The greater San Francisco/Oakland area is known as Silicon Valley because of the many technological and computer headquarters there, from Apple to Facebook. Could that be changing?
The Bay Area has some of the highest cost of living expenses in the US. The real estate crunch isn’t helping matters much either. Competition for the top jobs is fierce. That’s why some smaller computer tech companies are abandoning the Silicon Valley dream and taking their talents elsewhere.? Hubert Thieblot, CEO of Curse, moved his company to Huntsville, Alabama, a major NASA hub. It was a controversial, but very profitable move for them. Daily Booth co-founder Jon Wheatley moved to St. Louis. In an article, he complained about San Francisco’s overwhelming rent cost.
This is by no means any disrespect or insult to Silicon Valley or that area. We all owe greater San Francisco a huge debt for housing some of the greatest companies and technological minds of all-time. That being said, they’re not the only candy store in town. There are many areas in our nation, and world in that matter, that are just ripe for technology success. Huntsville has more doctorate degree holders per square mile than any US city. Raleigh-Durham, NC is a huge hotbed for science and technology. So is Boston-Cambridge, MA. And you don’t have to pay $2,800 a month for a one-bedroom apartment. What technological gems are in a neighborhood near you?