>>the NYC area is starving for talent What area isn't? >>most techies in this area aren't that entrepreneurial There are enough - several of Facebook's most

>>the NYC area is starving for talent What area isn't? >>most techies in this area aren't that entrepreneurial There are enough - several of Facebook's most prominent product launches in the last year (new Groups, Timeline) have been led by PMs acq-hired from the NY-based startups they founded (drop.io, Hot Potato, Daytum). More importantly, Facebook's not a startup anymore: joining hardly requires an "entrepreneurial" appetite for risk on the hire's part. >>chances are this will end up driving salaries up by 10-15% Facebook can afford to pay a premium for talent, and they've demonstrated a willingness to do so (see above). This is a problem for other companies, not Facebook - which makes it a good, strategic move on Facebook's part. >a smarter move would be to open an office in Boston Despite starting at Harvard, Facebook has much stronger ties to NYC - including an existing 100-person marketing office.