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They are not running out of talent but they are running out of starry-eyed tech dreamers and people that can be exploited of their passion. The SF Bay area tech
by president 7y ago
They are not running out of talent but they are running out of starry-eyed tech dreamers and people that can be exploited of their passion. The SF Bay area tech scene is fizzling out and the excitement is long gone. Also, this is a chance for top tech execs and their friends to capitalize on the real estate speculation game as they reinforce the new talent pipeline to NYC.
- ryacko 7y agoDisney owns a city in Florida (Reedy Creek Improvement District), Scientology owns a city in Florida (Clearwater)... I would assume that the best real estate speculation would be to buy land with higher margins.
- bobthepanda 7y agoThe time to buy and speculate in NYC was 20-30 years ago. You can speculate now, but the metro area is so large that even a large company building a regional office there would be a drop in the labor market.