Nope. The Bay Area is home to some major tech employers (Google, Apple, Oracle, Cisco, Salesforce, Intel, etc), and is also a major outpost for other big names

Nope. The Bay Area is home to some major tech employers (Google, Apple, Oracle, Cisco, Salesforce, Intel, etc), and is also a major outpost for other big names (Microsoft, Samsung, Sony, etc). There are also a number of major employers in high-compensation jobs (finance, bio-tech, law). Even among startups, there is a big difference between a scrappy little company of three folks and a company like Uber. Bottom line: there is lots of money floating around the Bay Area. As much as we might like to believe otherwise, the amount in small start-ups is just not that much.