Bay Area

“Smaller companies Do show a slight preference to local candidates. And so if your goal is to work at a small, let's say sub, you know, 20 person startup you're probably at a I don't know, 10 to 20% advantage if you're based in the Bay Area.”

“And so they end up having to rely on proxies for that. And a good proxy often is, you know, where's the venture funded companies happening and venture funded companies have tend to happen closest to where VCs happen to live because they don't like to travel th…”

“If you're in the Bay Area and you take a job with Zapier, we'll pay 10,000 dollars to help you relocate to anywhere, or so we call it delocate.”

“So we do this thing called Airbnb on boarding, which when we hire folks within the first month, we actually do like to have them spend a week in person out here in the Bay area. So we'll, we'll rent an Airbnb. We'll bring their manager out here, them out here …”

“So we've actually hired about 15 folks since then, and only one person from the Bay area. She's in the process of, like, mulling over whether she wants to take it or not, but so we actually haven't offered any, because we haven't hired any folks in the Bay Are…”

“I think the future would be an ability for you to build out engineering teams wherever you want, and not just restrict yourself to the Bay Area, and a good common connective tissue that makes sure that things don't break because of bad communication or because…”

“So you know, we're alive in, in the Bay Area and in New York at the moment. A typical apartment, you know, our price ranges are, you know, probably anywhere from 2000 to maybe on the upper end, 6000 dollars on a given unit.”

“And now most most of the VCs here in the Bay Area, they are our customers, you know”

“He had twins, and he wanted to buy a house only to find out that you need to have 304 100,000 dollars to spare, not, not all of your savings to spare, to be able to buy a house.”

“There are people in the Bay Area today making more than 200,000 dollars household income, but they can't even think about buying a house.”

“Over the course of the next few weeks, the founders interviewed over 200 small business owners across the Bay Area, and they kept hearing the same issue. Deliveries are painful.”

“And basically, what's weird about network effects is if you're not Benefiting from them. You don't know what you are missing.”

“We get the benefits of living in the Bay Area and having the network effects of the city. Without all living in, like, the, like, our lives are not the Twitter thread. Showing photos of what's going on in downtown San Francisco.”

“You and I both saw a lot of people leave the Bay Area during COVID. All of them came back and they all said this.”

“We got 16,667 dollars of funding, which in hindsight is pretty small, but it was totally sufficient to come out to the Bay Area, live on a friend's floor, and build Bump some more.”

“Whereas in the UK, I think the level is Still really, really strong, but the competition is less, so your ability to hire that top class talent, I think is probably stronger in Europe.”