4 ms·
Not that many people who work at big tech companies moved from places like Mississippi to Seattle/SV/NYC. Lots of them came straight out of school (and top sch
by candybar 8y ago
Not that many people who work at big tech companies moved from places like Mississippi to Seattle/SV/NYC. Lots of them came straight out of school (and top schools these companies recruit from are concentrated on the coasts), lots of them came from overseas and most of the rest came from other coastal areas. Even those who came from places like Mississippi don't all prefer their hometown.
Also what makes places like SV and NYC great is that they are big and diverse enough to serve as acceptable second/third choices for lots of people from all kinds of places. Some people may prefer small towns and cities, but most people who do have are often driven by concerns like family and friends and have specific small cities they'd prefer. HQ2 in some small city in Mississippi may appeal to those who happen to be from that area, but don't offer much to others from small towns elsewhere in the US. If you consider that these companies employ glboal workforces, this is even more obvious - if a random American tech worker had to work in Turkey, would they rather work in Istanbul or a random small Turkish village?
I don't understand this idea that it would be better for top tech companies to be headquartered in random places in the US - it's obviously terrible for the companies involved but it also doesn't serve the greater good. It leads to 1) company towns that live and die with the company; 2) environmentally inefficient sprawl; and 3) talents being trapped in wrong situations at wrong companies due to immobility. Furthermore, a critical mass is important and innovation is not a zero-sum game - if Silicon Valley's capital and talent, etc was spread around the country, I don't think the outcome is that you get the same level of innovation and wealth creation, only distributed more fairly - a lot of it probably never happens. Innovation is almost certainly accelerated along by a concentration of capital and talent in a small area. This doesn't mean everything should be in SV, but that there are strong benefits that accrue to society at large from companies choosing to bring talent to an already talent-rich area.