Facebook Building a Company Town
cold fjord writes "The Wall Street Journal reports, 'Facebook Inc.'s sprawling campus in Menlo Park, Calif., is so full of cushy perks that some employees may never want to go home. ... The social network said this week it is working with a local developer to build a $120 million, 394-unit housing community within walking distance of its offices. ... the 630,000 square-foot rental property will include everything from a sports bar to a doggy day care. Even in Silicon Valley, where tech companies compete to lure coveted engineers with over-the-top perks and offices that resemble adult playgrounds, Facebook's plan breaks new ground. A Facebook spokeswoman said employee retention wasn't a major factor in the real estate push. "We're certainly excited to have more housing options closer to campus, but we believe that people work at Facebook because what they do is rewarding and they believe in our mission," she said. Some employees had inquired about places to live near the corporate campus, she said ... The development conjures up memories of so-called "company towns" at the turn of the 20th century, where American factory workers lived in communities owned by their employer and were provided housing, health care, law enforcement, church and just about every other service necessary.'"
>were provided housing, health care, law enforcement, church and just about every other service necessary.'
Amazing how you can make servitude sound good if you omit enough.
They were also "provided" with constantly mounting debt and money unusable anywhere else to make them docile, servile, and put them at the bosses' mercy.
Where is all the money coming from to pay for all this?
I've never given FB a dime.
Is this all from that dumb IP?
Or is it intelligence world money?
What mission is it the company thinks employees believe in, exactly? It's hard to believe the employees find it meaningful and rewarding to sell people's personal information or push advertisements into people's news feeds...
#DeleteChrome
Ironically, the FB headquarters is right next to East Palo Alto, one of the poorer neighborhoods in the Bay Area. In the early '90s it had the highest (per capita) murder rate in the US, but that's since come down. Still, maybe not the place the average FaceBook nerd want's to send their kids to school at.
This reminds me of the book Oryx and Crake. This is essentially the first private, corporate community. There will be many more like them in the future.
These people will not be part of the community in which the buildings exist. They will not give back to the community. Hell, I bet some tax loopholes will ensure their money doesn't even make it into the local economy.
And the work is rewarding because Facebook has a mentality that they are changing the world. They are, of course, but not in the ways that they tout. They say they are making the world more connected. However, I feel way less connected to my friends and Family now that I see their updates on Facebook. All they have done is created a super awesome database of private information and given the keys to the Government, all while creating a new sort of loneliness among people.
Way, way past time to acquire. I had friends that just sold their 3 bedroom, mid-century home for well over a million dollars.... The house will likely be torn down and replaced with something larger. Had the house been newer or bigger, the property would have got for more. The 1+ million was essentially for the lot.
They've also got Fremont nearbyish (across the bridge) - it's reasonably affordable for the area, but it's all sprawling-suburbs and is very quiet. Palo Alto is the next town over the freeway; if you don't mind fighting rush-hour traffic for half an hour to go a few miles, it's probably the most interesting place to live. Menlo Park proper has limited housing stocks. Atherton is even worse (it's a series of sprawling mansions, though a pleasant drive).
If living near work keeps some employees sane, these apartments will be a godsend. Of course, the real question is "why did facebook put its headquarters in the armpit of the Bay?"
I'm in Brooklyn now. Subway to work. :D
The World Wide Web is dying. Soon, we shall have only the Internet.