Isn't the real WTF why a cloud company needs to invest a quarter of a billion dollars just to inconvenience 3000 workers with a commute, and narrow their talent pool to the people they can hustle up work-permits for in the US? (Yeah, I know, Google has offices outside the US, too).
I think the answer is a combination of culture and sunk cost. The people hiring do so locally for personal cultural reasons; hiring globally means changing almost all busines processes. They already have thousands of co-located employees, so switching to a global model would entail drastically changing the nature of their company.
It's "only" about $85k/year, and as many others have pointed out the value of the building is not likely to go to zero (although seeing the ghost of Detroit...)
Anyhow, not saying I support it, but at the salaries Google can afford it makes sense...
I agree, but I feel that I already know the answer. That is the assumption being the best talent is on the peninsula. If you open an office too far south or across the bay, then people from Mountain View upto San Francisco will not come to work for you.
> That is the assumption being the best talent is on the peninsula.
I've never seen good data to back this up. Are you aware of any sources? (I know you weren't making the claim yourself.) Talent is already difficult to register, and I find it absurd to think that all the best engineers in the world would cluster in west bay. The only people clustering are those who want to work for google (or startup XYZ), not the people google necessarily wants to hire.
"A second Apple spaceship will be landing in Sunnyvale", October 2015, maybe it has something to do with it, somehow. http://fortune.com/2015/10/02/apple-spaceship-sunnyvale/
"The transaction is another sign—as if you need any more—of Apple’s tremendous expansion, potentially providing enough room for more than 3,000 workers. "
e12e|10 years ago
Inthenameofmine|10 years ago
matheweis|10 years ago
Anyhow, not saying I support it, but at the salaries Google can afford it makes sense...
yes_or_gnome|10 years ago
cpeterso|10 years ago
hkmurakami|10 years ago
duaneb|10 years ago
I've never seen good data to back this up. Are you aware of any sources? (I know you weren't making the claim yourself.) Talent is already difficult to register, and I find it absurd to think that all the best engineers in the world would cluster in west bay. The only people clustering are those who want to work for google (or startup XYZ), not the people google necessarily wants to hire.
kqr2|10 years ago
https://en.wikipedia.org/wiki/San_Francisco_Peninsula
ycosynot|10 years ago
moflome|10 years ago