As it happens, tomorrow I’m putting in my 30-day notice to terminate my lease and leave the Bay. (And I’m paying 2 additional months rent in fees to do so) Not being tied to the office fundamentally changes the calculus of choosing where to live. There just aren’t good reasons to live here anymore for so many of us. Even if you enjoy the area, chances are you can get a better deal by moving just a bit further away. A…
Tech elites leaving San Francisco threaten Silicon Valley's supremacy
431–440 of 1001 posts
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#432Earlier 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…
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#433Tech 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…
A local government is only as good as its people. It's people squandered it, though forcing egregious zoning regulations that's leading to the exodus. They claimed profits to the point where it damaged their ability to collect further profits.
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#434Earlier 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…
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.…
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#435Earlier quoted context omitted.
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.
I agree with this. I cannot find talented and senior folks who fill the niche of my team (deep understanding of Linux systems, containers, and operating distributed systems). There seem to be a lot of SWEs in the world and very few SREs, let alone vanilla systems administrators for hire who are really good. I think as an industry everyone is pushed towards software engineering and the large clouds have vacuumed up ev…
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#436Earlier quoted context omitted.
It's not that the schools are shit. They all have issues. Some get much better funding than others - clearly, but they're all leagues better than what you'd get in many rural parts of America. The issue is that the kids going to the "poor" schools are poor. Their home life is shit because they're frequently sharing a two bedroom apartment with another family. They're dealing with parents who are unable to afford a be…
> Their home life is shit because they're frequently sharing a two bedroom apartment with another family This sounds like a spoiled rich person talk: it's unimaginable how people manage to survive without a separate bedroom. And a private gardener, one should add. A mere hundred years ago having a room per family was considered to be okay. In USSR two generations living in the same one-bedroom apartment was a usual t…
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#437Earlier quoted context omitted.
That, I agree with. San Francisco should have built more housing to accommodate the growth. Though if people are leaving already, I can also see why developers might have been reluctant to bet too big on new construction.
> I can also see why developers might have been reluctant to bet too big on new construction Why would that be?
Surely many developers would have made the bet anyway, at least in 2010-2019, but going forward it'll be worth considering whether building housing for people who are likely to leave en masse is worth the risk.
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#438Earlier quoted context omitted.
I doubt it, software is eating the world, there aren't enough engineers and we see productivity gains like the cloud where you can basically run a global scale business with just a handful of people. We will probably see more of those companies than less.
when the work is remote we don’t need remote-california to save 10% on wages. we will go to remote-ukraine or estonia and hire twice as many engineers
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#439Earlier quoted context omitted.
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.
It seems that wages are a lot lower in lower cost of living areas. So what makes it that a developer in SF is much more expansive than the one in, let's say, Chicago? Or let's flip it around, move the same developer from Chicago to SF and they will suddenly make more money. I can only imagine that cost of living is the main factor. Naturally there will be a tiny minority of truly brilliant builders and engineers, but…
One is more likely to have more experience with startups/trendy new tech.
The other could probably work with it, but the other one already has.
Re: Tech elites leaving San Francisco threaten Silicon Valley's supremacy
#440As it happens, tomorrow I’m putting in my 30-day notice to terminate my lease and leave the Bay. (And I’m paying 2 additional months rent in fees to do so) Not being tied to the office fundamentally changes the calculus of choosing where to live. There just aren’t good reasons to live here anymore for so many of us. Even if you enjoy the area, chances are you can get a better deal by moving just a bit further away. A…
>> 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…
The reason they pay “SF wages” is because they can’t hire talent at other prices, not because of some goodness of the heart. While total talent pool might be slightly expanded with people who didn’t want to move to SF previously, overall it’s not going to be a big shift.