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I have to say that I didn't really understand the perspective the writer was coming from. It kind of felt like he just wanted to finger wag at SF. > Everything
by wesleyfsmith 11y ago
I have to say that I didn't really understand the perspective the writer was coming from. It kind of felt like he just wanted to finger wag at SF.
> Everything is too expensive.
Just normal supply and demand economics. This happens all the time all over the world when lots of high earning people suddenly move to an area.
> There are thousands of dumb startups.
Yup. And most of them will die. And some of them will become AirBnB. The problem is, it's extremely difficult to predict which is which. That's just the nature of searching for "the next big thing". I'd rather live in a world where there are lots of dumb companies so that the few exceptional ones have a chance to get started.
> People are spoiled.
No, people in SF value their time, as it's the only resource you can't get more of. I absolutely understand why someone with the money would have groceries deliver for them. It's more efficient. The locally sourced and organic thing does feel a bit silly though, although I would say that's a fad you see everywhere.
> There cannot be these many quality engineers.
I'm sure there are some bad engineers there. But SF has a massive pool for exceptional talent, and while I'm sure not every engineer is extremely high quality, I have no doubt that a substantial amount of top tier programmers are in SF. If the majority of programmers weren't making meaningful contributions to their companies, I don't think you would see them being compensated the way they are.
- deleted 11y ago[deleted]
- MonadQueen 11y agoSome of the dumbest ideas are the biggest. Strangers driving you in their cars? People turning their spare rooms into hotel rooms? I wouldn't have believed (or invested in) either of these ideas. My favorite example is YouTube. If you had asked me if I wanted to invest in a video upload site where 95% of the material were pirated clips off of TV I would have said "you're crazy! You'll be sued out of existence."
- sandworm101 11y ago>> I absolutely understand why someone with the money would have groceries deliver for them. There is s difference between lazy, spoiled and pretentious. Rich people have existed for a very long time. Few have ever had groceries delivered. The hire personal shoppers, housekeepers, chefs, maids to buy their food. This getting groceries delivered is a passing fad, an affectation for people looking to cultivate an image of themselves. Having more money than time is nothing new.