why tech companies are in San Francisco when they could have cheap offices and fast internet pretty much anywhere?
In: Technology
For the same reason that here in Canada all of the big financial institutions are in Toronto rather than Regina or Prince Rupert where it’s much cheaper, because that’s where the most talented graduates and the supporting institutions are. A lot of people want to live in big cities and it is difficult for some companies to find people who are willing to work in more provincial areas, especially if they aren’t getting really big relocation bonuses.
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