[email protected]+ Your Authors @Jason angel: @uber @thumbtack @wealthfront @datastax @robinhoodapp @desktopmetal @calm @launch thisweekinstartups.com/ angelthebook.com/ Dec. 16, 2019 1 min read + Your Authors

Some thoughts on real estate: A functioning economy should provide a range of housing costs that correlated w/quality of life, commute times & value for money

Sometimes this breaks like in NYC, SF & Hong Kong, where things reached a breaking point—but those create oppotuinities.

Hack One: Large companies realized that their employees were traveling further & longer on their commutes over the last decade in SF so they found a hack: buses!

more productive & cheaper since you can work & they’re free!

However, scrappy startups learned something too:

Hack Two: Scrappy startups realized that some elite workers, often entering the parenting phase of their lives, valued their time with family, interesting work & being self-directed most

A hack was born: fully/mostly remote companies!

But those companies lacked culture so...

Hack 3: We are now seeing a new trend I call “Day Trip Startups,” which are startups that are within a quick trip from the Bay Area by car (< 75 miles), private aviation (< 500 miles) or Alaska/Southwest

Teams can easily relocate to Sacramento, while having board meetings in SF

This 3rd hack is the future: founders who can’t take the Bar Area anymore can relocate to Petaluma, LA, Santa Barbara, Sacramento, Reno, Salt Lake City, Oregon, etc. & sell similar folks on LIFESTYLE, cost of living & short commutes—which created the pain—& win the talent wars!!

What hacks are you seeing?

International startup locations (i.e. @NotionHQ in Kyoto)?

Reno in Lake Tahoe for taxes & lifestyle?

Where do you see this going?


You can follow @Jason.



Bookmark

____
Tip: mention @threader_app on a Twitter thread with the keyword “compile” to get a link to it.

Enjoy Threader? Sign up.

Since you’re here...

... we’re asking visitors like you to make a contribution to support this independent project. In these uncertain times, access to information is vital. Threader gets 1,000,000+ visits a month and our iOS Twitter client was featured as an App of the Day by Apple. Your financial support will help two developers to keep working on this app. Everyone’s contribution, big or small, is so valuable. Support Threader by becoming premium or by donating on PayPal. Thank you.