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There is no mass exodus. A few companies moved, but they are late stage and very established. If you have a startup - SV is still the best place in the world.
by gamechangr 6y ago
There is no mass exodus.
A few companies moved, but they are late stage and very established.
If you have a startup - SV is still the best place in the world.
It's funny to see how much of the world is hoping that SV would fall. Maybe it's just morbid curiosity or paranoia but theres still 10 developers who want to move to the bay area for every developer that wants to move away.
- nightowl_games 6y agoWhy do you think people want SV to "fall"? I think ultimately people want the SV vibe to spread to other parts of the world, and lose a bit of the excess wealth that is concentrated in that area. The wages that the average web dev makes in SV is ludicrous. The culture around that money is insane. Ultimately what I want is for wages to level out a bit across the USA and Canada, and for the homeless to be better taken care of in SV. It simply is disturbing to see the concentration of wealth juxtaposed with the pain and poverty of so many people living on those streets. It is disturbing to see the army of overpaid, underskilled 20 somethings wasting their inflated salaries. Not everyone is a virtuous founder, most of the tech people there are simply seeking wealth, status, recreation and adrenaline. This is fine, but too much capital is spent funding these people. There are more skilled, cheaper developers in other parts of the country, continent and world. Its not about the fall of "founders", it's about making the army of juniors in SV compete against the seniors from everywhere else. I think an "exodus" of the developers in SV would be good for the continent, for the housing problem and for the future of innovation. Its not about the "fall" of SV, it's about the decentralization of it. Its about spreading the positive aspects and diluting the negative. Its not about the fall of SV. Its about the rise of everywhere else.