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I live steps from the water @ Silicon Beach w/ the same rent I paid for a basement apt in Berkeley in '14. At some point, the signaling value of setting up shop in SF reverses; "I'm willing to burn bright at both ends to be where the action is." ⇒ "I'm a dumb pattern-matcher."https://twitter.com/uberfeminist/status/1036387537747505152 …
At bottom, the Bay is relying on a young workforce w/ hopes to grab a single-digit employee # at a unicorn before the housing crisis forces the VC model to shift. It's a lottery, not a lifestyle. Schools are closing for a lack of children; parents can't tolerate this insanity.
It’s all about getting firstname@startup.com
It’s def. or sustainable. I’m blessed we own our little bungalow on Alameda.
1/ My school district (MP) is scrambling to find new space, taking back space from private schools. I see young people coming to Google/FB/Apple for the full service life style. Obviously there aren't enough houses for them to each have one.
2/ Top tier executives / talent can put down roots, others move on or move out eventually. There's a deep pool of talented veterans around here (like me) as well. That's super important to the viability of the new enterprises.
In case I haven't irritated you by spamming you with mentions of this book enough yet, I highly recommend the book _The Winner-Take-All Society_ for excellent insights on topics related to this
(feel free to lie to me and tell me you've read it but you forgot what it said, to get me off your back)
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