Earlier quoted context omitted.
I work at a large tech co. in NYC, and we don't really talk about being in competition with SF at all. Besides, many of the really big SF-based cos. have offices here anyway.
Google spent a few billion dollars to buy an office building: http://www.nytimes.com/2010/12/03/nyregion/03building.html?_... (they later expanded it for even more). eBay's 6th Ave office costs $2-3 million per month (what's a million dollars between friends?). (This isn't really relevant though. I just like reminding people huge sums of money are in play. Your little "$50k to $200k angel round" isn't as big a deal a…
I was just at the Google office in NYC last week. They have a great space!