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Twitter kills its San Francisco headquarters, will relocate to South Bay
831–840 of 1001 posts
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#832Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#833I like that. San Francisco is a dirty city with bazillions of homeless people and woke activists living in their bubble.
It’s insane what happened to this once beautiful place.
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#834Earlier quoted context omitted.
They've cut out things like viewing who liked a tweet etc (for cost savings I suspect) so the site is probably dirt cheap. Can't imagine ads don't pay for the cost of running servers at this point, and a headcount reduction might bring it to profitability.
The issue is the $13 Billion loans and estimated $1.3 Billion/year interest payments. I'm sure Elon can wipe those out himself, but it's still a lot of money that isn't accounted for. Twitter cannot merely float at barely profitability. Twitter needs at least $1.3 Billion/year to counteract interest payments.
Elon can either directly pay the loans himself, or lend money to Twitter/X.
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#835Had a recruiter call with Twitter a few months ago. Mandatory in office 5 days per week. Among other things, an hour commute both ways to work was not acceptable. Maybe they will have better luck in Santa Clara. I don’t buy any of the flamebait reasons for leaving SF. Reason 1 is money and reason 2 is talent pool.
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Your personal opinion, if I'd be interested in what his companies does I'd go work there asap.
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#836Earlier quoted context omitted.
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Survival skills are nice to have. But it's even nicer to live and work in a location where robbery isn't something that someone might reasonably experience twice in 3 months. Of course, I left a job when my lunch got stolen twice in 3 months; well 3 times, but one time I brought leftover pizza in a pizza box, that's understandable. Taking leftovers in plastic is just rude... especially when my shift started at 4pm an…
I've been robbed before, too. I prefer that to the sterile antisocialness of the wealthy.
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#837Earlier quoted context omitted.
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You know an area is fucked when people start trying to blame the victims for the crime.
I'm not blaming them for the crime, just their lack of understanding how the world works. If you want to understand poverty in america the only place to look is capital and americans' commitment to individual material comfort over all other values.
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#838Earlier quoted context omitted.
I don't know, the residential neighborhoods of SF are the perfect place to raise a family if you make tech money: dense enough that there is a ton of stuff to do and your kid knows other kid nearby, low density enough that you get 1500-2500sqft to yourself.
> if you make tech money It is a great tragedy that the US with all its money and diversity of geography and people has only really managed to produce a single walkable city and a scattered handful of “I don’t always use my car” neighborhoods, which are always the most expensive places to live. So many cities outside the US manage to do this on a fraction of the budget.
So many cities outside the US manage to have this as the only redeeming quality. It's nice to not have to walk - it's not so great to have to walk because you can't afford a car and public transit does not cut it for everyone even in the best rated cities of the world. And it's not really interesting to have a dense train network if you can't afford the train ticket; then you're just angry your tax money is spent on it instead of you.
I'm from Europe but I would be very careful with claiming it's just a few cities or neighborhoods in the US. I made a list of places I could move to eventually, and it's at least two dozen, and that's just because I was focused on cities with significant tech/business scene.
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#839The issue is the San Francisco gross receipts tax, which becomes problematic for any payments company because it applies to the payments volume Twitter is planning to become a payments platform
Since a gross receipts tax hits anything other than small, local stores inconsistently, I'm not sure what behavior it's trying to drive. It also taxes revenue rather than income, so yes, it makes anything ulta-low margin like a payments platform DOA.
It seems the objective is to disincentive companies that have business outside the city borders.
Re: Twitter kills its San Francisco headquarters, will relocate to South Bay
#840Earlier quoted context omitted.
SF has had some cleaner parts - including north parts of Embarcadero, Presidio, etc. but the center and Market St. areas can be pretty scary to a person who's not used to it. As a large ugly dude, I didn't really feel _that_ threatened there, even if a bit uneasy, but I can only imagine how, for example, a woman would feel navigating it, especially at later hours...
Statistically speaking, women are almost never physically attacked by strangers, it is almost always someone they know. Men are attacked by strangers at a much much higher rate than women are.
I would also say woman fear strangers much more than somebody they know.
Maybe what’s the reason they can avoid getting physically attacked by strangers better than men.