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Andreessen Horowitz is opening an office in SF

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Re: Andreessen Horowitz is opening an office in SF

#41
post #15
post #11

RIP Say Media (/ Six Apart / Videoegg). We used to work in that building.

Did Say Media finally kick the bucket? I remember around four or five years ago they stopped paying publishers and had to make payments with a cash flow injection. Hundreds of thousands later they made everyone whole, but damn. Specialized ad industry did not treat them well.

Pretty sure they ultimately got acquired at a heavy discount. I left before that though -- around the period you describe.

Re: Andreessen Horowitz is opening an office in SF

#42

Earlier quoted context omitted.

The more expensive, the better it works as a signaling mechanism.

I work for a start-up with offices in Sunnyvale, California. Our staff is mature people who have done this before and want the best place to establish an office and work. None of us would dream of living or working in San Francisco. We all live and work in and around Sunnyvale, Mountain View, Santa Clara, etc. For a mostly-hype startup staffed by kids fresh from Stanford, Harvard, and MIT, I suppose the flashier the…

I think its only recently that SF office space surpassed Mountain View. Startups originally moved to SF because it was cheaper.

Re: Andreessen Horowitz is opening an office in SF

#43
post #11

RIP Say Media (/ Six Apart / Videoegg). We used to work in that building.

Are other startups in that building now? I thought I saw a few when I last passed by it.

Quite a few were last time I checked. Say went from filling up that entire building, to renting out the basement, to renting out the upper floors, and then moving into the basement X(

Re: Andreessen Horowitz is opening an office in SF

#44
post #27
post #25

Earlier quoted context omitted.

Fair point - updated my original comment to remove the expansion of the "bay area."

Also, the South Bay is becoming/has become enterprise-land. As Silicon Valley startups increasingly aim towards the consumer market, it makes sense that they would locate themselves in the biggest media/consumer/tourist hub. (Even the biggest enterprise companies can be SF-based, though – SalesForce, for example...)

I don't know if that's true. A lot of B2B SaaS companies are in San Francisco, and I can't see a lot of them moving (Okta, New Relic, Twilio all come to mind). That said there are A LOT of old school enterprise companies in the South Bay / Peninsula.

Re: Andreessen Horowitz is opening an office in SF

#47

I think the millennials are settling into better jobs like Google and Facebook and the younger people are flocking to startups. That might be the reason why startups are now focusing on SF rather than SJ area.

I thought Gen Z was just entering college? They're in the job market already?

Re: Andreessen Horowitz is opening an office in SF

#48
post #32
post #17

Earlier quoted context omitted.

In a way, startups are leaving SF BECAUSE startups are coming to SF. That is, when there is a large influx of capital-rich startups, startups w/o capital (or who are capital sensitive) are forced out. Overall, there's a net in-flow of startups into SF, and so, the VC's follow.

Reminds me of the popular quote: "Nobody goes there anymore, it's too crowded."

Or modern day... "Nobody uses Facebook anymore, it's too crowded"

Re: Andreessen Horowitz is opening an office in SF

#49
post #26

Almost every big tech IPO of 2019 (Uber, Lyft, Pinterest, Slack, Postmates, Airbnb, Instacart) is headquartered in SF. It's undeniable that the center of silicon valley is slowly shifting north.

Back in the day, the name Silicon Valley came from the fact that most of the companies worked with actual silicon. Most of them were based near Mt. View because 1) The land was a lot cheaper than SF and 2) Most of the capital was there.

The "new" SV is north because all the consumer websites set up shop in SF since all they needed was office and not chip fabs, and they were mostly being worked on by younger folks who wanted to live in the city proper.

Now we have a bifurcated ecosystem where all the hardware folks (and companies) are still in the south bay (and don't kid yourself, there are a ton of hardware startups down here still) and all the consumer stuff is up north.

You just hear about the consumer stuff more because most of the silicon companies are B2B.

Re: Andreessen Horowitz is opening an office in SF

#50
post #46

> (The park was known until January as AT&T Park; it has since been renamed Oracle Park.) I've always called it Pac Bell park to avoid confusion.

I like “the ballpark” best, that name is timeless so won’t matter which company buys up naming rights next.
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