71–80 of 124 posts
Almost every big tech IPO of 2019 (Uber, Lyft, Pinterest, Slack, Postmates, Airbnb, Instacart) is headquartered in SF. It's undeniable that the center of silicon valley is slowly shifting north.
Pretty sure Instacart hasn't had any rumblings about IPO just yet...
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The more expensive, the better it works as a signaling mechanism.
I work for a start-up with offices in Sunnyvale, California. Our staff is mature people who have done this before and want the best place to establish an office and work. None of us would dream of living or working in San Francisco. We all live and work in and around Sunnyvale, Mountain View, Santa Clara, etc. For a mostly-hype startup staffed by kids fresh from Stanford, Harvard, and MIT, I suppose the flashier the…
I was recently grabbing dinner with a group of CEOs and the unanimous sentiment was that they would never take money from a16z (3 founders had already and one other had a terrible experience with them during the pitch). It seemed to come down to how combative and unhelpful the partners were. I am sharing because it was a bit of a surprise to me (bootstrapped) and I think it’s important to share insight into VCs—-ther…
I think the millennials are settling into better jobs like Google and Facebook and the younger people are flocking to startups. That might be the reason why startups are now focusing on SF rather than SJ area.
I thought Gen Z was just entering college? They're in the job market already?
The Millenial generation really has three sub-generations: Xennials (1981-1986, distinguished because they can a. remember the Cold War and b. graduated into a decent economy, so they don't have the economic despair of the rest of Millenial generation), older Millenials (1987-1992, these are the folks who were totally fucked over by the Great Recession), and younger Millenials (1991-2000, young enough that they could actually adapt to the post-2009 economic conditions and make life-choices accordingly). Almost all Millenial billionaires are actually Xennials: Mark Zuckerburg, Brian Chesky, Drew Houston, Kevin Systrom, Mary Kate & Ashley Olsen, et al. The older Millenials are who people usually think of as "Millenials" (grew up expecting a lot, graduated when not a lot was to be found). There's a marked difference in behavior with young Millenials: they are much more studious, much more career-focused, more of them went into STEM careers, they're the ones driving the FIRE & cryptocurrency movements, etc.
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I thought Gen Z was just entering college? They're in the job market already?
Yes, Gen Z (whatever they're called - I've heard "Homelanders" and "iPod generation", neither of which really feels right) is just entering college. The people entering the workforce now are younger Millenials. The Millenial generation really has three sub-generations: Xennials (1981-1986, distinguished because they can a. remember the Cold War and b. graduated into a decent economy, so they don't have the economic d…
Also, this group of xennials might not have graduated in a good economy (i.e. around 2001)
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Have any of those companies gone public yet? While I believe there is a shift north, I also believe a lot of the newer companies won't exist in 5 years. I guess I feel SF is still a lot more ephemeral than its southern neighbors.
Twitter, Atlassian, Eventbrite, Okta & Dropbox, are all pubic & in SF. Facebook, Google, Microsoft (Github) have a sizeable SF presence.
RIP Say Media (/ Six Apart / Videoegg). We used to work in that building.
Did Say Media finally kick the bucket? I remember around four or five years ago they stopped paying publishers and had to make payments with a cash flow injection. Hundreds of thousands later they made everyone whole, but damn. Specialized ad industry did not treat them well.
Say's web site, incidentally, now lists their SF office as 442 Post Street, Suite 901. From their job listings, I get the impression that most of the action is in the NYC and the Portland offices now, though.
In the article about Sam Altman stepping down, it mentioned that YC was moving to the city as well. I guess the center of the universe is less and less actually SV.
I think the center of SV is becoming SF actually.
BART never made it to the peninsula and electrification of Caltrain is taking its sweet time. The only remaining option seems for everyone to crowd into SF :/.