For some reason, I find this so creepy.
I get that not everyone hates their worklife as much as bankers do, but even if you work at a place that makes you giddy with delight, why would you want to live in the middle of all your co-workers?
I imagine Zucks walking around with his toes hanging 3 inches over the end of his Adidas flip flops... with all the Facebook followers vying to get their dogs to mate with Zucks' in the communal dog park.
http://online.wsj.com/article/SB100014240527023034925045791117928346604…
It's like a cult.
they're building an apartment complex...big fucking deal. it's open to non-fbookers too, you guys are ridiculous.
All but 15 of the 394 units will be open for non-employees.
I could be incorrect but I think those 15 units are specifically reserved for low income residents. I think the bulk of the apartments are available to anyone, although I'm sure FB employees will have priority or incentives.
I could be wrong though.
Although the amount Facebook is paying developer St. Anton Partners to provide the below-market-rate apartments is not being disclosed, city Senior Planner Deanna Chow said the company would have been charged about $4.5 million if it had opted to pay an in-lieu fee.
The 15 units will be priced for households with incomes that do not exceed 80 percent of San Mateo County's median income, adjusted for family size, according to a legal document between Menlo Park and St. Anton Partners, operating under Anton Menlo, LLC. The 15 units will include two studios, eight one-bedroom units and five two-bedroom units, according to the document..
I think it would be pretty nice for people moving out there for work. You probably don't know anyone out there so it would be nice to be near work with like minded people. It's probably going to be akin to freshman dorms where after a year or so people will move "off campus" with the good friends they make.
Where's the kool aid stand going to be?
I'm with you OP, I find it kind of creepy. I get the convenience aspect, but it seems a little too much like serfdom for my taste.
Will be too easy to know which employees are screwing who.
And ex's will live in the same area. That's gonna be a hostile place.... would never want to live in a communal setting like that.
If there's a good short idea out there, it's FB. $120B mkt cap lolz
Pullmanesque
Ipsum praesentium voluptatem soluta est corporis ut sunt. Similique est distinctio deleniti quo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...