tldr: Guy comes to SF, figures it all out in a weekend, sees things that I've never seen living here like 'dozens of co-working facilities in 10 blocks'. Here's my take: The concentration of wealth here still pales to NYC area, Google, Apple, Facebook alone are giant money funnels from the whole world into this area, and there are more funnels being built every day. Not saying it will or should go up in a straight li…
No, it was a three day period in the middle of the week.
San Francisco Bubble
31–40 of 393 posts
Re: San Francisco Bubble
#32"There are thousands of dumb startups" This. Most of the blame is cast on the big companies (Twitter, Facebook etc) but the reality is that there are hundreds of smaller companies choosing SF and the valley in general. And again I say, until companies allow people to work from wherever this will be fueled more. Finding talent is getting ever more difficult already, if you expand your search area to the entire country…
Re: San Francisco Bubble
#33Money has been close to free for years. As the interest rate ticks up everything will change. It's already starting to. More expensive borrowing, less leverage, and better places to put dollars than venture. The one thing I really agree with though is the funny thing that happens here with the word "engineer". If you can make a website you somehow qualify for the title software engineer. By Bay Area standards, I myse…
I phone screened somebody not so long ago who asked me if it was the "kind of job where you have to write a lot of code", because they "weren't that sort of software engineer". Didn't quite know what to make of that.
Re: San Francisco Bubble
#34"There are thousands of dumb startups" This. Most of the blame is cast on the big companies (Twitter, Facebook etc) but the reality is that there are hundreds of smaller companies choosing SF and the valley in general. And again I say, until companies allow people to work from wherever this will be fueled more. Finding talent is getting ever more difficult already, if you expand your search area to the entire country…
They don't need talent. They need mindless drones to work from 10am to 9pm in cramped co-working spaces. There is nothing interesting or challenging about the "problems" these startups are "solving".
Re: San Francisco Bubble
#35Not withstanding everything else, I've lived in this town for years, and always found it easy to find a reasonably priced beer.
Re: San Francisco Bubble
#36Money has been close to free for years. As the interest rate ticks up everything will change. It's already starting to. More expensive borrowing, less leverage, and better places to put dollars than venture. The one thing I really agree with though is the funny thing that happens here with the word "engineer". If you can make a website you somehow qualify for the title software engineer. By Bay Area standards, I myse…
Re: San Francisco Bubble
#37https://www.beermenus.com/places/1609-rosamunde-sausage-gril...
Re: San Francisco Bubble
#38Not withstanding everything else, I've lived in this town for years, and always found it easy to find a reasonably priced beer.
Yup. It's still shockingly easy to find good beer at a reasonable price in the SFBA. Same for food if you know where to go. The only thing that's really hard to avoid spending way too much money on is housing.
Live in a van down by the river, or a cargo truck in a Google parking lot.
Re: San Francisco Bubble
#39I've seen grads come out of boot camps that are better programmers than people who have been programming for years. They might lack the knowledge, but they've got good sense and hustle, and at the end of the day, I'd take that over a stubborn engineer who looks like they're gonna age into a Dilbert comic.