I think for a lot of people, once you get older and have a family, kids, want better hours, etc…the bay area becomes a pretty poor place to be since the housing costs are so much higher compared to here and you probably can’t (or don’t want to) put in the hours as the young, single engineer trying to get acquired/go public…If you’re single, and all your friends are also doing the startup thang…working is not a big deal.
They (media/bloomberg today) said the fitbit IPO now is because they think Apple will kill them and they are trying to rush to cash out…
Who knows…One thing with San Diego is for people who want to leave the Bay Area, SD housing is insanely cheap for what you get so for people who didn’t hit the IPO lottery, SD will probably be considered a place to settle to actually “own” a home. The place in the bay area that I almost purchased has doubled in value since…insane.
