I just spent the week in San Jose and I marveled at the ocean of vacant office space. I find it hard to believe that Sam is only now coming to this conclusion.
That’s weird: what disincentives offset the cheaper cost of commercial space?
Sam Altman: Bay Area is no longer the obvious place for startups
41–50 of 263 posts
Re: Sam Altman: Bay Area is no longer the obvious place for startups
#42Earlier quoted context omitted.
A coworking space stipend perhaps?
This works if your remote team members live close to each other. Which is possible for some teams but doesn’t apply universally
Re: Sam Altman: Bay Area is no longer the obvious place for startups
#43And 50% of people living in SF want to leave https://sf.curbed.com/2019/2/20/18233498/poll-2019-leaving-s...
Then why dont they? Or are there 2 people willing to take the place of every person leaving?
Re: Sam Altman: Bay Area is no longer the obvious place for startups
#44I see a bright future for products and services focused on remote team management
Re: Sam Altman: Bay Area is no longer the obvious place for startups
#45Re: Sam Altman: Bay Area is no longer the obvious place for startups
#46Re: Sam Altman: Bay Area is no longer the obvious place for startups
#47I see that myself. And I mean this as absolutely no offense to anyone in the area. I've met incredibly intelligent people there, among the best. Though, I believe the very best are distributed throughout the world, and command the ability not to move. All that said, first, well, the silicon part is all but gone. I find the signal to noise ratio pretty low. For every 10x developer, there are 50 people who did a bootca…
That is only one aspect and I think a minor one. What made silicon valley is access to capital, proximity to stanford and a feedback loop of successful entrepreneurs using their experience to create the next generation of successful entrepreneurs
Re: Sam Altman: Bay Area is no longer the obvious place for startups
#48And 50% of people living in SF want to leave https://sf.curbed.com/2019/2/20/18233498/poll-2019-leaving-s...
Then why dont they? Or are there 2 people willing to take the place of every person leaving?
I've strongly considered it myself.
Re: Sam Altman: Bay Area is no longer the obvious place for startups
#49Earlier quoted context omitted.
That is only one aspect and I think a minor one. What made silicon valley is access to capital, proximity to stanford and a feedback loop of successful entrepreneurs using their experience to create the next generation of successful entrepreneurs
All of which can (and have) been emulated in places like New York.
Re: Sam Altman: Bay Area is no longer the obvious place for startups
#50I think it’s important for anyone getting to this page to read his whole thread, which is more nuanced than suggested by the sensational title. The point he seems to be making is that it’s better for startups that aren’t looking at being unicorns to look at other locations where they might have a better chance of success.