« First « Previous Comments 72 - 94 of 94 Search these comments
You have obviously never worked in a real tech company. Location absolutely matters. The myth that people can work anywhere was dead a decade ago.
Yes, I worked in tech for 30+ years.. worked on and seen plenty of local operations (SV) moved to other states.
There are no myths.. since any SV company you point to have 90% of their operations elsewhere and not in SV.. Look at Intel, HP, Symantec, or any others.. HP certainly doesnt have ALL 350K employees in NorCal.. why would they need to?
HP is all to happy to have R&D in Colorado where its cheaper. And the natives in CO and state Govt are all to happy to have jobs in their state.
HP R&D...
Cupertino, Roseville, San Diego, and Woodland, California
Houston, Texas
Corvallis, Oregon
Aguadilla, Puerto Rico
Indianapolis, Indiana
Andover, Massachusetts
Boise, Idaho
LaVergne, Tennessee
Vancouver, Washington
Ft Collins, Colorado
Sandston, Virginia
Certainly R&D isnt a function need to be local..but long term projects unrelated to day to day revenue generating tasks. They have no importance to running operations each month, have no customer interaction, and certainly unimportant in regarding financial and tax compliance/disclosure.
But dont take word for it.. talk to your CEO/CFO and planning department...
Kevin says
You have obviously never worked in a real tech company. Location absolutely matters. The myth that people can work anywhere was dead a decade ago.
Yes, I worked in tech for 30+ years.. worked on and seen plenty of local operations (SV) moved to other states.
There are no myths.. since any SV company you point to have 90% of their operations elsewhere and not in SV.. Look at Intel, HP, Symantec, or any others.. HP certainly doesnt have ALL 350K employees in NorCal.. why would they need to?
HP is all to happy to have R&D in Colorado where its cheaper. And the natives in CO and state Govt are all to happy to have jobs in their state.
Come'on Thomas, don't you know by now, The Big Lie becoming the Real Truth? Say it often enough, and it is so. I think that was Goebbels' method (except in today's Cool and Hip "tech" parlance, "methodology", - it's so much hipper and cooler and smarter-sounding than "method").
"Tech" is companies like FB or google, or any other organization that involves only a cubicle and a workstation and internet hookup. Ya' know, "TECH". What you are talking about has icky poo stuff like chemistry, physics, materials, real stuff not "TECH". That's not tech, it's icky poo. You don't think so? Just ask any young hipster.
Remember, we have become a region of Greater Fools.
SFAce is right. You're just an old fart. Kevin is right. You haven't worked in "real" tech.
What you think of fool is just economic reality.
I can agree with that.
Yes it is. The Reality that our region, by self-selection, is dominated by fools making their housing choices, - their economic choices, with the need for the Ever Greater Fool to come along. The Fool Reality. No wonder HP had a problem today.
Come'on Thomas, don't you know by now, The Big Lie becoming the Real Truth? Say it often enough, and it is so. I think that was Goebbels' method (except in today's Cool and Hip "tech" parlance, "methodology", - it's so much hipper and cooler and smarter than "method").
yes.. i understand. its all ichy poo..
I would add, that pop finance media is Our New Age Goebbels, naming stuff like Social Media as "TECH". Our good True Believer worker bees here in the region can't help it; they really don't know any better than did some of my Hitler Youth relative from Austria back in the day.
Yes, companies have offices in other locations. Welcome to 20 posts ago.
You completely miss the point. There is NO OTHER PLACE ON THIS PLANET where so many different companies cluster.
Companies can't just "go anywhere". It doesn't work. Offices spring up in places where they have a critical mass, but it doesn't correspond to anything particular about that area.
Companies that have distributed offices and are actually successful (HP no longer counts; they're incompetently managed and anything they do should be ignored) aren't doing cross-site collaboration. An office in boston might be doing one project while an office in tel aviv does another one.
Once again, outside of SV (and maybe NYC) you'll be lucky to find two or three good quality employers in any given city.
You completely miss the point. There is NO OTHER PLACE ON THIS PLANET where so many different companies cluster.
It no longer matters.. it was only true some 30+ years ago.. its no longer true.
We had 3x more employers and 3x more employed while salaries were more balaned as were the workers.. which included mfg, sales, eng, mrtk and g&a..
Besides, you have no say in the matter.. that is left for those in power... the Financial Analysis and Planning Group and Management who map out long term strategies..
What are you going to do.. maybe unionize and go on strike... because you feel
entitled to a big pay, big house, big lifestyle in SFBA...... good luck on that...
As BACAH has already put it so rightly .. welcome in the greater fools.
Hey Kevin, my jobs were "gone anywhere" lotsa times. Georgia (I think), East Fishkill, San Antonio, Njimegen, Portland, Taiwan, Japan, etc. Yes you are right, the "companies" maintained a facade here for the hipsters and office workers etc., though you might be surprised how many of the back office functions for professions like accountants and lawyers have also "gone anywhere" when the company still kept a shingle in the Bay region.
Just how long have you lived in this region and how many years of "tech" experience are you speaking from?
There is NO OTHER PLACE ON THIS PLANET where so many different companies cluster.
I dunno, there sure are a lot in Hsinchu Science Park. Oh yeah, I forgot. They only build icky poo manufacturing of "stuff" there; they don't do "tech".
outside of SV (and maybe NYC) you'll be lucky to find two or three good quality employers in any given city.
Really? What is your definition of a "good quality employer?"
They only build icky poo manufacturing of "stuff" there; they don't do "tech".
LOL! give me more icky poo anyday.. just love icky poo... you learn alot from icky poo..
So there is a really nice corporate housing complex near where I am living now. Mega nice hot tub and pool, and no locks on the gates. I am a regular visitor to those facilities haha. Anyway, when I was there tonight I was talking to a guy that is here visiting from CT. EE-turned-programmer. Since I was born and raised here, he asked me, "so I am sort of curious, why do they call it the silicon valley? All I really see here is software." So I explained the history of the place and how there is still some hardware here, but it really is just a software hub for the most part. There is still a semi-tech presence, but it is just a shell of what it used to be. Except for the insane industrial ground pollution that runs from San Jose to Menlo Park, that is still ever-present to remind us of the SV's "roots". I guess that this was his first visit here, and since it is "winter" here right now, he wants to move out here. Can't blame him, especially since he just went through Sandy.
I think that the "tech" industry in general has matured and is not really innovating at all like it used to. It all mostly looks like gimmicky new applications of existing/miniaturized technology with fancy software front-ends to get consumers to open their wallets. Granted, that stuff keeps my paychecks rolling, but I really cringe when I see the word "innovate" used in the media. Wake me up when we have a viable replacement for silicon computing and a readily available material with 10x the thermal conductivity of copper. That's not to say that there are not a lot of smart, talented people in the SFBA, but it is funny to see how many are under the illusion that they are revolutionizing the world or something. Bro, it's a phone that lets you snoop on your friends' lives 24/7, not a stable wormhole that instantly transports you anywhere you want while simultaneously curing cancer.
I really cringe when I see the word "innovate" used in the media.
because
B.A.C.A.H. says
pop finance media is Our New Age Goebbels
Just how long have you lived in this region and how many years of "tech" experience are you speaking from?
15 years in the industry, 7 years in SV before I decided it wasn't worth trying to raise a family there.
Really? What is your definition of a "good quality employer?"
[Referring to tech companies] -- One that:
- Has a real future so you won't be getting laid off in a year anyway.
- Pays well
- Respects their employees
There are at least two dozen companies I can think of off the top of my head that are headquartered in SV that meet these qualifications. Other big cities have vassel offices of some subset of these companies, maybe.
If you're involved in just about any type of science and engineering (and are good at it), you can go to SV and have your pick of employers. Go to any other city and you'll be lucky to even be able to get interviews at more than two or three.
I see. A resident expert since 2005, Seven Years of Feast. thomas, bmwman and myself are lifers here. Local podunk kids. We have seen these cycles come and go. Through the years all those Who Rush In supporting local services by paying market rate property taxes directly ("homeowners") or indirectly (market rents), thank you very much. Good luck and enjoy.
[Referring to tech companies] -- One that:
- Has a real future so you won't be getting laid off in a year anyway.
- Pays well
- Respects their employees
A year is not much of a "real" future, - you think? Pays well is relative to the cost of living. Respects their employees, hmm. By that I suppose you mean, has domestic partner benefits. I grant you that, but I don't think the Bay Area is the only region outside of NYC with that kind of respecting of employees.
Godwin's Law looks like it might soon be in effect here lol.
I didn't know about Godwin's Law till I looked it up. Which part will be in effect?
(http://en.wikipedia.org/wiki/Godwin%27s_law)
While falling foul of Godwin's law tends to cause the individual making the comparison to lose their argument or credibility,
or
fallaciously miscasting an opponent's argument as hyperbole when the comparisons made by the argument are actually appropriate.
?
BACAH, this part.
"Godwin's law is an argument made by Mike Godwin in 1990 that has become an Internet adage. It states: 'As an online discussion grows longer, the probability of a comparison involving Nazis or Hitler approaches 1.'"
I forgot that it can be plain-old Nazi references, not just ones to Hitler. Godwin's Law is in fact in effect! There's a politics section on a large BMW forum that I sometimes visit (now THERE'S a cesspool!)...Godwin seems to rule that place lol. It's fairly rare that I see Nazi references on Pnet, excluding A-Fuck's posts anyway. Neo-Nazi cannibal serial killers lol.
Anyway, I am not saying that the references are inaccurate. We ARE dealing with RE and the central bank, so as far as I am concerned those references are totally appropriate!
A year is not much of a "real" future, - you think?
o_O. I can't tell if you're just being obtuse or ...
Pays well is relative to the cost of living.
That's part of it.
There good tech companies in the valley pay 50% more than others. They're the ones where the competent people go (well, the ones who don't start their own business).
Respects their employees, hmm. By that I suppose you mean, has domestic partner benefits. I grant you that, but I don't think the Bay Area is the only region outside of NYC with that kind of respecting of employees.
No, I mean they:
- Let people work the hours that they want
- Treat people like adults when it comes to using building facilities
- Let people take vacations when they want
- Speaks openly and honestly about what's going on inside the company (products, finances, etc.)
- Has a transparent system for promotions / raises / bonus / equity
- Provides a top tier benefits package, even if it costs a bit more.
The vast majority of companies don't do most of these things.
In SV, a good engineer can choose from a dozen companies that fall into this group. In other big cities like ny, chicago, or seattle you might have two or three. In smaller cities you'll be lucky if there's a vassel office of one of the big ones.
Kevin,
You weren't here during the tech crash (or maybe you were, when did you leave?). If you think that there is job security in the number of tech companies, you are a little off. I was working a summer job at a Home Depot tool rental department at that time. 3 of the other 5 guys I worked with were VLSI designers from IBM. Another summer job was spent working in a warehouse for the county office of education. A couple of those guys were from a division of Lucent Tech that got shut down. The economy around here was D-E-A-D, empty storefronts and everything.
I am seeing and hearing all sorts of stuff now with Web 2.0 or whatever that is eerily familiar. Dozens of companies with no real business model and "the world's best talent" creating IPOs. It's the new NEW paradigm, man. In 1999 it was, "It's not about profits man, it's about finding investors!" In 2012 it is, "Well, it's about LOOKING profitable man, then using that to find investors! And changing the internet forever!!1"
The major players that make up the backbone of this place like Intel, (maybe) AMD, Cisco, NASA, Agilent, HP, Apple and (maybe) Google will probably still be here after the next correction, but you are crazy if you think that they mean guaranteed job security. You need to be damn good at your job as well as knowing how to play politics to make the right friends in management. It's very rare to be able to play politics while actually being good at your job, too. Maybe it WON'T crash again and web companies are humanity's future, I don't know. I doubt it, though. They are all 100% dependent on ad revenue, and ad revenue only exists when people have disposable time and money. Given the economic condition of our nation, I don't see disposable income increasing the way it needs to to sustain most of these companies.
bmwman, he's only been here since 2005, only seen his Seven Years of Feast. Maybe he's a Homeowner in a recent wave of Greater Fools who came in to take the place of former residents from former behemoths like IBM or Sun or Lockheed or pre-Second-Coming-of-Jobs Apple or whatever.
I worked in some of the places he probably would call inferior employers and some he'd probably call gilded. Much of what he attributes to being great companies is the culture of the region, as I have experienced most of what he wrote at what he would call the crappy employers, except maybe the gilded benefits part. Gotta be a Civil Servant for that. Thank goodness folks (Greater Fools) keep churning in here to keep the house prices and assessments high to make ever-higher property taxes to support or Civil Servants.
« First « Previous Comments 72 - 94 of 94 Search these comments
"The median price for new and existing houses and condominiums in the region reached $416,000 in the nine-county region in October, DataQuick said. That figure was $13,000 lower than in September, but up 19 percent from $350,000 the same month last year.
Nearly 7,800 homes sold in the Bay Area last month, up 21 percent from last year, the statistics showed...
DataQuick also said buyers are snapping up more mid- to high-end homes. Foreclosed properties are also making up a smaller part of the sales mix, lifting the median price because they tend to sell at steep discounts.
***
-- Jumbo loans, mortgages above the old conforming limit of $417,000, accounted for 38.9 percent of last month's purchase lending - the highest since November 2007, when it was 43.4 percent. Jumbo loans dropped to 17.1 percent in January 2009. Before the credit crunch struck in August 2007, jumbos accounted for nearly 60 percent of the Bay Area purchase loan market."
http://www.sfgate.com/realestate/article/Home-prices-in-Bay-Area-climb-4038338.php
#housing