I actually think things like this might be really good for the business culture of San Francisco. For a while, SF was a popular place to start a new company, b

I actually think things like this might be really good for the business culture of San Francisco. For a while, SF was a popular place to start a new company, but all established CA tech firms were down on the peninsula or in the south bay. Some of those startups got big, and some of the big firms opened SF offices to compete for talent. Now, it's hard to compete for talent in SF if you're starting out - you have to compete with the Ubers and Airbnb's as well as Google and FB. Taxes like this will push more of "big tech" out of the city (eg Stripe moving to South San Francisco) and free up more breathing room for young startups. I guess I take it as a given that this is better for SF, but others may disagree or need convincing.