Live data from Hacker News

Tech elites leaving San Francisco threaten Silicon Valley's supremacy

businessinsider.com

191–200 of 1001 posts

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#191

Earlier quoted context omitted.

I always answer: fuck off; we're full. California, particularly Bay Area California is so ridiculously dysfunctional, the last thing any region needs is their refugees, who will bring with them the problems they're fleeing. Austin for example. Used to be a great place.

That’s a ridiculous take. There’s a lot of technical talent trapped in the Bay Area and I welcome it in my region. Treating every resident as if they agree with the repressive SF politics is over generalizing. And who’s full? The main thing the flyover states need is more people.

> And who’s full? The main thing the flyover states need is more people.

According to whom? People like you who have unsustainable views about growth and the economy? Hard pass.

Stay in your cesspool please. We don't need you. We don't want you.

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#192
post #37

This is what happens when a city neglects basic quality of life issues, and allows petty crime to thrive. It happened to New York in the 1970's and took roughly three decades to recover from. Good luck, San Francisco.

That's a San Francisco issue, the South Bay is doing much better in that regard.

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#193
post #146

Earlier quoted context omitted.

That's a very rational take: all you need do is step in a puddle of human feces in Austin to understand why. Wasn't there even 5 years ago, until the Californians brought their unique brand of urban development there. The flyover states may need more people: nobody needs Bay Area people bringing their "enlightened" ways with them. Tech literate, rich or not. You guys made your paradise - live in it.

Don't forget that they bring their voting policies with them (e.g. voting for more taxes).

As if every Californian is the same politically.

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#194
post #67

Earlier quoted context omitted.

This is ridiculous. The Bay Area, specifically Stanford and Berkeley, contributed to the WWII tech research initiative and then afterwards, Terman made Stanford Research Park which led to Silicon Valley.

No one disputes that those events you cite happened. However, those events were essentially random, not caused by local efforts to stimulate industry. Because of them, the area was blessed/cursed with an excess of productivity that it didn't know how to cause. Now it's just coasting downhill, unable to maintain the altitude that it once had because it never knew how to (was never possible to?) build that altitude wit…

They were most certainly caused by local efforts in the 1950s. The reason the Silicon revolution happened in Silicon Valley had everything to do with Cold War radar systems. I suggest watching Steve Blank's Secret History of Silicon Valley to get a better historical perspective:

https://steveblank.com/secret-history/

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#195

Earlier quoted context omitted.

I agree, mostly. The bottom is still decently high even in Midwest cities. But if you’re making $140,000 + RSU/Bonus/Etc., someone from somewhere else will do that job remotely for $100,000 easy. But I would characterize this as a wealth distribution, and overall net positive for the country. People who don’t have the opportunities to work at the top companies in the Bay Area or NYC or Boston now have better access.…

>> wealth distribution At the moment that may be true but increasing the pool of potential labor rarely results in wealth distribution. I think companies will pay less. That money won't go to other hires as tech companies limit hiring for other reasons than money. The money will go to bottom lines, to stockholders: the opposite of wealth distribution.

A few thoughts:

1. Americans need to buy and hold equities. Period. When Google cuts costs or makes more money, I benefit as a shareholder (or you can hold total market indexes and the like).

2. Maybe the money will go to new hires, capabilities, expenditures, etc. ?

3. Sure, but this is certainly a good arguing point against immigration, population growth and H1-B visa programs and the like.

4. Increase taxes on the wealthy, etc.

One arguing point I'd like to make though is that if this doesn't result in wealth redistribution (companies will pay less and this is fine) should we all begin moving to a few cities?

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#196
post #87

Earlier quoted context omitted.

For me (in SF): climate that matches what I want perfectly. The option for snow or beaches on the same day. The food, the diversity, the grittiness, the jobs, the history. And all my family lives here, too. The biggest one of all: walkability, never having to get in my car unless I want to leave the city. Where did you end up moving that you found a better fit for yourself?

Northern Virginia about an Hour from DC. The only two things you miss in VA on your list is "grittiness" which is a negative for me, and walkability, which you could get if you go closer to DC.

[deleted]

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#197

Earlier quoted context omitted.

There is a place where you can have seasons, yet they are mild. And there is a reasonable cost of living, if you so choose. And it has public transportation, which is not ideal but better that many other US cities. And it has a huge number of software jobs, an educated populace, and culture. Washington, DC

Isn't D.C. really humid? It was built on a swamp, after all.

Yes, that's the one thing you can't minimize or bargain away.

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#198
post #58
post #36

Earlier quoted context omitted.

Imagine if someone openly blamed something on blacks. Just imagine.

Ya, imagine if someone like, accused the American voting system of being totally corrupt, without evidence and then specifically called out 3-4 of the largest majority Black population cities as being the root of corruption. And specifically called out all the poll workers (most of which are Black) in those cities as being corrupt cheaters. Just imagine the uproar. No one in their right mind would stand behind someon…

Being black doesn't make you immune to criticism and scrutiny.

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#199
post #63

Earlier quoted context omitted.

I did this and completely agree. I lived in the bay area since high school, more than two decades ago. Last year I finally moved away from it for good. Not far, just to the Greater Sacramento area. (I've been working remotely for a couple years, well before COVID) Qualify of life improvement is huge. Weather and cultural are important reasons for me to stay in California (plus family and friends), and I still get tha…

> real summers/not chilly I mean, it's not cold once you get outside of SF/San Bruno. If you're in the peninsula or south bay, it's really fucking hot during the summer. Uncomfortably hot because no one has AC and many of the homes don't have insulation still.

I think you built my case for me. Sac is consistently hot (90s every day for at least 4 months in the summer) and so, basically every house has AC. Many have solar panels (mine does) because of the available sunny days, for sustainability. It makes for a way easier summer than in bay where you get 2 weeks of dreadful summer (because no AC) and then the week after that is in the 60s-70s and you bring out the jackets again.

Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy

#200
post #114

Earlier quoted context omitted.

Yeah, I thought it was somewhat due to Stanford's handling of IP. The argument I heard was that if you're researching at Stanford and make a productizable discovery you can spin off a company no strings. I was at Cornell when I heard this, where any company built off on-campus research had to sign over 20% of the company up front. Makes those initial pitches to VC that much harder.

I don't think that's the case. I've anecdotally heard that Stanford does take some (possibly small) amount of equity. From the first paragraph of Stanford's patent policy[0]: > All potentially patentable inventions conceived or first reduced to practice in whole or in part by members of the faculty or staff (including student employees) of the University in the course of their University responsibilities or with more…

Yeah this is definitely false. In most cases you own 1/3 at Stanford. But Stanford supports entrepreneurship like nowhere else, in my experience.
Post reply on HN