This is 100% correct. Housing has killed the golden goose that is Silicon Valley, yet network effects (VC, exec hires) don't fall apart that quickly.
Solution? HQ in SF + pockets of leadership where possible, distributed everything else
Solution? HQ in SF + pockets of leadership where possible, distributed everything else
The level of talent we can hire by getting people who used to work at FAANG, offering them 50% what they used to make, and letting them leave the Bay Area is absurd.
They can go live by family, have a ridiculously high standard of living, and work on really cool problems for quickly-growing companies.
Remote work isn't perfect; still good to get in person, but easy to justify flights + hotels when the alternative is SF salaries
Remote work isn't perfect; still good to get in person, but easy to justify flights + hotels when the alternative is SF salaries
