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DukehornParticipant
The amount of wealth generation in Silicon Valley (and with telecomm in San Diego) is pretty amazing. The problem with a google or yahoo is that the Really Smart people have really no incentive to stay if they strike it rich. They then have the money and security to move on to a new start-up. The number of old-school googlers that have started new companies is pretty high (just as it was for yahoo). I guess it’s how we, as a country, stay on top of innovation but it makes a company like Yahoo (only 14 years old) appear like a dinosaur.
Of course, folks that move to SD or SF from Texas or North Carolina have a bit of a problem trying to jump into the market versus the option money :(.
It’s amazing how Xerox could have retained its relevance in the tech world if it just was able to assess its own technology–course, we might not have an Apple today.
DukehornParticipantThe amount of wealth generation in Silicon Valley (and with telecomm in San Diego) is pretty amazing. The problem with a google or yahoo is that the Really Smart people have really no incentive to stay if they strike it rich. They then have the money and security to move on to a new start-up. The number of old-school googlers that have started new companies is pretty high (just as it was for yahoo). I guess it’s how we, as a country, stay on top of innovation but it makes a company like Yahoo (only 14 years old) appear like a dinosaur.
Of course, folks that move to SD or SF from Texas or North Carolina have a bit of a problem trying to jump into the market versus the option money :(.
It’s amazing how Xerox could have retained its relevance in the tech world if it just was able to assess its own technology–course, we might not have an Apple today.
DukehornParticipantThe amount of wealth generation in Silicon Valley (and with telecomm in San Diego) is pretty amazing. The problem with a google or yahoo is that the Really Smart people have really no incentive to stay if they strike it rich. They then have the money and security to move on to a new start-up. The number of old-school googlers that have started new companies is pretty high (just as it was for yahoo). I guess it’s how we, as a country, stay on top of innovation but it makes a company like Yahoo (only 14 years old) appear like a dinosaur.
Of course, folks that move to SD or SF from Texas or North Carolina have a bit of a problem trying to jump into the market versus the option money :(.
It’s amazing how Xerox could have retained its relevance in the tech world if it just was able to assess its own technology–course, we might not have an Apple today.
DukehornParticipantThe amount of wealth generation in Silicon Valley (and with telecomm in San Diego) is pretty amazing. The problem with a google or yahoo is that the Really Smart people have really no incentive to stay if they strike it rich. They then have the money and security to move on to a new start-up. The number of old-school googlers that have started new companies is pretty high (just as it was for yahoo). I guess it’s how we, as a country, stay on top of innovation but it makes a company like Yahoo (only 14 years old) appear like a dinosaur.
Of course, folks that move to SD or SF from Texas or North Carolina have a bit of a problem trying to jump into the market versus the option money :(.
It’s amazing how Xerox could have retained its relevance in the tech world if it just was able to assess its own technology–course, we might not have an Apple today.
DukehornParticipantThe amount of wealth generation in Silicon Valley (and with telecomm in San Diego) is pretty amazing. The problem with a google or yahoo is that the Really Smart people have really no incentive to stay if they strike it rich. They then have the money and security to move on to a new start-up. The number of old-school googlers that have started new companies is pretty high (just as it was for yahoo). I guess it’s how we, as a country, stay on top of innovation but it makes a company like Yahoo (only 14 years old) appear like a dinosaur.
Of course, folks that move to SD or SF from Texas or North Carolina have a bit of a problem trying to jump into the market versus the option money :(.
It’s amazing how Xerox could have retained its relevance in the tech world if it just was able to assess its own technology–course, we might not have an Apple today.
DukehornParticipantI’ve had the pleasure of going to google for lunch a few times–the food is good. I’ve watched the employees walk their dogs (it was suppose to be a once-in awhile perk till a VP started bringing his dog everyday), seen cubicles being decorated, and kids playing guitar hero in the snack rooms, and I sort of wonder when work gets done.
An older friend of mine, who’s fairly high up at AMD, says it reminds him of Silicon Graphics in the heyday. A number of really smart hardworking folks that end up trying to carry the company because the newer folks are caught up in the country club atmosphere. I didn’t believe that assessment but after being on that campus a few times, I’m starting to come around.
DukehornParticipantI’ve had the pleasure of going to google for lunch a few times–the food is good. I’ve watched the employees walk their dogs (it was suppose to be a once-in awhile perk till a VP started bringing his dog everyday), seen cubicles being decorated, and kids playing guitar hero in the snack rooms, and I sort of wonder when work gets done.
An older friend of mine, who’s fairly high up at AMD, says it reminds him of Silicon Graphics in the heyday. A number of really smart hardworking folks that end up trying to carry the company because the newer folks are caught up in the country club atmosphere. I didn’t believe that assessment but after being on that campus a few times, I’m starting to come around.
DukehornParticipantI’ve had the pleasure of going to google for lunch a few times–the food is good. I’ve watched the employees walk their dogs (it was suppose to be a once-in awhile perk till a VP started bringing his dog everyday), seen cubicles being decorated, and kids playing guitar hero in the snack rooms, and I sort of wonder when work gets done.
An older friend of mine, who’s fairly high up at AMD, says it reminds him of Silicon Graphics in the heyday. A number of really smart hardworking folks that end up trying to carry the company because the newer folks are caught up in the country club atmosphere. I didn’t believe that assessment but after being on that campus a few times, I’m starting to come around.
DukehornParticipantI’ve had the pleasure of going to google for lunch a few times–the food is good. I’ve watched the employees walk their dogs (it was suppose to be a once-in awhile perk till a VP started bringing his dog everyday), seen cubicles being decorated, and kids playing guitar hero in the snack rooms, and I sort of wonder when work gets done.
An older friend of mine, who’s fairly high up at AMD, says it reminds him of Silicon Graphics in the heyday. A number of really smart hardworking folks that end up trying to carry the company because the newer folks are caught up in the country club atmosphere. I didn’t believe that assessment but after being on that campus a few times, I’m starting to come around.
DukehornParticipantI’ve had the pleasure of going to google for lunch a few times–the food is good. I’ve watched the employees walk their dogs (it was suppose to be a once-in awhile perk till a VP started bringing his dog everyday), seen cubicles being decorated, and kids playing guitar hero in the snack rooms, and I sort of wonder when work gets done.
An older friend of mine, who’s fairly high up at AMD, says it reminds him of Silicon Graphics in the heyday. A number of really smart hardworking folks that end up trying to carry the company because the newer folks are caught up in the country club atmosphere. I didn’t believe that assessment but after being on that campus a few times, I’m starting to come around.
DukehornParticipantI think raptorduck gives a solid indication of the high end of the market in the Bay Area. I know some officers of various companies that have made recent purchases (one in Los Altos, the other in Hillsborough). But the big wealth buyers have never been the issue in the Bay Area.
I think what would be considered the “middle market”–600,000-1 million, is running pretty slow (at least in Sunnyvale). Folks aren’t interested in paying that for a 1200 sq ft home that sold for $400,000 back in 2003, especially if they have 2 kids.
Google is slowing its hiring. The VMware stock drop and the yahoo layoffs are the hot topic of conversation. My friend was going to rent a townhome (again rentals are lagging behind sales price) from a yahoo couple, but with the upcoming layoffs, they’re thinking about selling and leaving the state.
Folks who have been exercising their options are keeping prices reasonably solid in the mid-Peninsula. But google has definitely lowered the size of its option grants since 2005, so it’s hard to say if there will be an immediate wave of new google wealth anytime soon.
DukehornParticipantI think raptorduck gives a solid indication of the high end of the market in the Bay Area. I know some officers of various companies that have made recent purchases (one in Los Altos, the other in Hillsborough). But the big wealth buyers have never been the issue in the Bay Area.
I think what would be considered the “middle market”–600,000-1 million, is running pretty slow (at least in Sunnyvale). Folks aren’t interested in paying that for a 1200 sq ft home that sold for $400,000 back in 2003, especially if they have 2 kids.
Google is slowing its hiring. The VMware stock drop and the yahoo layoffs are the hot topic of conversation. My friend was going to rent a townhome (again rentals are lagging behind sales price) from a yahoo couple, but with the upcoming layoffs, they’re thinking about selling and leaving the state.
Folks who have been exercising their options are keeping prices reasonably solid in the mid-Peninsula. But google has definitely lowered the size of its option grants since 2005, so it’s hard to say if there will be an immediate wave of new google wealth anytime soon.
DukehornParticipantI think raptorduck gives a solid indication of the high end of the market in the Bay Area. I know some officers of various companies that have made recent purchases (one in Los Altos, the other in Hillsborough). But the big wealth buyers have never been the issue in the Bay Area.
I think what would be considered the “middle market”–600,000-1 million, is running pretty slow (at least in Sunnyvale). Folks aren’t interested in paying that for a 1200 sq ft home that sold for $400,000 back in 2003, especially if they have 2 kids.
Google is slowing its hiring. The VMware stock drop and the yahoo layoffs are the hot topic of conversation. My friend was going to rent a townhome (again rentals are lagging behind sales price) from a yahoo couple, but with the upcoming layoffs, they’re thinking about selling and leaving the state.
Folks who have been exercising their options are keeping prices reasonably solid in the mid-Peninsula. But google has definitely lowered the size of its option grants since 2005, so it’s hard to say if there will be an immediate wave of new google wealth anytime soon.
DukehornParticipantI think raptorduck gives a solid indication of the high end of the market in the Bay Area. I know some officers of various companies that have made recent purchases (one in Los Altos, the other in Hillsborough). But the big wealth buyers have never been the issue in the Bay Area.
I think what would be considered the “middle market”–600,000-1 million, is running pretty slow (at least in Sunnyvale). Folks aren’t interested in paying that for a 1200 sq ft home that sold for $400,000 back in 2003, especially if they have 2 kids.
Google is slowing its hiring. The VMware stock drop and the yahoo layoffs are the hot topic of conversation. My friend was going to rent a townhome (again rentals are lagging behind sales price) from a yahoo couple, but with the upcoming layoffs, they’re thinking about selling and leaving the state.
Folks who have been exercising their options are keeping prices reasonably solid in the mid-Peninsula. But google has definitely lowered the size of its option grants since 2005, so it’s hard to say if there will be an immediate wave of new google wealth anytime soon.
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