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Oh yeah everyone that hates him went to Threads, right?
Twitter kills its San Francisco headquarters, will relocate to South Bay
191–200 of 1001 posts
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#192Earlier quoted context omitted.
> San Francisco has an odd tolerance for the tent communities When I visited SF for the first time in 2019, it felt really weird that such a rich place would have so many people living in tents in public spaces. Being naive, I saw dozens of tents in Sue Bierman Park and thought they were having an event or something. Then it dawned on me what I was seeing and it never made sense because certainly it doesn't take a lo…
I don't think it's a resource allocation issue. SF government alone spends almost a billion a year[1] on trying to improve the situation. That's not including the non-profit spending. Money won't buy the city out of this situation as long as there exist people who don't want to live in homes and play by the rules. 1: https://hsh.sfgov.org/about/budget/
Seems you need to evaluate the effectiveness of that spending to conclude that it can't be a resource allocation issue.
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#193Twitter was given a famously sweet deal by the city to occupy that troubled stretch of Market St. In the time I lived nearby (until the pandemic) the area never really improved. San Francisco has an odd tolerance for the tent communities, no just that it largely allows them, but that it allows them in and around the busiest and most publicly-utilized transit hubs and the city center.
> San Francisco has an odd tolerance for the tent communities When I visited SF for the first time in 2019, it felt really weird that such a rich place would have so many people living in tents in public spaces. Being naive, I saw dozens of tents in Sue Bierman Park and thought they were having an event or something. Then it dawned on me what I was seeing and it never made sense because certainly it doesn't take a lo…
I think it's mainly corruption. A significant amount of budget (hundreds of millions) is allocated to "deal" with homelessness in SF, so efforts to actually solve the problem are going to face significant challenges from existing beneficiaries.
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#194As a UK chap, can someone give me their opinion on if San Jose is a more pleasant place to live than San Fran these days?
Both are quite boring mid-size cities that are heavily overpriced for what they offer. SF is more exciting/prettier yet less safe than SJ.
The 17th largest city in the US is mid-sized?
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#195Earlier quoted context omitted.
The ads may pay for the servers and reduced headcount[1], but there is no way that they pay for servicing the $10B of high-interest debt that the company was saddled with. [1] Though with the NYT reporting that the American ad revenues was down 80% to $114M/quarter since the acquisition it might not be so obvious.
Yes, the debt weighs heavily around their neck. If it eventually ends up in bankruptcy, will Elon Musk lose control of his beloved x.com domain name for the second time?
I would imagine that it was set up so that it is rented from Musk (instead of owning* outright), but it's Musk so who knows.
* I know it's still not owned owned but there is still a legal difference between X Corp directly renting x.com (from Verisign) versus leasing x.com by a different owner (maybe Musk, maybe a holding corp) to X Corp.
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#196I'm puzzled by this move. The more and more I read about a business being political the less I want to support it.
I have been a long time twitter user for 15 years (some years daily and some years weekly) and I just made a threads account.
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#197Twitter was given a famously sweet deal by the city to occupy that troubled stretch of Market St. In the time I lived nearby (until the pandemic) the area never really improved. San Francisco has an odd tolerance for the tent communities, no just that it largely allows them, but that it allows them in and around the busiest and most publicly-utilized transit hubs and the city center.
It allows them because of a court case that said they can't take them down unless they can provide shelter, and they've refused to build enough shelter space. The supreme court invalidated that decision, and so now they are allowed to tear the tent cities down again without having to actually find people shelter space. I imagine a lot of these encampments are going to be torn down (which will just cause them to reloc…
Mostly agree, but there are few places no one cares. The pattern is generally that they just get chased around from one place to another, forever.
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#198Yet another petty tyrant rants. In this time of cult of personality how is that newsworthy or unexpected? But this is "fortune.com", a corporate rag, so perhaps it is interesting to them.
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#199Earlier quoted context omitted.
They've already cut about 80% of their workforce since Elon took over, I'm not sure how much more attrition they can take. Sure the site still mostly works in the technical sense, but the way it works now has led to a significant decline in revenue and active users.
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> Who cares?
> They should know better and the best have already left or been culled.
We should care, even if it's just a little. Some of them may not be able to leave for various reasons: health, family, immigration status, who knows.
Maybe if more of us showed a bit more empathy towards each other online, the Internet wouldn't be such a sociopathic cesspool. These are real people you're talking about, not inanimate objects.
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#200It’s been a while since we had sf offices, but back when we did sf had a pretty aggressive additional payroll tax and gross receipts taxes. I’d imagine this is likely a factor in the decision. I know for a while they were waiving some of these taxes for companies who set up offices in certain parts of the city. E.g. zendesk got a big tax break for its market street location near the tenderloin. As for commutes, I’d b…
during one visit to those Zendesk offices an urgent slack message (verily) was sent out advising everyone to get away from the windows, as there was shooting outside. About 10 minutes later also via Slack the CEO announced not to worry it was simply one drug dealer shooting another drug dealer in the back. Everyone could return to their desks. I never understood why the company would put its employees in danger until…
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