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The claim that people are leaving the Bay Area has been around since the 90s (possibly earlier) and I think it's never been actually true. Even in 2008 propert
by fossuser 8y ago
The claim that people are leaving the Bay Area has been around since the 90s (possibly earlier) and I think it's never been actually true.
Even in 2008 property values didn't decline that much in this area. There's some growth in Washington, Austin, Colorado, LA too - but that doesn't mean the Bay Area is in decline.
- wahern 8y agoNewsgroups: alt.folklore.computers Path: sparky!uunet!stanford.edu!nntp.Stanford.EDU!abercrombie.Stanford.EDU!paulf From: pa...@abercrombie.Stanford.EDU (Paul Flaherty) Subject: Re: Sillycon Valley history Message-ID: <paulf.731874319@abercrombie.Stanford.EDU> Sender: ne...@leland.Stanford.EDU (Mr News) Organization: DSO, Stanford University References: <C3p1B1.EDE@csulb.edu> Date: 11 Mar 93 18:25:19 GMT Lines: 20 dpa...@csulb.edu (Dave Palmer) writes: >From what I understand, the shine is rubbing off. The cost of housing is >ludicrous, and companies are fleeing to places like Arizona. But you >still can't throw a silicon wafer in Cupertino without hitting an Apple >facility. I think it's fair to say that Silicon Valley is dead. Cheap venture capital, minimal startup cost, access to university researchers, and good inter business communications fueled an engine which turned ideas into products. You can now find venture capital elsewhere, with the discount rate being what it is. The cost of housing and office space has spiraled out of control, thanks to the environmentalists and Prop 13. The trade secrets and intellectual property mania have pretty much destroyed open cooperation. The universities remain, but aren't the driving force they used to be. The place has a much different, more ossified feel to it than it did seven years ago. -=Paul Flaherty, N9FZX | "My boy, we are pilgrims in an unholy land." ->pa...@Stanford.EDU | -- Dr. Henry Jones Sr. Someone pointed out to me recently that not long after this post he created AltaVista.