One of the upsides of the pandemic is that it has opened tech CEO's eyes to the rest of the world. I wonder how many of their cash cows will move away before SF / California leaders realize there are limits to parasitizism?
"Online lender LendingClub slashed its San Francisco workforce last year and moved jobs to Utah, and Stripe announced in May that it was hiring over 100 remote engineers in 2019.
Even Facebook CEO Mark Zuckerberg is having second thoughts, recently telling an audience in Utah that if he were starting a company today, he wouldn’t do it in the Bay Area."
https://www.cnbc.com/2020/02/08/twitter-ceo-jack-dorsey-san-francisco-comments-a-warning-sign.html
"Online lender LendingClub slashed its San Francisco workforce last year and moved jobs to Utah, and Stripe announced in May that it was hiring over 100 remote engineers in 2019.
Even Facebook CEO Mark Zuckerberg is having second thoughts, recently telling an audience in Utah that if he were starting a company today, he wouldn’t do it in the Bay Area."
https://www.cnbc.com/2020/02/08/twitter-ceo-jack-dorsey-san-francisco-comments-a-warning-sign.html