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Isn't that because the companies that attract that talent and pay those salaries are there, though? I don't doubt you, but also there's nothing about the geogra
by andrewstuart2 6y ago
Isn't that because the companies that attract that talent and pay those salaries are there, though? I don't doubt you, but also there's nothing about the geography of the SF bay that gives people more talent.
The only reason I can think that a company wouldn't start elsewhere, or decide to move to save on costs while hiring the same talent level (who presumably wouldn't mind lower TCO) is the network value of existing bay area talent.
- ffggvv 6y agoid say yes. and companies that want to compete with them do have to pay competitive wages. regardless of location. IE snapchat pays more than FANG despite being in LA, where wages are generally lower for tech companies, because they want to compete with FANG. Same with some companies in seattle etc.