Jaswa: Silicon Valley Cost of Living Cripples Startup Engineering Headcount
Sujay Jaswa · Billion Dollar Wins -- and Losses · Joe Lonsdale · Jul 22, 2021 · at 31:14
Sujay Jaswa (WndrCo founder, former Dropbox CFO) discusses the primary systemic threat to Silicon Valley's innovation leadership with 8VC partner Joe Lonsdale.
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“So, my single biggest fear for Silicon Valley is the cost of living. And the reason that matters is if you're a startup and you need to pay your engineers 250,000 dollars to, so that they can afford to live, almost by definition you can't afford that many engineers. And it limits your ability as a, as an entrepreneur to develop products, to go to market, to all these things, right?”
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