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Reply to "What is stopping NoVA from reaching SV level prices?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]It is a shity southern state with as much swampland around its one draw (DC). Traffic sucks so there is a race to be close but the rest is mediocre. Who would look at Springfield and think this deserves to be nice?[/quote] Was about to say something similar. SV has the Pacific on one side and gorgeous mountains on the other side + bay. Nova is ugly as shit humid swampland.[/quote] NOVA is what it is, granted no oceans and views. But it is invigorating the Mid Atlantic in TECH plus politics. Being just outside of the heart of Congress doesn't exactly hurt and many of my neighbor lawyers and lobbyists live hear for precisely that.[/quote] If you are creating a product or service people actually want to buy or use, you won’t need to kiss a politicians ass. Talented people have choices and choosing not to live in an expensive swamp is obviously one most make.[/quote] Actually we have a product that no one is willing to pay for, want to use for free, then trade their personal information for its use, then politicians do matter [/quote] Good point, but not all SV companies have made money this way.[/quote] Facebook, Google do, and Apple and Amazon sell services and hardware built on the back of the first two. If we didn’t have Facebook, Google on our phones what would we do, if we actually paid for apps b/c they couldn’t harvest personal info, I suspect usage was plummet. And AWS is backbone of Amazon profits, and SV companies are biggest customer (though DoD could be next)[/quote] Apple and Amazon are built on back of Facebook and Google? Okaaaay. Care to elaborate? There are also companies like Uber, Lyft, and Airbnb... not to mention companies like Cisco and Oracle. Adobe. Agilent. HP. Intel etc etc [/quote] +eBay, Netflix, Tesla, Xilinx In other words.. companies where being a worthless bureaucrat just won’t cut it[/quote] Uber, Lyft, Netflix, Tesla — all barely profitable or not profitable. They survive off venture capital, which is booming largely b/c of the actions of the Fed. Yes FPGA are a real business, but guess what Govt is a huge customers. Same with Cisco and Oracle (and Oracle is dying). As for why FB, Google, and ‘free, user is product’ services — most people are not spending money for the vast majority of what they do on their phone: free games, Insta, WhatsApps, email, calendars, etc — they use FB and Google services (Apple is partly there and they bundle with their hardware but small player, services so far except cloud data). [b]If Gov cracks down and says you can no longer trade in private ad data[/b], and users actually have to spend $1/month for insta, $2/month for FB, $3/Gsuite — you will see profits decimated (as users are way more valuable as ad targets selling private info), and honestly I suspect you would see subscription fatigue. [/quote] 1. There are still plenty of real businesses in SV. I only mentioned the names most people recognize. 2. That's a big if.[/quote]
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