is silicon valley's lead over it.

I would guess that the bay area if way way ahead of anywhere else (I don't like it, but it seems to be self apparent) and the lead is not narrow at all.

Re: Silicon Valley is changing, and its lead over other tech hubs narrowing

#58
"Alameda and San Francisco counties also are seeing slower population growth. Existing residents left the region at their highest levels in seven years in 2017. International in-migration is compensating for the departures."

[1] http://www.siliconvalleyoneworld.com/2018/03/25/new-census-d...

Re: Silicon Valley is changing, and its lead over other tech hubs narrowing

#59

another major part of the problem is the entitled, defocused employee culture in silicon valley. generated by the fact that crazy talent competition ensures employees have a huge safety net in the form of big tech. i raise capital in silicon valley. but i do not want to hire people there. i hire amazing engineers in russia at a fraction of the cost and they: - are loyal instead of jumping to new shiny stuff at every…

(I'm not in SV.) I'm pretty well paid as a software developer, and I feel fortunate to be so. But there's a very plain fact that, without another salary, I wouldn't be able to raise a family in the city where I work. Why should that be considered "entitlement"? The salary that seems high on paper, on the ground is really just reasonable compared to the cost of living.

Re: Silicon Valley is changing, and its lead over other tech hubs narrowing

#60

another major part of the problem is the entitled, defocused employee culture in silicon valley. generated by the fact that crazy talent competition ensures employees have a huge safety net in the form of big tech. i raise capital in silicon valley. but i do not want to hire people there. i hire amazing engineers in russia at a fraction of the cost and they: - are loyal instead of jumping to new shiny stuff at every…

are loyal instead of jumping to new shiny stuff at every opportunity. - have skin in the game Why do companies expect “loyalty” beyond the employer gives the employee a paycheck and the employee works X number of hours per week, doesn’t try to compete with the employer while at the company, and doesn’t steal IP? Does the employee have an ownership stake in the company? If not, the only “skin in the game” they have is…

Because Serge feels entitled to the dominant bargaining position he has in Russia and wants to cast the workforce empowerment in SF as a failure of employee character rather than as an employee victory.

The alternative is to admit that he's taking advantage of his employees because he can. Rationalization is much easier.

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