Google just unveiled the details of its massive NYC expansion. Amazon has already revealed the details of its massive NYC expansion. Apple setting up shop in Austin. Three mega tech giants moving beyond the west coast.
This raises the question - is the west coast devestated? Are liberal tech nerds going to have to leave their beloved homeland of California?
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"Big tech extends it's greedy tendrils eastward" and your first thought is they'll be devastated?
not big tech devestated... west coast devestated. extension = decentralization and decentralization is big bad news for the west coast
Oh no! What are they gonna do without their vests?
Kick the suits out of the promised land, they're killing the vibe
-tech companies
I think it's just sound diversification at this point, allowing you to pull employees from a multitude of environments and backgrounds.
The west coast is devegetated.
Expansion is not devastation. You've got the wrong idea, not impressed with your analysis.
Los Angeles is on its way up. DTLA is going to be the next urban revitalization story.
San Francisco is another story entirely. Long run, SF is the next Detroit, and I don't mean the new cleaned up Detroit, but I mean Detroit in the bad old days. Detroit collapsed when the auto industry thought they were invincible. Right now, Silicon Valley thinks its invincible and immune to disruption--ironic since 20 years ago they were the disruptors, and now they are the stodgy institutions.
Seattle and Portland are going to remain a curiosity but mostly irrelevant. Bad weather, worse people.
Yeah San Francisco is in big trouble.
My most talented friends in tech are all moving from SF to NYC...
New York is simply a better city.
In every way. Better people, hotter girls, better nightlife, less street poop, everything.
Austin is blowing up too when it comes to tech, but that's nothing new. Put Nashville on your radar as well, both for tech and finance.
http://wallstreetplayboys.com/new-york-vs-san-francisco-landslide-for-n…
Thought you'd find this amusing.
Google adding 7,000 jobs in NYC is a monster expansion? They're adding 25,000 in San Jose alone. Not sure about the devastation. The thing to worry about for the West Coast is once VCs/execs start moving east in droves, and even then it's not clear it's a zero-sum game.
Amazon, Google..these moves are to create more talent pipelines. There's a lot of good schools on the east coast between D.C., NYC, Boston, Pennsylvania, etc.
As much as I find California libs retarded, I don't think it's the driving cause.
I mean, they picked NYC and Austin? Those are still uber liberal bubbles. Sure the legislation is more business friendly than Cali but not significantly less (except Austin).
Austin's not that liberal really. It kind of is, but it's the legit pro-European style social welfare type that actually has reasons why they believe what they do and not the west coast "let's go vandalize SUVs because muh environment" crowd, nor is it the Hillary style regulatory capture and grift crowd.
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