Comment
Comment by hintymad
There is a famous paper about the location of company headquarters: they get as close as possible to the residence of company CEOs. If we don't consider the CEO's influence, I'm actually curious if the location of company headquarters has to do with the average age of the employees in the Bay Area. As the employees start to have families, they most likely move to the south bay for better or for worse, and I have a hard time imagine that they'd enjoy commuting via BART or Caltrain for more than an hour every day. And this is probably just me or my circles, a city's hustle and bustle becomes a distraction or at least increasing irrelevant as I age. I increasingly enjoy ample parking space, tranquil suburbs, being able to step out and start jogging in woods or huge parks, and certainly not having to deal with the craziness on SF streets. If more people are like me who prefers living outside of the city proper, then I'd imagine a company will have access to more talent by moving its headquarters to the south of SF.