Stripe to move to South San Francisco
sfchronicle.com
Stripe to move to South San Francisco
1–10 of 441 posts
Re: Stripe to move to South San Francisco
#2> The company will move more than 1,000 employees just 10 miles south of its current South of Market headquarters, which it plans to vacate.
Click bait. They're moving ten miles south of their current office ...
Re: Stripe to move to South San Francisco
#3> The company will move more than 1,000 employees just 10 miles south of its current South of Market headquarters, which it plans to vacate. Click bait. They're moving ten miles south of their current office ...
Ehhh.... it's true that this is unlikely to have much impact on Stripe or most of the employees who used the South of Market offics.
But it seems fair to speculate that it could be part of a slippery slope.
And it might have pretty substantial impact on the city of San Francisco (the governmental entity).
Re: Stripe to move to South San Francisco
#4> The company will move more than 1,000 employees just 10 miles south of its current South of Market headquarters, which it plans to vacate. Click bait. They're moving ten miles south of their current office ...
Click bait. They're moving ten miles south of their current office .
Re: Stripe to move to South San Francisco
#5Articles misses that this is in response to SF's gross receipts tax. Payment processing is an ultra low margin business, no way they can compete while paying ~1% of revenues to the city.
Re: Stripe to move to South San Francisco
#6> The company will move more than 1,000 employees just 10 miles south of its current South of Market headquarters, which it plans to vacate. Click bait. They're moving ten miles south of their current office ...
I mean, it eliminates the entire East Bay from its pool of possible employees, so that sucks for anyone who lives out there. That’s a pretty big deal for their quality of life.
Re: Stripe to move to South San Francisco
#7> The company will move more than 1,000 employees just 10 miles south of its current South of Market headquarters, which it plans to vacate. Click bait. They're moving ten miles south of their current office ...
Click bait. They're moving ten miles south of their current office . Their new location is not only outside SF but is in a different county . SSF is a distinct city in San Mateo county.
All locations south of the City of San Francisco are in a different county!
Re: Stripe to move to South San Francisco
#8Articles misses that this is in response to SF's gross receipts tax. Payment processing is an ultra low margin business, no way they can compete while paying ~1% of revenues to the city.
Payment processing rates in China are ____
Payment processing rates in USA are ___
Can somebody help me double check something? I don’t know the answers to those questions
I feel like I read WeChat processes payments at 0.1% while Stripe/PayPal are still around 2%
Re: Stripe to move to South San Francisco
#9> The company will move more than 1,000 employees just 10 miles south of its current South of Market headquarters, which it plans to vacate. Click bait. They're moving ten miles south of their current office ...
I mean, it eliminates the entire East Bay from its pool of possible employees, so that sucks for anyone who lives out there. That’s a pretty big deal for their quality of life.
There is a ferry from Alameda to SSF, so that would at least allow some people to make the trip. Otherwise you’re right, that’s a 1.5 hour commute each way from major East Bay locales.
Re: Stripe to move to South San Francisco
#10> The company will move more than 1,000 employees just 10 miles south of its current South of Market headquarters, which it plans to vacate. Click bait. They're moving ten miles south of their current office ...
I mean, it eliminates the entire East Bay from its pool of possible employees, so that sucks for anyone who lives out there. That’s a pretty big deal for their quality of life.
Agreed, but at the same time BART needs to run more trains to Millbrae for this reason.