Fast forward a long period of time - say 50 years - and I don't see a way this ends well
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Why do you make your headquarters there, then?
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Because the network effects are higher than the costs right now. Five years ago we would have had 40+ employees in the Bay Area right now, some of which are non-technical. Today we have 5. All technical, all highly paid.
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I'm curious why you don't outsource the technical employees and keep a non-technical presence in the Bay Area (makes sense for your business model) for the network effects. That's what I am doing at least. I can hire 3-4 for everyone I'd hire in California.
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We hire what we need and can afford to in SF
End of conversation
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CA land owning boomers are basically OPEC
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The question is whether the city as a whole benefited from the Ed Lee tax subsidized development. Many would say it would be great for SF and the country if tech left and went elsewhere.
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that's scary
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