Earlier quoted context omitted.
Maybe i am too, but I can't figure out how SF is "giving" [the companies] wealth? Said companies are earning their own wealth. SF is not "giving" it to them, I'm sure. Let's say you were going to lease storage (physical) and outfit A had a flat fee of 50/mo. Outfit B had a flat fee of 70/mo plus appreciation on the goods you stored. Let's say 20/mo difference had negligible impact on your disposable income. Who would…
I might choose the one that is closer to me, or closer to where I would want to use the stored items. I might choose the one that also offers a parcel reception service. I might choose the one that has better security - some storage outfits are just a single room separated into lots by loose cardboard. I might choose the one with greater hours of access. One day people will get that there is far more to 'value' than…
Exactly. I could count on two hands the number of places I'd be willing to live (unless you were paying me truly obscene amounts of money and doing incredibly interesting work). Proper cities with good public transport and fun things going on. In a country where I speak at least a bit of the language.
Quality of life is not something to be ignored; requiring employees to live elsewhere or make long commutes is a big deal. When you're a startup looking for younger employees and fostering that kind of culture, location is vitally important.