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Do you have anything to support your claim that top talent prefers SF? Just curious.
by ryanSrich 12y ago
Do you have anything to support your claim that top talent prefers SF? Just curious.
- gojomo 12y agoSomeone's paying the sky-high residential rents; it sure seems like it's top-compensated tech workers. See also: Google, Apple, Facebook, et al running comfy buses for SF residents to their distant HQs. And now the Reddit board is another data point. They didn't trust their CEO's call, unless they got more proof about employee retention after choosing a non-SF location.
- Iftheshoefits 12y agoThe top talent you describe is highly unlikely to take what is almost certainly an inferior compensation package at Reddit as compared with places their talents will be better recognized (financially), if compensation sufficient to rent in S.F. is a concern for them.
- gojomo 12y agoYes, SF is crazy expensive and it makes effective compensation smaller. Still knowing that, companies choose to locate here, companies send buses here to help hire San Franciscans, and Reddit's board feared that an HQ move to a neighboring city would lose employees. Those are all strong indicators that desired talent likes to be in SF.
- NDizzle 12y agoIt's not necessarily top talent. It's young / youngish single people who are willing to kill their bodies with insane hours at the office that most startups are after. Those people are generally in SF, or at least the kind of people who can actually afford to live in SF on ~$100k.