i think it now costs about 2x to live in SF vs sunnyvale. this effectively cuts a small startup's runway in half!

Jul 26, 2014 · 2:08 AM UTC

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Replying to @sama
@sama All the more reason to #respectthevalley.
Replying to @sama
.@sama @pmarca In 2007, I'd told my boss, "recession coming, in few yrs salaries will *need* to be $500k." My bad: wages always lag!
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Replying to @sama
@sama and at least half again in just about any other city in the country. Upon which people are starting to act.
Replying to @sama
@sama @pmarca it's a shame the internet only works in the SF area, otherwise successful businesses could be ran from anywhere nowadays
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Replying to @sama
@sama @pmarca even half of that to live in Richmond, VA. Ppl put lots of pressure on us to move until they see the effect on our runway :)
Replying to @alecfwilson
@alecfwilson @sama Success has *nothing* to do with which city you live in.
Replying to @sama
@sama Utah is business friendly and office space available.
Replying to @sama
@sama how much to a one room office Avg? With rent, utility, taxes etc?
Replying to @sama
@sama: i think it now costs about 2x to live in SF vs sunnyvale. this effectively cuts a small startup's runway in half!” But... brunch!