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Census data : Indian / Chinese population in Bay area
invite response
2011 May 12, 5:36am 11,444 views 49 comments
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Perhaps none of you meant anything negative by it, but to me the term “Chindian†sounds a bit demeaning. It is my first time seeing this term so ‘ve looked up dictionary.com, and there is no entry. Did this term spawned out of NorCal region?
Lighten up Francis! The first time I saw it was on this site. It’s easier than typing Chinese/Indian. Nothing more, nothing less.
Oh I'm not offended by the term, I don't sense anyone is using it in a degrading manner. But what you've said is exactly my point... I wouldn't like it if I'm being referred to as Ames or Ricans rather than American. Even though it is easier to type, I still prefer being referred to as an American. Let's move on, back to topic please.
bubblesitter
2011 May 13, 8:53am
I don't see anyway the income of these Chinese/Indians couples trippled since 2000. So it purely a bubble. It would have been that way even without Chinese/Indians in Cupertino.
I don’t see anyway the income of these Chinese/Indians couples trippled since 2000.
If history is any indication of overpaid employees in tech, as in out of control spending. It will as usual result in a hard pull back. As such we seen that happen around SV many times over.
HP when they hired Mark Hurd, or Yahoo hired Carol Bartz, resulted in cost cutting that was pretty brutal for some. I know of a few who havent regained their prior income levels or equal position. We also saw Intel cut over 1000 mid level positions, and currently will see Cisco do the same.
No! it certainly does not jive with what is actually happening in the real world since 2000.
I don't think tech jobs are overpaid.
Microsoft just bought Skype for $8.5 Billion.
If Skype has 1000 employees, that is $8.5 million for each employee !
The problem is everyone wants to be a programmer back in the 90s.
The supply is just too high.
Serpentor
2011 May 13, 11:08am
right.. all those employees get the same number of options and the venture capitalists get nothing. Ha
and their HQ is in Luxembourg. How that affects Bay Area real estate is beyond me
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guess where they are the concentrated : Cupertino :-)
http://www.mercurynews.com/census/ci_18046364
And 'white flight' from Cupertino:
http://www.wsjclassroomedition.com/teen/teencenter/05nov_whiteflight.htm