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Nice shade there on SF. Instead of mentioning all the world changing things that have come out of there you mention the most controversial one out of a sample s
by mav3rick 8y ago
Nice shade there on SF. Instead of mentioning all the world changing things that have come out of there you mention the most controversial one out of a sample size of thousands. Salaries in SF still outdo other cities by a lot more even after factoring in the high COL. Not to mention the weather and easy access to nature / outdoorsy stuff.
- RestlessMind 8y agoSincere question - what world changing things came out of SF in the last 10-12 years? I can count only 2 - Uber and AirBnB - which have changed my life.
- pm90 8y agoTwitter. Stripe.
- mav3rick 8y agoAirbnb, Stripe, Twitter, Tesla, Docker. You != The rest of the world.
- wikibob 8y agoDocker is from France.
- mav3rick 8y agoDocker is from France. Apologies for that.
- Fins 8y agoReally, a payment processor, an enterprise of questionable legality that apparently had invented a concept of lodging, that what it takes to changer the world these days? And I did specifically mention Twitter. Changing the world for the worse isn't something to be proud of. And Docker, which is neither from the Valley, as it was mentioned here, nor of any consequence to anyone not involved in the industry? That's not changing the world. That's SV self-congratulatory bubble
- mav3rick 8y agoRight, let's judge companies by your standards. Any company from SV is just flat out bad according to you. You cearly have a prejudice against SV. I am not one to force you to change this. There is a reason YCombinator moved to SV from Boston.
- Fins 8y agoWhy any? You are way overexaggerating to prove some point. There are some companies in SV that are doping something world-changing. Sometimes it's even for the better (often it's not, but let's not go there). But it's far from the only place these innovations come from. But coming back too the original point, it is just about the only place (other probably being Skolkovo) where you can get funding not just for outright frauds like Theranos, but for things like Juicero or what was the name of that company where they had their scientists pour liquid nitrogen around whenever investors or journalists came, to make it look "sciency".
- RestlessMind 8y agoTesla is not from SF but headquartered in Palo Alto. As pointed out by sibling comments, Docker is from France. Twitter - agreed.
- Fins 8y agoWhat are all those thousands "world-changing" things coming out of SF? Or do you include all the changing world for the worse things that come out of twitters and ubers? Only in the SV bubble could one think that "disrupting the laundry pick-up industry" or some "uber for dog walking" is something world-changing And COL-adjusted salaries in SF outdo other cities only if you happen to be at one of the FAANGs or something with particularly generous VC backing. But even for people who want to work there, there aren't enough FAANG jobs for everyone (and not everyone wants to touch them with a 10 foot pole). At the vast majority of companies pay isn't anything like that. Not that weather in SF was all that great either.
- pm90 8y agoLol no. Startups pay a lot. So do smaller companies located in SF. You have to: otherwise you lose employees fast.
- Fins 8y agoExcept when they don't, and you end up with stock options in Pets.com If you get into a right startup, sure, you can walk away a millionaire, but while it makes for a nice SV foundational myth, in reality it happens to very few people. But I guess it works, as long as there is a sufficient supply of bright-eye kids who were led to think that living with roommates after you've graduated from college is acceptable it all works out.
- pm90 8y ago> bright-eye kids who were led to think that living with roommates after you've graduated from college is acceptable it all works out. You realize that a lot of folks who work in SV are immigrants who come from situations much worse than this, right? Even for Americans: please don't blame the young for the shitty economic situation that they've inherited. I get your point that they shouldn't put up with that lifestyle, but what do you expect them to do? Just not move here? Once they're here and see that you can demand better compensation, they do move up the ladder.