Earlier quoted context omitted.
Unless you are a political junky reading news all day - what practically speaking is so intolerable about living there or your neighbors?
I grew up in a small town in the Ozarks and there was a huge amount of fundamentalist Christian propaganda and social conditioning going on in the public school system. The high school principal passed out bibles, prayer was held before many sports practices or events, recruiters/councilors for Christian youth groups sat with the students at the cafeteria at lunch, etc. Some of the science teachers taught science wel…
Tech elites leaving San Francisco threaten Silicon Valley's supremacy
271–280 of 1001 posts
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#272Earlier quoted context omitted.
Yeah, I've had some friends leave (to CO and DC), but I'm skeptical of companies and VCs leaving. For a kind of funny example, there was an episode of the all-in podcast (mostly a podcast of successful VCs) where they talked about SV politics and leaving. The irony was while they talked about CA politics to an absurd degree ("worst run state in US", etc.) when they asked each other if they were planning on leaving al…
>> Yeah, I've had some friends leave (to CO and DC), but I'm skeptical of companies and VCs leaving. >> I have had older friends leave to have a family. They went to Santa Cruz, Seattle, Denver, DC, and Austin. It's a shame. The ones that stayed either are very rich where a $5M house is not an issue, or they still live with three roommates and rent without kids. Just wait until they look for interesting jobs and get…
You can always move back after you vest and sell.
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#273Note that I have no evidence to support this hypothesis, and I would love if someone would prove me wrong, but I suspect the following: - The "Tech Elite" who are leaving are, by definition, the ones who have the financial freedom to go pretty much wherever they want. Anyone mentioned in this article could buy a house in Miami/Austin/Denver without worrying about any transaction costs if they turn around and sell it…
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#274Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#275Earlier quoted context omitted.
San Diego and Los Angeles offer much better weather.
Especially on the coast. 100% agree. I've had months and months of continuous rain in the Bay, something I never witnessed when living down South. It's cheaper too. Much much much MUCH more diverse. And food's better as is the landscape.
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#276Earlier quoted context omitted.
I think you just proved their point.
Not only that, but he himself left California for Austin. He's in the set of people he's complaining about. [Edit: Apparently not Austin, but some other place - point still stands]
Very typical of a Palo Alto resident to think the only problem with California is prop-13 or some obscure housing policy or whatever. You can't even breathe the goddamned air in your utopia, the tax rate makes France look reasonable, the highways are designed for 1/4 the population density, the power outages are Zimbabwe tier, riots over ... people saying things, and you think a housing policy adjustment is gonna make it all better? Maybe you should try leaving your $4m bungalo bubble once in a while? Actually, no, stay right there. Enjoy it; you earned it.
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#277Tech in SFBA reminds me of the Resource curse ( https://en.wikipedia.org/wiki/Resource_curse ). SFBA did nothing special to attract the wealth of technology companies, they effectively got lucky with Shockley/Fairchild/Traitorous 8 and the boom in technology that followed. It seems the local gov't have squandered an opportunity to truly capitalize on the gift they were given, and perhaps even done their best to jeopa…
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.
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#278Earlier quoted context omitted.
>> and still come out ahead financially. Ya. Earning a SF wage but living elsewhere is great. But there is a flip side to this coin. As employees realize they can work from home, employers also realize they can have employees work from home. They will soon realize they don't need to pay SF wages. Those who convert their in-office jobs into work-from-home are a covid oddity. Those who will be hired in the future on th…
We’ve been trying to hire these people for ages locally and remotely and we still couldn’t find them so I have no idea where you think all the talent was hiding until covid 19.
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#279This 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.
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#280Earlier quoted context omitted.
Come on: there’s a beautiful A/B test you can consult: in the 50s, 60s, and 70s, Boston’s route 128 was the “Silicon Valley” of its time. The US poured even more money into it than they did the Bay Area. Yet which grew and which stagnated?
I think THE major difference was enforcement of noncompetes (as well as those as a proxy for a slew of similar regulatory differences). Financial resources went to route 128 because of a more corporate-friendly regulatory climate. Innovation came from Silicon Valley because of a more innovation-friendly regulatory climate. Guess which won out? US reached economic supremacy in part due to a weaker IP scheme than Europ…
For a long time, Route 128 did largely win out, semiconductors in SV notwithstanding. The lead in computer-related technology did tend to shift to California with the shift to microcomputers. Although it's not clear that was in any way inevitable. (After all, Compaq was in Texas.)