Snapchat doesn't even have a Bay Area office. Also, since when is bracing for economic realities a sign that the entire organism is dying? It doesn't, this article is simply capitalizing on FUD.
As long as Sandhill road remains fully occupied by VCs, the gravy train will continue.
New York City being a 'nice' place is a laughable idea. Freezing weather with rude people is the very antithesis of nice. Contrast that with weather that rarely goes lower than 45F in the daytime, relatively easygoing people and unrivaled access to natural beauty.
Affluent or not, New York City does not even begin to approach 'nice'.
Yeah, we've lived in both NYC and SF and SF is way better. Don't get me wrong, NYC is an amazing city but those winters, and those summers, and the airports are so far away.
It's a Saturday, so the market isn't even open. Not sure where you're seeing a 17% drop. Regardless, It's trading at $150, and was trading at $130 on 6/15/22.
Yes, America has fought with the concept of a central bank for a while so it got more than a dozen of them to create the federal reserve system exactly because it doesn't like concentrated power.
America has consciously busted monopolies in the past. Not so much nowadays, so some skepticism is definitely warranted. It seems that huge swathes of the economy are dominated by outright monopolies or comfortable oligopolies.
I actually agree the "Golden Era" is coming to an end. But it doesn't mean it is dying which is sometimes how it is interpreted.
I am just wondering if Tech are moving out of California, or if they are only moving out of Silicon Valley. And if there can be another Silicon Valley outside of California, or even US.
Golden age was Silicon i.e. Intel, Silver age was Internet i.e. Google, Bronze age was Social Media / Mobile Apps / SaaS.
We're now into some kind of 'common age' which I think will be different than before because we're likely going to be more distributed.
Tech is the new 'Banking' where all the kids to go to get guaranteed payouts so you'll see the culture change. It already has. No place for hippies and surfers anymore.
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[ 4.5 ms ] story [ 67.1 ms ] threadAs long as Sandhill road remains fully occupied by VCs, the gravy train will continue.
That doesn't mean the good years are going to last forever but I think we've got a bit of time before the end.
I'd say the unifying theme is pretty obvious. It's that NYC is a nicer place to live than the SF Bay Area for many affluent young people.
Now that it's less bad for their career to work remotely or at a peripheral office, why wouldn't they move to NYC?
Affluent or not, New York City does not even begin to approach 'nice'.
How much research goes into an article that leads with that.
Hmmm....Okay? (not American)
quite frankly I can’t think of one great thing that came out of silicon valley since 2014
I am just wondering if Tech are moving out of California, or if they are only moving out of Silicon Valley. And if there can be another Silicon Valley outside of California, or even US.
We're now into some kind of 'common age' which I think will be different than before because we're likely going to be more distributed.
Tech is the new 'Banking' where all the kids to go to get guaranteed payouts so you'll see the culture change. It already has. No place for hippies and surfers anymore.