2 ms·
I think the problem is just the unreasonable demand to be in the Bay. Why would any company or their workers want to be in the bay? This is the part I don’t und
by donatj 8y ago
I think the problem is just the unreasonable demand to be in the Bay. Why would any company or their workers want to be in the bay? This is the part I don’t understand.
Sure, as a bay developer I could make more money, but my actual spending power would likely be way lower than it already is.
Sure, you as a company are near other tech companies but does physical location really matter in this day and age?
I have a ten minute commute, live in a burb and commute to a neighboring burb. My rent is dirt cheap. I don’t see the appeal, it feels like mass hysteria to me.
- ryandrake 8y agoWhat happens during the next tech downturn, when there are no companies near your burb hiring? That’s what I asked myself before moving out to Bay Area. I’ve been through two major tech dry-ups, both living outside of tech hubs, and having zero employment options in a 200 mile radius sucks. During 2008 I had two months left until I would be living out of my car. I’ll take my chances here in Silicon Valley where there are major established firms on every street corner.
- dragonwriter 8y ago> I think the problem is just the unreasonable demand to be in the Bay. Having a utility function that favors certain conditions isn't unreasonable. > Why would any company or their workers want to be in the bay? Workers want it for climate, social, and cultural reasons, among others. Companies want it because that's where the existing pool of workers is and many of them are resistant to leaving. (Also, for some of the same reasons, the VCs and people they want for their boards.)1