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Other challenges to SV’s preeminence are more fundamental than the tech diaspora

oreilly.com

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Re: Other challenges to SV’s preeminence are more fundamental than the tech diaspora

#61

Post by rapsey »

barry-cotter wrote: post #36
ping_pong wrote: post #5

Im so tired of random writers, even if it's O'Reilly himself, trying to predict that Silicon Valley is doomed. That's like saying Hollywood is doomed, or Wall Street is doomed. I've been around long enough to know that nothing will unseat Silicon Valley as the tech capital of the world. Silicon Valley has the critical mass of talent, VC money and greed that can't be replicated anywhere else in the world. There's a re…

> Silicon Valley has the critical mass of talent, VC money and greed that can't be replicated anywhere else in the world. Tel Aviv has it. Beijing has it. SV’s big advantage over them is the internal market and Beijing will acquire that soon enough. > There's a reason why we have never seen a world leading tech company come out from anywhere except the US. True enough in software but see SAP. DeepMind was British, no…

> Beijing will acquire that soon enough.

I very much doubt it. Israel and china have something in common like all rising powers do, strong nationalism. Foreigners getting funded before locals is I am sure completely unthinkable.

Re: Other challenges to SV’s preeminence are more fundamental than the tech diaspora

#62

Post by dataking »

ping_pong wrote: post #5

Im so tired of random writers, even if it's O'Reilly himself, trying to predict that Silicon Valley is doomed. That's like saying Hollywood is doomed, or Wall Street is doomed. I've been around long enough to know that nothing will unseat Silicon Valley as the tech capital of the world. Silicon Valley has the critical mass of talent, VC money and greed that can't be replicated anywhere else in the world. There's a re…

> There's a reason why we have never seen a world leading tech company come out from anywhere except the US.

Spotify, ATI, ARM, BlackBerry?

Re: Other challenges to SV’s preeminence are more fundamental than the tech diaspora

#63

Post by jmeister »

TedShiller wrote: post #13

The people that he mentions at the beginning of the article who have left have all peaked in their careers. The real loss would not be of people who have peaked leaving but of people who haven’t peaked yet leaving.

People who have “peaked” have a lot of offer in terms of mentorship, connections etc.

In fact, a concentration of people who’ve been there done that is probably that hardest thing to find in one place outside the respective central cities.

Re: Other challenges to SV’s preeminence are more fundamental than the tech diaspora

#64

Post by mrgordon »

pottertheotter wrote: post #51
baby wrote: post #45

I’m one of them. Left San Francisco due to the shitty weather, high crime, high rent, not much to do there, everybody is absorbed by their work, etc. I’ve been travelling and I’m currently wondering if I should come back or not...

There's a lot more to Silicon Valley than San Francisco. It's just as expensive with a lot of people absorbed in their work, but does away with the bad weather and crime. I've never understood why so many tech companies over the last decade went up to SF. Before that most were down the peninsula and in San Jose. I'd pick the lower peninsula over SF no question.

Because the younger talent they’re trying to attract prefers a lively city to the suburban sprawl with good schools

Re: Other challenges to SV’s preeminence are more fundamental than the tech diaspora

#65

Post by keenreed »

ping_pong wrote: post #5

Im so tired of random writers, even if it's O'Reilly himself, trying to predict that Silicon Valley is doomed. That's like saying Hollywood is doomed, or Wall Street is doomed. I've been around long enough to know that nothing will unseat Silicon Valley as the tech capital of the world. Silicon Valley has the critical mass of talent, VC money and greed that can't be replicated anywhere else in the world. There's a re…

》But as long as more immigrants from other countries come to Silicon Valley because they've heard about how rich people come

Why should I come to SV? Living standard, taxes, workforce cost, housing... I may get $5m funding, but that would only buy an office and couple of employees for a few years. And if I ever make it, VC and California taxes would eat 90% of my profit.

And do not even let me start on family and children cost and friendliness. Buying $3m house, so homeless guy can expose himself in front of my daughter... :(

Raising funds is not that big deal, there is so much free capital now. New trend is residency in tax heaven (UAE, Singapore, Cyprus) and globally distributed team.

Re: Other challenges to SV’s preeminence are more fundamental than the tech diaspora

#67

Post by opportune »

WalterGR wrote: post #58
earthscienceman wrote: post #43

Earlier quoted context omitted.

... that's because it's not a career risk when you're a multi millionaire who will just be rehired by your friends if your venture fails.

Who are these multi millionaires? Clearly I know the wrong people in tech in the Bay Area.

Probably most people I work with in their 30s or 40s are multimillionaires.

Re: Other challenges to SV’s preeminence are more fundamental than the tech diaspora

#68

Post by mrgordon »

WalterGR wrote: post #58
earthscienceman wrote: post #43

Earlier quoted context omitted.

... that's because it's not a career risk when you're a multi millionaire who will just be rehired by your friends if your venture fails.

Who are these multi millionaires? Clearly I know the wrong people in tech in the Bay Area.

Maybe you should check what some of their houses are worth lol

Re: Other challenges to SV’s preeminence are more fundamental than the tech diaspora

#69

Post by katbyte »

WalterGR wrote: post #58
earthscienceman wrote: post #43

Earlier quoted context omitted.

... that's because it's not a career risk when you're a multi millionaire who will just be rehired by your friends if your venture fails.

Who are these multi millionaires? Clearly I know the wrong people in tech in the Bay Area.

If your talented and fail at starting your own company it won’t be very hard to find a job in sv

Re: Other challenges to SV’s preeminence are more fundamental than the tech diaspora

#70

Post by slimsag »

mrgordon wrote: post #64
pottertheotter wrote: post #51

Earlier quoted context omitted.

There's a lot more to Silicon Valley than San Francisco. It's just as expensive with a lot of people absorbed in their work, but does away with the bad weather and crime. I've never understood why so many tech companies over the last decade went up to SF. Before that most were down the peninsula and in San Jose. I'd pick the lower peninsula over SF no question.

Because the younger talent they’re trying to attract prefers a lively city to the suburban sprawl with good schools

The younger talent they are trying to recruit prefers a lively city with broad culture and opportunities, which exist in many places outside of SV - and in different forms than just the tech mono-culture that SF is today.
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