We were a bootstrapped startup for 4 years and profitable. Towards the end of our 4th year our land lord wanted to increase our rent by 20% or have us sign a 2

We were a bootstrapped startup for 4 years and profitable. Towards the end of our 4th year our land lord wanted to increase our rent by 20% or have us sign a 2 year lease. We were also in the process of discussing a possible acquisition with several companies and so a month to month lease in a brand new building in SF was the easiest solution. It also didn't hurt when the companies came to visit us to see us in such a nice space (they kept the office). Is it over priced? Yes. Is it worth the flexibility for most startups, without question. +20 people i'd look elsewhere.