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Why is the bay area important? In the software industry, in theory, where you are should be irrelevant as long as you have decent internet. Why not just choose
by everyone 11y ago
Why is the bay area important? In the software industry, in theory, where you are should be irrelevant as long as you have decent internet.
Why not just choose a city that has the requirements your business needs and set up there.
One example I can think of is Id deciding to set up Austin.
- cylinder 11y agoIt will happen more when the current cycle of tech enters maturity. Right now shareholders just want Growth! and don't care about profits. Once the big companies enter maturity, they will be forced to cut costs, and salaries will come down, real estate costs will be scrutinized so offices will be spread around the world. It happens in every industry, it is nothing new and will happen in tech.
- someguydave 11y agoAgreed. As someone who owns san francisco/sv companies via my s&p 500 fund, I'm disappointed that their boards aren't considering their fiduciary duty to contain real estate and salary costs. After all, what percentage of the highly paid tech workers come from elsewhere in the US? Is there really a justification for them to all be present physically in san francisco other than to swell the egos of their bosses?