jm + rent + real-estate   1

Foreign Founders Should Look Beyond Silicon Valley | TechCrunch
'Reasons abound for international entrepreneurs and top technical talent to stay away from Silicon Valley and build their startup somewhere else.'

Strongly agreed. This factoid is particularly nuts:

'As Balaji Srinivasan of a16z has observed, roughly 50%+ of the capital allocated for early stage tech investments is actually flowing into Bay Area real estate, directly through office rentals and indirectly via home rentals as a primary driver of skyrocketing salaries.'
salary  bay-area  silicon-valley  usa  tech  jobs  work  real-estate  rent  startups  techcrunch 
january 2015 by jm

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