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I am curious why big tech companies are not seeking to expand outside of Bay Area more aggressively. I understand small companies and startups with great venture companies around, but what is holding Apple, Google, Facebook from moving HQ different place and just stop hiring here. Talent pool is shallow, salaries are ridiculous, labor regulations and corporate taxation are business unfriendly. What is the reason to keep growing in Bay Area? #tech #bayarea #faang
They are seeing the chance to turn a billion dollar company to multi trillion dollar companies
It is too early to know that trend. But certainly companies might be mooting that idea. Trend will be more clear in next 5 years.
My guess is concentration of SWE and all their competitors down the block so they can easily pouch the talent. Also Stanford nearby is a perk for university recruiting.
I am interviewing and hiring a lot. Of course it is my subjective feeling, but other than fresh graduates, hiring was much easier in Austin. Including pouching engineers from Bay Area.
No offense as I also technically work for amazon now lol but no one in the bay area is excited about working at amazon. In Texas it's still impressive. Just my experience though.