I've found that as much as the technical folks have spread out to Seattle & Austin (and now elsewhere as those are getting too expensive), nearly all of the business folks stick to the Valley. Both the brilliant and the parasites.
As the capital cycle has shifted away from VC towards companies consolidating and needing to make real returns, it's going to be interesting to see if SV can stay what it is until things turn around again.
During the dotcom correction, it was still possible for some people to stick around and eek out a living. Today that's not possible without technologist wages.
Business folks are mostly trend followers now and "leaving California" is a trendy thing to do.
As the capital cycle has shifted away from VC towards companies consolidating and needing to make real returns, it's going to be interesting to see if SV can stay what it is until things turn around again.
During the dotcom correction, it was still possible for some people to stick around and eek out a living. Today that's not possible without technologist wages.
Business folks are mostly trend followers now and "leaving California" is a trendy thing to do.