San
Francisco was the
place to be for
people in
tech. Then it wasn't.
/https%3A%2F%2Fblueprint-api-production.s3.amazonaws.com%2Fuploads%2Fcard%2Fimage%2F655968%2F4b03decc-4ee0-400a-99c8-aae0cdf05884.jpg)
Jeanna Barrett had spent the last 20 months in Seattle helping grow a location-based mobile app. In April 2011, Groupon acquired the startup, and it declined to keep her on staff.*
Fine by her.
"I called my parents after I found out I didn’t have a job at Groupon and said, 'I'm moving to San Francisco.' I just knew I wanted to make it work," Barrett said.*
Barrett is one of thousands of hungry tech workers that move to San
Francisco each year. The influx of
people and money centered around technology has been extreme even for a city with a sports team named for the 1849 gold rush. Software engineers and marketing strategists look to the city by the Bay as
the place to live to be a part of innovation. The tech explosion of the last two decades has transformed the area, turning its metro areas into some of the richest in the world.*
Read more...
More about
Startups,
San Francisco,
Silicon Valley,
Venture Capital, and
Tech Industry