San Francisco Poaching Tech Talent From Silicon Valley
jfruh writes "Silicon Valley, including San Jose and the chain of suburbs running north from it along the San Francisco Peninsula, has long been the epicenter of the tech business and startup scene. San Francisco itself, just a few miles to the north, has always been in the Valley's orbit — but now, more and more, the center of gravity is shifting to San Francisco, and the move seems to be hitting a tipping point. The reason: the young talent companies want to attract would rather live in a hip city than in suburban sprawl, and don't want to commute 45 minutes to work."
It takes about 45 minutes to commute between places actually in San Francisco, if you don't pick the right ones, thanks to SF Muni having barely had any improvement since the Market Street Subway was built in 1980. Could easily spend 45 minutes on the N-Judah...
10 PRINT CHR$(205.5+RND(1)); : GOTO 10
Not to mention younger people are less likely to stop and think of the financial ramifications of living in the city. Who needs money when you can just walk to work?
Issues of sprawl and crappy commutes notwithstanding, the people developing cool apps for smartphones want to live in SF because they are hipsters. These are not the same kinds of folks that "made" silicon valley. They were far nerdier, more interested in hardware, chip design, etc -- basically infrastructure stuff and they were NOT hip. They weren't quite as drawn to SF.
SF also has girls.
I still think the Peninsula and South Bay are far superior if you like outdoor activities: running, hiking, climbing, biking.
Psh. I like the old farts better than the new kids.
My friend who lives there calls it "the city". The hipness is implied by the condescending tone of voice when you say "the city".
San Francisco is undoubtedly cooler than the south bay, but it's also way more expensive. Not everyone can afford rent or the space they want in SF when compared to many of those south bay cities. That goes both for companies and people. Some companies will move or start there, but I think it's reaching to say we're at a tipping point.
And most importantly, people aren't raising kids in SF:
http://www.huffingtonpost.com/2012/05/13/san-francisco-moms-reflect_n_1508072.html
So that talent that young is going to have to commute the other way when they get married and have kids.
Suburbs seem to be the defining problem from my generation's perspective. It's a cultural wasteland. It lacks identity. And for a generation that has become almost entirely bound to the indoors, most of the proclaimed advantages are unnoticed. The mortgages that go with suburban living look like an anchor to a group that is already mostly overburdened with student loan debt. It looks like despair incarnate.
It'll be a SLOW shift towards urbanization though. Huge chunks of the populace look at the suburbs as what you are supposed to do, particularly once you have children. Falling crime rates and rising transit costs will eventually break that, though.
The problem I have with the term is that it suggests that there's something morally wrong with offering somebody more salary / benefits / perks to change jobs, or with that somebody choosing to make the move to greener pastures.
Employment is a 2-way street: My boss can choose to fire me at any time, I can choose to quit and do something else at any time. I understand that many employers would not like employees to be able to do that, but they can, and that's because they're your employees rather than your slaves.
I am officially gone from
They said the exact same thing when I lived in the Valley during the dot-com boom. Not everyone wants to pay $2,000 for an apartment that has the privilege of homeless people pissing on the doorstep, walking on streets that reek of sewage, daily encounters with street trash that threaten anyone who is dressed normally, or the dilemma of owning a car with no place to park vs. a car-free lifestyle that makes shopping so difficult. Yes, I love the car alarms that go off constantly, the buses roaring by all the time, the ugly eucalyptus trees that give off a powerful smell, the harsh cold wind from the bay combined with the harsh sunlight, the lack of air conditioned offices, the "vibrant nightlife" of stores that close down at 5PM, the tourists who treat you like a funny zoo animal, and the warm welcome one receives from other Americans for saying they live in San Francisco.
Give a few years. Oh Noes 'gentrification'! The inevitable whinge. Tech money moves in, car dealerships and salons follow. Loft prices soar. Street vendors and used book stores move out. Rents go up and 'families' can't afford to live there any more.
Bitch, bitch, bitch. Thousands of hours of NPR hand wringing interviews with disgruntled pseudo-hippies.
San Francisco has rent control.
Drill baby drill - on Mars
Good riddance.
I hope they sell it to Mexico, we won't miss it.
This happened during the first dot-com boom, too. Huge influx of twentysomethings. Then the dot-com boom collapsed, and the number of twentysomethings in SF dropped 40%. (A friend of mine who runs a hip hair salon and throws big parties said of this "and the ones who still have jobs are working their butts off.")
The first dot-com boom moved into existing real estate. This time, there's extensive new construction.
Silicon Valley may be in permanent decline. The last production wafer fab in the valley closed in 2008. With impressive systems on a chip like the Allwinner A10 from China selling for $7, the margins in semiconductors are far smaller than they used to be. That threatens Intel. HP is still a mess. Yahoo is collapsing. Microsoft just posted their first loss. Google and Apple continue to thrive, but Facebook seems to be on track to be the next Myspace.
You forgot the part where the mobile tech bubble bursts....
the "Young Talent" companies only make up a small part of the tech industry out here. Silicon valley still has the largest and most successful of the tech industry at the moment in Software (Apple, Google) and even the older struggling giants (Yahoo), which represent a MAJOR force for employment, Apple's new campus in cupertino will hire and bring in more bodies to the valley then the next 100 SF startups (even assuming that by the time 100 startups have formed 50 of them haven't flopped).
Years ago when I moved to Silicon Valley the ratio and rate was the same. There were "artsy" or "fun" gaming startup jobs (a few) available in SF, and there were startup jobs available here in SV. But the real hiring was being done by the big players, and those guys will never move to SF. The hub will remain. There is no "tipping point". Article is an opinion puff piece by a hipster looking San Francisco dweller - https://twitter.com/cscott_idg who is obviously as biased about the subject as I am.
Moving on.
- Holy crap, I've got MOD points! Who thought that was a good idea.
How odd. I would have thought that, of all places, Silicon Valley would have launched its "B" Ark full of all the PHBs who can't believe people can actually do their jobs while sitting at home in bunny-slippers.
Fellow geeks - Telecommuting! We need to stop putting up with this "physical presence" crap and start making the number of days per month we actually go into the office a core negotiating point in any interview. "You want me Tuesdays and Thursdays? Okay, I want an extra week of vacation to make up for the needlessly wasted hours of my life spent in traffic to humor your delusions that I can somehow program better in an uncomfortable, harshly-lit, noisy environment surrounded by people who want to tell me all about what vile substance their kids/cats spewed on innocent bystanders this past weekend."
/ And let's not even talk about how I have a triplet of 28" monitors on my home workstation while getting a mere second 22-incher at work took nearly an act-of-god
We've crossed this bridge many times before throughout the years from various articles.
What happened to companies (especially high tech companies) allowing people to work from home? Maybe a visit to the office once every two weeks or maybe a monthly meeting for employee social time...sharing projects, dinner, etc etc. This means that you could employ people not even local to SF which is in the end overall cheaper(for everyone). There are many many bright people who live elsewhere in the US(many of them not single) that just dont want to live in this area for many different social, economical and political reasons.
This also means you dont have to pay through the nose for a building that houses all the employees. Just room enough for the owner, the receptionist and a big open atrium/hall for company meetings when everyone is supposed to check in. I really don't think companies get it. Check out Art & Logic . All their employees work remote and they at least claim that they only look for the best and the brightest. Their clients are also big time companies.
That is just ignorant! Even though I don't believe the article - Uhm - how do you think the San Andreas fault GETS to San Francisco? It runs through the hills that create Silicon Valley. Always has - always will. Ever heard of the Loma Preitta Quake? That large percentage of the US brain truss you are worrying about ALREADY lives in Earth Quake country.
Have you compiled your kernel today??
Riverside CA is viable. It has a University of California campus and good computer science, engineering and bio programs (probably others as well). It's location is convenient for recreation. The mountains are about 1-1.5 hours away, so is the beach, so is the desert. There are nice communities with housing at a small fraction of the cost of LA and Orange County (OC). A lot of very talented and skilled people working in LA and OC actually live in Riverside or one of its neighboring towns. If you were to open shop in one of the industrial/research parks next to the UC campus you will have access to students and many industry veterans currently working in LA/OC but living in/near Riverside who would love to ditch the long commute.
Maybe living there is better than visiting, but every time I made the yearly drive to SF for the Software Development Expo, it was hell. Streets that seem nigh-vertical, an insane profusion of one-way streets -- in one case, two of them meeting in opposite directions at the top of a hill -- plus paying through the nose for parking. I was always glad to be back on I-80 and headed home.
Not intended as a flame, I know there are people who love SF, but I like living in a post-WW2 horizontal city instead of a pre-WW2 vertical one.
"The Greens lynched a hacker in Chicago. Last month, but I think the body's still hanging from the old Water Tower."
And my rent is $2035 for a 900 square foot 2 bedroom that I've had for the last 6 years. Rent control is great :)
Sure, it's noisy some nights. Sure some nights you can't see your hands in front of your face because of the fog. Sure, there are homeless people -- so what? If you're old and have a family then perhaps this isn't the place for you. SF is pretty anti-child. If you don't like being in the thick of everything -- stay in a quiet suburb. For single 20 and 30 somethings, this is where it's at.
I've been told by a friend that one of the issues with running businesses within SFO is that once you grow beyond a certain size your costs really start to escalate because of various city ordinances and taxes. Don't they have some health care requirements that other nearby cities/towns don't? Not to mention the cost of real estate, etc.
Being a great place to live doesn't necessarily mean it's a great place to run a business. At some point, unless you're wildly successful or simply cannot exist outside the SFO ecosphere, the businesses will look to either lobby for lower costs or will move out of the area forcing the workers to either move or commute.
Which is anti-free market.
By "watch out for the drunks", you are referring to the bus drivers, right?
"Remember, don't drink and drive!
Ride the Bus, and leave the drinking to us!"
Except you are lying or have a bad memory as an expired meter fine is currently $65 (actually $55 if you went to the Noe Valley Whole Foods). And you are an ass for parking that far off the curb. And Pay the fucking meter, they take credit cards and you can text to them.
Huh? What are you talking about? Where the hell else are you supposed to meet people if not in a bar? Would you prefer me to meet some losery loner on an online dating site or something?
Meetup.com, for one. There are other activity groups as well. (Most aren't free, but Meetup is). Then there are social scenes around hiking, skating, cycling, even rowing.
Thing is, even if you participate in a group centered near the South Bay, a disproportionate number of the women are from SF. And, of course, the groups centered in or nearer the City have more women.
The rest of us engineers will stay in the South Bay.
“Common sense is not so common.” — Voltaire
You are blaming the city, yet you admit you didn't pay the meter and parked wrong. The same thin could have happened to you in Milpitas. Disingenious.