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Palo Alto considers banning new software companies
- jimmywanger 10y agoTalking about cutting off your nose to spite your face. If you think about it, companies coming to Palo Alto increase housing value, which increases property taxes, which leads to Palo Alto being a nice place. Plenty of cities would love this "problem".
- Tempest1981 10y agoThey come to Palo Alto because of the startup culture, which is diminishing. As the Merc article says, not everything is about maximizing profit.
- thegr8gatsby 10y agoMaybe Palo Alto wants to change the side of the road you should drive on at the same time.
- Tempest1981 10y agoThis headline and story is misleading. The talk is about limiting company size so startups can return/thrive again. Here is a more balanced article: http://www.mercurynews.com/michelle-quinn/ci_30313704/palo-alto-considers-saying-no-tech-growth-this http://www.mercurynews.com/michelle-quinn/ci_30313704/palo-a...
- Tempest1981 10y agoWhat the mayor actually said about Palo Alto: - "It's become a monoculture," Burt says. - the city's role as a tech incubator is in danger. - Large employers like Palantir Technologies, the secretive private software firm, and Amazon, have taken over He wants to force tech companies to move out when they get too big. It's hard for startups to get office space when large corporations can easily out-bid them.