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I'd say having Google in NYC is probably a negative for startups. Most of the good talent gets soaked up by the big G, And your 7 minutes to work as an enginee
by vaksel 15y ago
I'd say having Google in NYC is probably a negative for startups. Most of the good talent gets soaked up by the big G,
And your 7 minutes to work as an engineer, is actually a bad thing for startups. If a programmer lives in Manhattan(sub ~50s st), then he is paying ~$3000/mo for an apartment. If you are stuck with a $3K fixed cost every month, it's hard to quit a job to go do your own thing. Granted, you can always get a cheaper place, but most programmers with 2-3+ years experience seem to be making ~$100K+ in NYC, so they tend to justify spending a bit more to be closer to work
- JayWilmont 15y agoHe could be paying far less than that for rent: I live on the upper west side of Manhattan and pay $1000/month and had a 15 minute commute before I switched jobs. Further, somebody could also live and work in Brooklyn and pay more like $700/month in rent. (All of these figures are for apartments with roommates).
- localhost3000 15y agoi can assure you that it does not cost $3k / mo to live below 50th st. that is a massive exaggeration.
- vaksel 15y agoI started looking recently, and 2-3K seems to be the general price range for decent 1 bedrooms. Sure you can pay less, but that usually involves living in the closet or in a rundown old building...and even then you only save a few hundred bucks. Seems like prices really shot up recently, I looked about 5 months ago, and the rates were quite a bit cheaper