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Stripe to move to South San Francisco

sfchronicle.com

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Re: Stripe to move to South San Francisco

#251

Post by seehafer »

dominotw wrote: post #164
kevingadd wrote: post #146

Earlier quoted context omitted.

Both things can be true: NIMBYs are contributing to skyrocketing housing prices (and thus a growth in homelessness), AND essential city/county/state services require tax dollars. I can think of plenty of things that SF locals complain about when I talk to them that would be mitigated by more tax dollars spent by the appropriate agencies. If your argument is that SF local government is a black hole that spends 0% of i…

> NIMBYs are contributing to skyrocketing housing prices (and thus a growth in homelessness) My impression was that the homeless there cannot afford a home at any price due to life circumstances.

Yes but let’s assume we built free or nearly free housing. We can’t even do that in SF with any speed.

Re: Stripe to move to South San Francisco

#252

Post by outside1234 »

Keloo wrote: post #220
tshaddox wrote: post #109

Earlier quoted context omitted.

When people say “homeless are everywhere” regarding SF, they’re probably referring to the extremely troubled people who are conspicuously doing drugs or screaming incoherently on the streets. I don’t think those people would suddenly be fine if only the SF apartments were $500 a month instead of $3000. Of course, there are a lot more homeless people in SF than the very conspicuously unwell people I mentioned. There a…

I'm not from US and I'm not very informed about the homeless problem. But I wonder why homeless people don't move to another city. If I'd be in their situation (living in a city where I can not afford to rent a house and live a normal life) I'd go to another city where with a regular job I can afford a normal life and just build my life there. Sorry if it's a stupid question.

They get free services in San Francisco that they wouldn't in other cities. Also, many of the folks on the street during the day are actually housed, in public housing, and leave to do drugs since they will loose their housing if they do drugs at home.

Re: Stripe to move to South San Francisco

#253

Post by baby »

rayiner wrote: post #128
baby wrote: post #85

Earlier quoted context omitted.

It’s a national issue and SF is a symptom. Instead of pushing for healthcare, housing, more aids, and so on, people are just blaming it on mental health.

It’s not “national issue.” Aid and housing are local issues. San Francisco and California in general have much worse homelessness problems than many other places in the country. (For example, Mississippi has one of the lowest homelessness rates in the country.)

I used to live in Chicago and it’s huge problem there too. It’s national.

Re: Stripe to move to South San Francisco

#254

Post by BetaDeltaAlpha »

driverdan wrote: post #204
nickv wrote: post #195

Earlier quoted context omitted.

Except its going to be 84 and sunny today. Summers are brutal but the rest of the year is pretty nice.

> Summers are brutal Summers in the bay area are not even remotely brutal.

84º days are brutal once you're acclimatized to 68º summers, especially in a city built for a cold windy climate.

Re: Stripe to move to South San Francisco

#255

Post by chrisdhoover »

dawg- wrote: post #149

I am not in the bay area, in fact I've never even been to the West Coast. So I am going to ask what may seem like a stupid question to some of you. I mean this in as polite a way as possible, but why wouldn't established companies like Stripe just fuck off to another city entirely? It's a successful company with a great product - that I'm sure many people would like to work for. They could surely lure talent from the…

Companies are. Whole industries have left Frisco. The void was replaced by tech but tech too will leave.

Re: Stripe to move to South San Francisco

#256

Post by chrisdhoover »

kasey_junk wrote: post #151
dawg- wrote: post #149

I am not in the bay area, in fact I've never even been to the West Coast. So I am going to ask what may seem like a stupid question to some of you. I mean this in as polite a way as possible, but why wouldn't established companies like Stripe just fuck off to another city entirely? It's a successful company with a great product - that I'm sure many people would like to work for. They could surely lure talent from the…

Stripe has offices in lots of places. But they also have their existing employees in San Francisco. Fucking off to another city is functionally equivalent to laying off half the company.

Something companies will do to reset their salaries.

Re: Stripe to move to South San Francisco

#257

Post by drewolbrich »

deathanatos wrote: post #205
nickv wrote: post #195

Earlier quoted context omitted.

Except its going to be 84 and sunny today. Summers are brutal but the rest of the year is pretty nice.

I grew up in the South, and worked in the Bay Area for 9 years, 7 in SF. Summers is SF are most assuredly not brutal. Most of the microclimates in the Bay Area are disgustingly peaceful, but as the parent notes, there is a distinct lack of seasons (there's approximately two: dry summers, wet "winters") and real weather (I greatly missed thunderstorms when I was there).

In the Bay Area, we have two seasons, brown and green.

Re: Stripe to move to South San Francisco

#258

Post by skyyler »

ohduran wrote: post #188
titanomachy wrote: post #185

Earlier quoted context omitted.

I don't have data to back this up, except anecdotal, but I think spending a few years in SF, NY, or Seattle can boost your market value by a factor of 3-4. So it could still be worth it in the long run.

It's just my personal perspective, but... I'm still in awe of SV. I simply feel that the time to be there has passed, and I'm late to the party. So where's the party now? It's happening somewhere. Someone is building the next big thing and none of us know yet. The eternal struggle of trying to predict the future. Is Stripe's move a bad move? I guess that the execs are driven by the same fear of missing out what the f…

>So where's the party now?

Shenzhen.

Re: Stripe to move to South San Francisco

#259

Post by thorwasdfasdf »

dawg- wrote: post #149

I am not in the bay area, in fact I've never even been to the West Coast. So I am going to ask what may seem like a stupid question to some of you. I mean this in as polite a way as possible, but why wouldn't established companies like Stripe just fuck off to another city entirely? It's a successful company with a great product - that I'm sure many people would like to work for. They could surely lure talent from the…

this is a great question, I've always wondered it myself as well.

Re: Stripe to move to South San Francisco

#260

Post by darawk »

abalone wrote: post #118
darawk wrote: post #107

Earlier quoted context omitted.

Lol, what? San Francisco taxes revenue of businesses that are there? I had to google it to check because I couldn't believe a city would actually do something that stupid. But it seems its real: https://sftreasurer.org/business/taxes-fees/gross-receipts-t... This is just....staggeringly stupid. It just penalizes low margin businesses, for no reason. How can anyone possibly think this is a good idea?

> This is just....staggeringly stupid. It just penalizes low margin businesses, for no reason. How can anyone possibly think this is a good idea? You might want to ask sf.citi, the SF tech industry lobbying group who came up with it in 2012. Here's a video of Jack Dorsey campaigning for the gross receipts tax as CEO of Square. [1] The argument then, of course, was that we shouldn't tax early stage pre-revenue tech co…

I mean, taxing payroll is just as stupid. You tax net income, because it's normalized across businesses. Taxing payroll or revenue is just economic nonsense.
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